They didn’t meet our EFC, not even close, and reduced FA to almost nothing second year (reduction of $20k). D transferred out (as did 4 of her friends - possibly other students she didn’t know). Seems they have a rep for this. Student paper did a story on it and they were also cited by US News or some other publication that wrote a story on the top 10 FA bait and switch schools. To be fair, our income did increase (one time bonus), but not in an apples to apples way. She reapplied last fall since we have a son going to college and thought they would give her more. So many issues with communication. Couldn’t get an official acceptance and thus couldn’t get FA read. Finally got acceptance but FA said we don’t send until July (even though she had to accept by June 1) Begged FA to give a preread; it was almost double her EFC. We are straight W2s, nothing difficult about our income.
Also, they ARE very expensive. Our FA statement from two years ago showed COA estimates for all four years (I guess this is a requirement?) and by the time D was a senior it would’ve been over $80k. Big jumps each year.
D decided not to transfer. She was just pretty disgusted at it all.
With 30% internationals, it’ll be very interesting to see how they fair in the future.