At what HH income level will private schools give aid?
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Anonymous
| Our admissions and finnacial aid office told us the ABSOLUTE CUTOFF is HHI of $400,000/year! |
Anonymous
If that's true at my school, then part of our tuition money probably went to subsidize the top 1%. |
Anonymous
| 140K HHI here -- we have two kids enrolled and the discount is only $10K. Does that make a difference to you? |
Anonymous
| Where is your pride six figure people? I would never hand off my personal financial information to a bunch of low paid, gossipy, busybodies. How gross and invasive. But your greed is more important than your pride. If you are making 125k and above then you are a disgrace for asking for a handout. At least people on welfare are asking for food. |
Anonymous
| Oh, and the eldest child gets straight As and has off-the-charts test scores, which makes the school look good. He also has special needs that made him non-functional in a large public school class. He's doing great now and I don't for a second feel sorry about accepting aid that makes it possible for him to thrive. |
Anonymous
| The problem is that there may be more like you making six figures and getting aid. I am at the point where I am not going to donate anymore..I am tired of this. I would be more open to FA for families making under 60 and I am not interested in hearing about families who get aid because they have two and more kids. 140 is 140..I shouldn't have to subsidize people..maybe I wanted more kids and didn't because I wanted to pay for private school. |
Anonymous
These familes are more likely spending their hours in public service day in and day out. In addition, these families and their children are more likely to be thankful and to be contributors in the future. You may refuse to contribute but the annual fund finds your H will still write the check. Meanwhile you go away angry because you (I mean your child) only got into one of "bottom" Ivy's. Go back to your $24 salad. |
Anonymous
| But with two kids enrolled and only a $10K discount, I'm actually paying more than you. And since there's no way it takes every penny of tuition to educate these kids, even on financial aid, I'm probably subsidizing someone else to some degree -- someone who is getting a much larger discount. I don't worry about it. I'm grateful to be able to send my kids to their school, and I trust the administration to make the right call as to who is deserving of admission and financial aid. They have the whole picture. I do not. |
Anonymous
HHI below 90K with both parents working FT , provided DC is really bring something to the table. unlikely to divine that at age 4, so usually the school will pass on the kid. As in 99% of the time . |
Anonymous
No child with an IQ below 120 should be accepted at a school where you have be apply to get in ( assuming competitive) Dumb kids with rich parents should not have their IQ score "graded on a curve" . |
Anonymous
| I know a family with two college prof parents (private fancy) and they get aid. |
Anonymous
|
A colleague at work told me today he has learned that most of these 30k plus schools give a lot of small financial aid to people with relatively high incomes (like 200k or so) in the same way that universities set the tuition payment so high. And there's the sticker price and the price you actually pay.
It's a way to shape diversity and also fill financial gaps with the full payers. I was surprised to hear it and based on the few substantive posts above sounds like it may be true. Any thoughts? |
Anonymous
| Wow, what is the HHI of those on here complaining about giving FA to families making $140,000? I just don't get the vitriol. |
Anonymous
| Didn't you read? The vitriol is from being bitter over having only one kid in order to afford paying full whack at private, not realizing she could have had more and gotten a quantity discount.... |
Anonymous
25+25= 50 50-10=40 She pays 40k. You pay 25K. And you're mad? |