How does the Grant system work at Laf?

[dinimuetter]

<p>I’m planning on EDing there but I’m a bit on the sideline due to my lack of understanding regarding financial aids. AFAIK when you apply for FA, you’ll get a grant and possibly a scholarship that has to be renewed every year. Now, the problem is that my family is rather tight on cash and I don’t even want to fathom what would happen if I had to pay the full sticker price. So guys, is there any guarantee that I’ll get the same grant for all 4 years? A requirement would be fine as long as it’s something solid and transparent.</p>

[hudsonvalley51]

<p>What is your EFC? Is your household income >$150,000 +/- and is this why you are worried about having to pay the full sticker price? FWIW, my daughter’s grant went up each of her four years at Lafayette (Class of '12).</p>

[LC82]

<p>

Financial assistance is awarded one academic year at a time. Each year’s need-based award is based on the college costs in effect for that year and the review of all required documents. Lafayette guarantees to meet the full demonstrated need as long as all required documents are received by the deadlines.

[Things</a> You Should Know Tuition & Aid Lafayette College](<a href=“http://finaid.lafayette.edu/financial-aid-tools-policies/things-you-should-know/]Things”>http://finaid.lafayette.edu/financial-aid-tools-policies/things-you-should-know/)
[Types</a> of Financial Aid Tuition & Aid Lafayette College](<a href=“http://finaid.lafayette.edu/financing-your-education/types-of-financial-aid/]Types”>http://finaid.lafayette.edu/financing-your-education/types-of-financial-aid/)
Net price calculator:
<a href=“Net Price Calculator”>Net Price Calculator;