Financial Aid/Merit

MSmom_amp_dad
Tue, 14 Jun 2011 13:32:52 +0000

Rice asked us (the parents) to pay our FAFSA EFC; our D was asked to take the usual Rice $2.5k loan and $1800 in work study. We had two in college for the first two years, but will only have 1 this fall. Our EFC ~ doubled this year (because one child graduated) and we expect to pay Rice a lot more this year (x2) - but we haven’t got this year’s award letter yet. Our 2011 graduate has a well-paying job so we should be able to afford the increase. No merit aid given to our D.

We are a two-income middle-class family, no significant assets other than our house, no savings in excess of the FAFSA allowance (<$50k), so a pretty uncomplicated aid application.