I greatly appreciate the quick response with answers, advice and philosophy on this subject. Obviously there is more detail than I could put in initial post…the 90K AGI last year was due to significant selling of assets (Cap Gains). AGI would have been about 55K w/o CGs. I fully understand we are not the family in the MOST need; but we are well within the ranks of those who get financial Aid. We hear anecdotal stories from others in the schools involved and it “appears” they got quite a bit more aid for what “appears” to be families with similar situations.
As such, my main question is trying to understand what the impact, if any, on our aid amount was due to having to go through Professional Judgment process versus if our initial FAFSA reflected our new, much lower income reality.
Are we likely to get more FA next year when FAFSA process (from start) reflects our new, greatly reduced income? If anyone can shed light on that it would be very helpful. Thanks to all for contributions!!!