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<p>New or old (whether or not it is changed), W&L’s NPC indicates that there is no special discontinuity in financial aid at $75,000 family income that would exist if the new policy were overlaid on top of a previously less generous policy that resulted in grants less than tuition at $75,000 family income.</p>
<p>Actually, it is not that hard to see – a “meets full need” school will probably produce a low enough EFC at $75,000 family income that even after adding a typical ESC, the net price (EFC + ESC) will be lower than typical non-tuition cost of attendance. Hence, the grants will be tuition or more.</p>