I wasn’t sure if I should post here or Financial Aid forum. Since this is specific to NEU I’m starting here.
My son currently attends NEU, in his second year. His financial award from NEU is fair. It’s a stretch for us to pay the remainder of the bill but it hasn’t forced us to take out extra loans. Only loans are the federal loans.
My daughter will be entering college (not necessarily NEU) in the Fall of 2021. I’ve completed the FASFA and CSS for her. I completed the updated FASFA for my son. As expected, with a second child in college, the EFC for my son is almost half what the calculated EFC was two years ago. EFC for both children are the same.
I contacted the financial aid office at NEU to see if they wanted an updated CSS for my son and they said “no”. They said when my son receives his financial award in the summer of 2021, then at that time they can review the package to see if he is eligible for more aid.
For the families that have gone through this at NEU, is this accurate? I wanted to ensure I didn’t misinterpret their response.
If this is the process then did you find the school to be fair with an updated financial aid award for your current child attending NEU? As stated above we can get by with the current award with ONE child in college. If there is minimal or no modification to the award, it would be extremely difficult for us to pay for my son and daughter, once my daughter starts college.