<p>So, I know that even if my parents pay 200k for undergrad, it wouldn’t really affect them financially. However, I just have that guilt where I might not be able to pay back the 200k to them.
Should I ignore my feelings and apply no finan aid for a better chance, or should I just step back?</p>
<p>I can understand that you feel guilty about asking for that much money from your family. Did you discuss this matter with your family? (Ideally both the finances and the way you feel about it.)</p>
<p>If $200K is not that big of a deal for your family, you would probably not get any need-based financial aid even if you applied. (Colleges make their financial aid decisions based on a list of all of your income and assets, supported by tax documents and bank statements.) You can still apply for academic scholarships at some college, but that would mean attending a college “below your league”.</p>