<p>I don’t get need-based aid, so I could be completely wrong… but it may say the 34k is only for 2011-2012 because the need-based part needs to be re-evaluated each year. (I think FAFSA has to be filled out every year, right?). So if your family is in the same position next year, you may very well get the same amount. If your situation improves, you’ll probs get less and vice versa. You should definitely find out if this is the case.</p>