Yale vs. Columbia

YCdad67
Thu, 18 Apr 2013 14:37:08 +0000

I did send the C offer to Y. Here is the answer:

“I’m sorry to inform you that no further adjustments can be made with the exception of the request below. Although Yale and Columbia are both Ivy League schools, we use different methodologies in calculating the parent contribution. The Financial Aid Committee reviewed the letter of financial aid offered your son from Columbia and was able to determine the allowances used in the Columbia calculation. Those allowances are not consistent with Yale’s financial aid policy. Our goal is to insure that students from families with comparable financial resources receive comparable financial aid awards. We understand the dilemma you face in making a decision based on two very different financial aid offers, but it would be unfair to other students and their families if we deviated from our policy for students who applied to Columbia and received offers based on a different methodology.”

What should I do? Help please…