<p>I believe based on experience with both S and now D that NU FA calculator is heavily based on the Institutional methodology which factors assets including equity in your primary residence. So if you have been conservative and have paid off your mortgage NU now expects you to go back into debt to put your kid through school. If you have been living day to day or have lived the high life taking vacations, buying boats, fancy car’s, etc… NU may give you more money and expect less from your parents. Nobody said life is fair. </p>
<p>For S he received $12K more in gift aid from Notre Dame vs NU. Now D has been offered $8-$14K less from NU vs her other accepted schools (still waiting on Notre Dame).</p>