<p>I posted this inside a different thread but wondered if there were any other thoughts on negotiations. We were offered a Tuition Exchange scholarship/benefit at our D’s first choice LAC, a huge benefit for living on an academician’s salary. She was additionally offered a named sholarship for $5K/yr, plus we were offered a $5500 unsubsidized Stafford loan. Our EFC is still $12K. When I looked at the school’s website, the named scholarship she received is listed as $20K/yr, not $5K. Don’t get me wrong – the Tuition Exchange is really valuable. But can I reasonably ask them to consider giving her the $5500 as more in the named scholarship, rather than a loan?</p>
<p>Ask whatever you want, but don’t expect much in the way of a change in the value of the total package. D1 got tuition exchange at a small LAC and tuition remission at my employer. The small LAC sent a package that looked like this:</p>
<p>Competative scholarship - XX
Music scholarship - XX
Tuition exchange - balance of tuition.
Work Study
Loans
The last two, presumably for the COA that isn’t tuition.</p>
<p>My employer sent one that looked like this</p>
<p>Tuition remssion - entire cost of tution
Loans</p>
<p>They did not award the merit money or the music money she’d been given. Just gave tution remission to cover the bill. </p>
<p>I think it’s really an accounting issue. How does the school want their institutional money reported in the books. Do they want to attribute the cost to their “scholarship” line or their “benefits” line? In the second case (my employer), my d1 not being awarded departmental money frees up funds for the music department to lure someone else.</p>