Financial Aid Misunderstanding

cc77cc77cc
Fri, 18 May 2007 18:15:18 +0000

I made a post about this before, but I want to verify it again because my parents won’t believe me.

Hypothetically, if my family contribution were 8k, wouldn’t they only have to pay around 4,400 to the college, and then use the other $3600 - from the books, personal expenses and travel section of the budget - to give to me personally to pay for expenses.

As I understand it, they put all of your bills - tuition, room, board - on the invoice and then subtract the grant. for concrete hypothetical numbers, 45k - 37k.

Is this the way it works?