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Applying for financial aid even though I know I won't get any?

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Should I apply for financial aid even though on my dad's last tax return we had a family income 500k+? I spent the day at Rice University and they are very high on aid and I know I won't get any, but I don't wanna be penalized for either having too much income or for not apply for aid? What is y'alls opinion? I'm afraid if I send one in, when in consideration for merit scholarships, the guys in admissions will say "he makes too much, we shouldn't give him anything." I'm afraid if I don't apply for aid to schools then I'll be disqualified for certain scholarships I could have had a chance with otherwise. Any help would be appreciated. Thanks!

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