OP here. This is us. HHI 300k According to DCUM we won't get aid but we're about the least wealthy people I know at the schools and clearly they think so too because they gave us more aid than we ever thought to ask for. It's a little sobering. I didn't think we were that "poor" relative to our parent peers. I mean, I know we're in the lower brackets but huh-guess we are at charity level. Kids are academic high performers, athletes and very well liked. |
Why is it sobering? Because you think you are the poor people at your school or because your school, despite the rhetoric, doesn’t admit any students who are actually poor? |
This is amazing. We just passed 200k this year and 2-3 years ago our school said we could afford 50k, which was ridiculous at our previous HHI. We live in a much smaller place than most and only had 1 kid so that we could afford as much as we could. Just goes to show they reward irresponsibility. |
Amen! |
Do any of you mind mentioning schools that are generous with financial aid? And experiences with schools that are not so generous? |
"Need aware" schools or "full need met" schools will generally give better packages but acceptance is less likely. K-12, big endowment, consistently in the black on 990s. K-8 with stronger bottom line. Schools that go over 50% and your DC meets a school need or priority. |
+1 |
I've never come across a school that says they are "need aware" or "full need met." How do you know which schools are like that? |
What is your HHI? |
It depends tremendously on the school and also in how much they want the kid. schools have very deep pockets for a kid they want. This is especially true for high schoolers because they (the school) are just signing up for a 4 year financial loss on a kid and not 12 years on a kid who may or may not even turn out to have value for the school. A surprising number of people >300k and even higher get aid for 9th grade admits because the kids are bringing something to the table that the school wants. |
| Also the schools don't function under some code where financial aid recipients are only allowed to have one kid. They want talented kids. Period. If you have 8 superstar athlete/scholars, they are happy to pay to have all 8 on campus. |
You attend the FA info sessions and listen carefully. |
| Pretty disappointed by our offers. Have to decline and go public. |
| Which schools give aid. Our combined income in 150. Already have DS in private high school. DD is straight A top of class sprays sport very active in school clubs and we very disappointed in the aid given to DD. We are exploring options of trying to find a school that will give us more aid. Public school not an option we don't live in a good public school area. |
Does DS get aid? What grade is DD in? At $150 HHI I would expect you to get 50% at many places |