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Is it true that schools give a great aid package the first year to entice a student to enroll and then reduce aid in subsequent years?

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Is it true that schools give a great aid package the first year to entice a student to enroll and then reduce aid in subsequent years?

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This is a financial aid myth that comes up at many colleges. Any student receiving need-based aid is required to complete a Free Application for Federal Student Aid (FAFSA) each year, and those results are used to compute the award. Financial aid packages at CSB/SJU are very similar from one year to the next provided the family’s financial situation is consistent.

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