@RightCoaster
It is hard to say what may or may not have been factored in. In UVM’s case, need is allegedly looked at separately and is much much later, with financial packages being sent out in march. In the case of the filing fafsa bonus, I am confident that if it is given or offered, it would show up as it’s own thing (essentially a grant) as part of that march package. Need would be addressed with grants, loans and work study. Need based scholarships in general are called out as such and the UVM Presidential and Trustee awards are clearly called out as merit based, with no mention of need. The NPC shows scholarships on one line and “gift aid” as a potential other (which was blank in our case lol). Personally, I want to believe that when schools say merit awards are given equal consideration to all applicants regardless of need (or that need isn’t a factor) that they mean it. UVM rates rigor as “very” important. That likely helped my 3.45 UW kid who has less than impressive test scores. Essay and state are important. Also probably helped him and I’d bet the state hurt you. Who knows though!
We did file. We are full pay. I want the options for loans and so filing is a requirement on our end. I also didn’t want to take the chance of missing a penny that might be out there. If you look at the numbers, you can get an idea of how this school shakes out (and any school lol, I look at these sheets a lot!). I wish that they showed an average $ amount on the merit based gift that goes to the aid recipients. It is not the majority of kids getting aid but I’ve always wanted to know what that average $ amount is, as I think that would help to see the full picture. I know you aren’t griping about the 2k but I do like seeing these numbers for my own education.
Financial Aid Applicants 1,777 (77.80%)
Found to Have Financial Need 1,347 (75.80%)
Received Financial Aid (of those with need) 1,347 (100.00%)
Need Fully Met (of those with need) 228 16.90%
Average Percent of Need Met 70%
Average Award $23,683
Need-Based Gift (%of aid recipients) 1,337 99.3% avg $16,660
Need-Based Self-Help (%of aid recipients) 931 69.1% avg $2,635
Merit-Based Gift (%of aid recipients) 160 11.90%
Merit-Based Gift (%of freshman with no need receiving merit) 765 33.5% avg $11,096
TOTAL Merit gifts 925
Percentage of Freshman Class Receiving ANY Merit 34%
It will be very interesting to see if we receive the early FAFSA bonus. In theory we met all the requirements of it but I am quite sure they don’t show us as having need, or if they do, as need being fully met with the scholarship. But I freely admit that when I saw that on their site I made sure to get it in before the deadline. The reality is, you can still file the FAFSA if you want but I completely get why you didn’t and if it’s a CSS PROFILE school, that form is a totally different kind of nightmare to be sure.
@carpoolingma I haven’t seen that many of them but the ones I have seen (UVM) and one in state school are very public about it, either in mail or on their website. Digging around at each school for anything they may offer that your child might qualify for never hurts!
@klinska boo for no mail. I am really hoping for mail today but really doubt there will be any. I can hope though.
@kt1969 ugh on the 15 minutes and 7 steps. We got an IDOC request yesterday from Ursinus that really annoys me. First the merit is less than the NPC (Which may have bunded in “need” as with 2 kids there is a teeny tiny bit of need according to our EFC) and then the acceptance letter states FA letter should be received “soon”. But the IDOC due date isn’t until 5/1??? That makes no sense. Plus we did the IRS retrieval tool so why in the world do they need the actual w2’s???