<p>Without going into the intricacies, my daughter’s EFC /SAR was $525 - however, on review, one school said that she did not qualitfy for the Pell (we live overseas - I file a 2555 that excludes my foreign income, which is not that great anyway - which then has to have a foreign interest exchange rate applied to get a $USD amount)…Her first choice offered her 9,000 in merit aid and 7,000 in private grant need aid, as well as the Federal Pell and SEOG grant funds. My question is this, if on review they decide not to accept her for the Pell abnd SEOG funds, will the schol then take away her $7,000 private instituion "need"component? We will be doing it really tough even without the Pell and SEOG, but I fear it may be impossible without the institution grant of $7,000 as well.
Also, I have no credit history in the USA- though we are both US citizens. Will they let me cosign for her loans, or do I need to ask one of our American relatives to do that?</p>
<p>I dont understand how one school says you qualify for a Pell grant and another school says you do not. The federal government I thought was the one who awarded the Pell and SEOG. I dont think they are going to take away any of your need based awards considering your EFC was only 525, unless you did some serious fudging of numbers for the FAFSA. I am not a expert on Fin-Aid but i am sure somone will be able to help you with what you can do.</p>
<p>No fudging - my complete income o/seas is under all US amounts…so my adjusted gross income per my IRS forms is $0 - but I do work (and pay taxes!) in another country -</p>