<p>Those are smaller loans than what my daughter had freshman year. ( our EFC was about $14,000)
She had maximum subsidized Stafford and a small subsidized Perkins grant.
However- as they use the PROFILE, it is certainly possible, that money was determined to be available for college- that a FAFSA only school would not expect.
Equity for instance.</p>
<p>Thats why even though Reed meets 100% of need, that it is necessary to determine early on, what amount can be paid from loans/savings/current income.
Then when you get all the offers you already know what your stretching point is.</p>