<p><a href=“BTW,%20most%20private%20colleges%20&%20universities%20expect%20up%20to%201/3%20of%20the%20a%20family’s%20pre-tax%20income%20to%20be%20used%20for%20college%20costs.%20It%20comes%20as%20a%20shock%20for%20most%20people.”>quote=WayOutWestMom</a>
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<p>I agree with the “shock” part of your statement. But, I did have a few of follow-up questions…</p>
<p>(1) How is this “expectation” affected when a family has more than one child in college?
(2) Do you think that applying ED affects the aid package? If so, how?
(3) How/when is merit-aid factored in?</p>
<p>I realize every case is unique, I am just trying to get a sense what other think based on experience.</p>