Tufts financial aid question...

<p>Does anyone know if Tufts uses the College Board formula for home equity, do they cap home equity or do they use a different formula? </p>

<p>I know they consider financial aid in admissions decisions. </p>

<p>Thanks.</p>

<p>I don’t know how they consider home equity … call & ask! I do know that they use the Profile, and their calculation of our EFC was about the same as the other colleges who used Profile. The only issue we had was that Tufts had quite a bit of loan in our package … although some was Perkins, and it was the only school that offered us Perkins (the “best” student loan). They did meet need, and they gave a good-sized grant. It was still too much loan for us in the end, but you may find it better for you. It all depends on the individual situation.</p>