What impact will a reduction in the number of children in college have on my financial aid in subsequent years?
If your need is based on two or more children in college at the same time, and the sibling later graduates or is no longer enrolled in undergraduate college, then your award may be significantly reduced. The more financial resources your parents have, the greater the impact will be. Siblings enrolled in graduate or professional school, while possibly considered in determining your eligibility for federal aid, are not included in making decisions about the amount of institutional aid you are awarded.