At what income are you unlikely to get any aid?
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Anonymous
| I realize it depends on a bunch of factors, but at what income would you not even bother to apply? 250? 300? higher? |
Anonymous
| 200 |
Anonymous
| Got some aid with 300. It depends on the school. |
Anonymous
Aid or merit? How much? |
Anonymous
| I make 250. We got merit aid but it didn’t bring the cost to under UVA so she went to UVA. |
Anonymous
20K... aid aid... |
Anonymous
| we got 20-30K merit at various schools. we didn't apply for FAFSA, 1M |
dvandivier
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If significant amount in savings (outside of retirement), it almost doesn't seem to matter the income (either/or).
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Anonymous
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OP, keep in mind that many people consider the relatively small federal loans offered to every student to be "aid."
https://studentaid.gov/understand-aid/types/loans/subsidized-unsubsidized |
Anonymous
+1 It doesn’t take much 1 million => 56k EFC |
Anonymous
| Use the Net Price Calculator for each school to see what they would offer. You can usually find it on the school's financial aid website. |
Anonymous
| $250k = EFC of 100 percent. Went to UVA |
Anonymous
1 million outside of retirement accounts isn't much to deem you not needing financial aid?? |
Anonymous
I am confused. You think that $1 mill over and above retirement accounts should still allow you to qualify for aid? |
Anonymous
That was the case for decades. "No loan" is a relatively new development. |