Learners - Nova may be in your future, but don’t look down on BC for making an adjustment. We experienced it three times in the spring. It happens regularly; I’m guessing based on budgets. But it is also final review of your 2014 tax return, once filed.
In our case, it wasn’t a lot either, but any grant is better than a loan. One college even offered a small merit ‘stipend’ to help adjust to Frosh life, but this was a school that officially did not offer merit aid.
The question for BC – or any need-based college for that matter – is whether they would maintain that level of grant for the next four years if your income/financial situation doesn’t change. Some schools pull a virtual bait and switch with one time grant money for Frosh and less aid in future years – not BC – but there are some out there.
Congrats to your S and his fine choices.