Amherst Financial Aid

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[Post New]02/05/2022 12:35
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Anonymous
Household $300k, no debt, no mortgage, standard 401k, home and rental worth 1 million. Supporting elder parents and have another kid in private college on full pay. Any chance of any financial aid at Amherst?
[Post New]02/05/2022 12:57
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Anonymous
Their calculator estimates you could get 12-32K in grant aid.
[Post New]02/05/2022 12:57
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Anonymous
Best to use the Net Price Calculators on their website,

https://www.amherst.edu/offices/financialaid/calculator

My guess is that you will not qualify for FA.
[Post New]02/05/2022 13:12
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Anonymous
Anonymous wrote:Household $300k, no debt, no mortgage, standard 401k, home and rental worth 1 million. Supporting elder parents and have another kid in private college on full pay. Any chance of any financial aid at Amherst?


We had similar stats and got $0 there. She is going to Vanderbilt on a partial merit scholarship.
[Post New]02/05/2022 13:33
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Anonymous
Nope.
[Post New]02/05/2022 13:39
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Anonymous
Nope. They are great for low income/low asset/high liability or uber wealthy but very expensive for upper middle class with no debt.
[Post New]02/05/2022 17:31
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Anonymous
William & Amherst aren't affordable for upper middle income but great for low & middle income. Everything is affordable for wealthy.
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