Stanford, REALLY? You're killing me.

<p>Colbs:</p>

<p>Two points.</p>

<p>First, you say that your father lost his job. Stanford will reconsider their decision if your situation has changed since you filled out the FAFSA, or if your family income will be less than what you projected for next year on the Profile.</p>

<p>Second, the determination of how much aid to give depends on both income and assets. Here is their explanation of “typical assets”. </p>

<p>

[FAQ</a> : Stanford University](<a href=“http://www.stanford.edu/dept/finaid/site/faq/index.html#faq_2]FAQ”>http://www.stanford.edu/dept/finaid/site/faq/index.html#faq_2)</p>

<p>The amount of your family’s assets over $250K will directly impact the amount of FA offered. That second home, whether rented or not, whether paid for or not, will add a substantial amount to the determination of your assets and may take you out of the running for aid.</p>

<p>Good luck to you in your appeal with the FA office. Perhaps some mistake was made when preparing FAFSA & Profile.</p>