The current FAFSA EFC for EACH twin is $107,000 and that is the 50/50 split on FAFSA. And the $1.9 million in non-retirement assets certainly is high. While Rice is trying to make their school more accessible to more students via need based aid, the family currently has a FAFSA EFC that is 150% of the cost of attending Rice. I seriously doubt they will be able to “negotiate” need based aid.
I believe the Rice NPC now has this initiative included.
But these kids could be in the running for some merit aid from Rice. It’s night competitive, but you never know…