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Colleges do not have full discretion on awarding federal aid. A Pell recipient must have priority in order to receive a SEOG award. Otherwise, very comprehensive article. But watch out for big time appeals if the number of kids in college, from the same family, is no longer factored in. If that’s the case, I suspect high endowment colleges will award their own discretionary funds to minimize the financial impact to families . Could be the have and the have not’s going after one another at NACAC and NASFAA.

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