The financial aid conundrum can be minimized by proper understanding and thus planning in the precise way and moving forward in the right direction. Student s belonging from families who have not deposited money on the name of their children is likely to receive a profitable financial aid package. The financing institutions issues an suggests financial package on the basis of the family EFC (expected family contribution) regardless of why a particular family is financially backward which may be due to expenditure more than the income or due to unexpected high medical costs due to a severe accidental or disease to a family member and there can be various good reasons for it like buying a Car or house etc.