<p>No, two above is wrong (sorry). If you got a Dean’s they can still email you after they go through RD applicants and offer you the Trustee (or NMF). That means you were pretty competitive, but they still wanted to check compared to the RD applicants to make sure. It’s happened before, including last year.</p>
<p>But it doesn’t happen to many people, so try not to hold your breath for getting more aid. Most people are just going to get what they were offered after EA. </p>
<p>As for financial aid in years 2 and beyond, your scholarship carries over. So long as you don’t do may more semester than you have to (like stay for five years without doing a co-op in a major that can be finished in three…) it will stay with you. Your need-based could change depending on your FAFSA for each year, but most people stay around vaguely the same area, unless you bump up past the 250k mark when they start hitting you hard. Also keep in mind what everyone is always pointing out here- you don’t be tuition when you’re on co-op. You still have to pay for housing in Boston, which isn’t cheap, but at least you don’t pay the 18k or whatever tuition is for each full semester now.</p>
<p>My parents and I have had the financial aid discussion a hundred times, so what I’d advise is to decide right now if you can or can’t take out loans, and if yes, can you take out private loans. I have full federal loans and my parents have a 10k per year federal parent plus loan (and they use a payment plan that spaces the total out over 10 months to make it easier), but they pay the rest out of pocket. If that’s not an option, you may need private loans, which usually have higher rates and stiffer penalties on lateness. I love northeastern and to me, it’s very much worth it to go through all the loan stuff. I’m even going to grad school and taking all of those loans on myself (no parents), but I’m also confident that my work experience, grades, chosen career path, and future masters will get me a job that allows me to pay them off slowly. Plus I’m used to living off of bread and peanut butter. </p>
<p>Just don’t allow yourself to get into the situation where you eat up your cash reserves after two years, but you can’t get a private loan- cause then you’re in trouble.</p>