Private School Possible with Household Income <$80K

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a PP who posted about paying $40k on a HHI of $250k. It is a choice we make, for sure, and it is worth it to us. But we sacrifice a lot to budget for it and it's hard - so much so, in fact, that when I posted my stats on a thread in the money forum, I was called a liar because people thought it was "impossible" to pay that much on our income without family money. Well, we are full pay and making it work.

But when I hear people suggesting, or even attesting to their own situation, that families with a stay at home parent by choice (not necessity) are then getting substantial financial aid for no other reason that that they just want to have a parent home and/or don't think they could earn enough to be bothered to work...well that makes me much less inclined to donate to the annual fund.

I guess in my mind, I was picturing FA going to families where both parents were working at least one or perhaps even two jobs to make ends meet, and would otherwise never be able to give their child this opportunity. I actually don't think of a family with the luxury of a stay at home parent to be less fortunate than my family - I think in many ways they are more fortunate not to have two busy parents rushing around working all the time. So that is what seems unfair to me.

Are you saving for retirement and college? On your income, it seems like one or the other and you will be expected to be full pay or nearly so by every college.

PP here. Yes, both of us have been working straight for 20+ years, so we each have nearly $1 million in retirement by now, plus one government pension. Fully expect to pay for college and we're saving for 4 years of in-state, though may have to cash flow part of that tuition, which we figure will probably be about the same as what we are paying for private.

But see, this very question indicates how some people are skeptical that it can be done, or even suggesting I'm shortchanging my child's college by sacrificing so much now for private. While on the other hand, by the rationale of OP and others, if I had just quit and stayed home, I should get financial aid for my child to go to private school for free? That doesn't make any sense. Where is the logic?

You don't seem to understand that you are a high earner. You are earning more than OP alone is talking about. You very much could have made it on one income but you choose not to. You really think OP going back to work earning $30-40K will be equal to your salary or really make a difference in terms of aid.

Its ok if you don't want low earning families at the school. After all it would be so embarrassing if your kids and the housekeepers kids went to the same school.

I think its kinda sad after all those years of private, your kids will end up at the same state school as the public school kids when you have the money to do more.

I make $160k as a fed, spouse in non-profit makes $90, so take out my income and it is very much in the same range as what OP talking about.

I started 20+ years ago as a GS-7 making in the $30's. Now I'm a 15. If I had quit 20 years ago and decided not to work, we would be in OP's boat today, except I would not be expecting massive financial aid for a luxury good.

I am not at all sad that my kids may go to state school (or may not, who knows? I just said that's my savings target). I went to public and had friends who came from both public and private. Both are fine. It's really about the individual kid and their journey, and what is right for them at a particular time.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What is the likelihood of receiving financial aid (and enough of it) at DC private high schools to make attending possible?

We are a 2-parent, 1-income family with an elementary age child at home. I know some schools impute a salary for the non-working parent (though I never in my life made as much as some of the annual tuition costs).

Anyone have a story / financial aid award amount to share? Thank you!

Two parent, one income home. I would say the likelihood is very, very high. My kids went to D.C. and Bethesda area private schools. My income was lower than yours. The schools were extremely generous with their support.
This allowed allowed all the kids to graduate from schools that I would never have been able to afford. The support was provided K-12 for each child. The final one graduated HS last year. Don't hesitate to apply, and good luck!

So families that for no good reason choose to not work get FA? How is this right or fair? Why should we (working) parents donate?

Take it up with the schools. We all subsidize in some shape or form. One income parent families get pell grants and that money is subsidized by all Americans. One income families get food stamps and subsidized housing too, do you have issue with that? I’m assuming all these anti FA posters are hardcore GOPers.

You’re assuming wrong.

And we’re not “anti-FA.” We’re anti the limited FA being given to a family where one parent CHOOSES not to work and contribute to her child’s education and expects free money given by those who DO work.

And not to mention that the examples given of one-income families getting food stamps or subsidized housing are primarily households headed by single parents. These programs were never designed for a working parent with a SAHM spouse either.

[Anonymous]

I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

[Anonymous]

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

$80K for 4 people doesn't cut it in the DMV. Why not work?

[Anonymous]

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

[Anonymous]

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

You don't get government assistance making $80K a year. This is a fake post except if you are lying about your income or not married and playing the system.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

I don't think they've ever said anything about imputed income or calculating ours at 130k-140k (not sure where you're getting that number, my salary was $40k/year before I left my job), but it could be buried in the TADS fine print somewhere.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

You know it's pretty shitty of you to abuse Medicaid in this way. It's not meant for be used as a tool for those capable of working to SAH. But you clearly know this and yes, there's a loophole in the system that allows it. I work in Medicaid and I'd say that 98% of our members with kids are single parents or dual income families making less than $80k. But way to go--putting your kids on the public dole so you don't have to work. Good job mom.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

You know it's pretty shitty of you to abuse Medicaid in this way. It's not meant for be used as a tool for those capable of working to SAH. But you clearly know this and yes, there's a loophole in the system that allows it. I work in Medicaid and I'd say that 98% of our members with kids are single parents or dual income families making less than $80k. But way to go--putting your kids on the public dole so you don't have to work. Good job mom.

+1. Good job on taking from the ones that really need it. I hope your kids won’t inherit your morals and principles

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

You don't get medicaid on that income. Nor, would you also get WIC. WIC and medicaid are different programs. There are low income health insurance programs but they are not free or medicaid.

Look up the medicaid requirements and the WIC.

And, the home buyer programs often are expensive homes where someone making $80K cannot afford it.

This is 100% fake.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

You know it's pretty shitty of you to abuse Medicaid in this way. It's not meant for be used as a tool for those capable of working to SAH. But you clearly know this and yes, there's a loophole in the system that allows it. I work in Medicaid and I'd say that 98% of our members with kids are single parents or dual income families making less than $80k. But way to go--putting your kids on the public dole so you don't have to work. Good job mom.

I spent many years working in these programs. The only way they are getting medicaid is if they aren't married and they are lying about living together/Dad (as if they apply they automatically file for child support). There is no way you get medicaid on $80K a year.

In Virginia, the max for a family of 8 is under $60K.

https://www.benefits.gov/benefit/1643

The same for Maryland:

https://www.benefits.gov/benefit/1278

This is made up to get a reaction.

And, here is the WIC:

It maxes out at $45K for a family of 8.

https://fns-prod.azureedge.net/sites/default/files/resource-files/WIC-Policy-Memo-2021-5-IEG.pdf#page=3


They might get MEAP - utility assistance as it maxes out at $78 for a family of 8. (But a family of 4 maxes out at $46K)

https://www.benefits.gov/benefit/1559

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I'm a SAHM with a husband making $80k a year and two kids. I left my job when we had our first child and he made $65k. It's fairly common outside DCUM/private school rich bubbles.

We've been lucky with private school financial aid and government assistance. I say it's worth applying!

As long as the financial aid calculation is based on your income being 130-140k, I’m fine with it. I would not be fine with it based on a 80k income only.

It doesn't matter what you'd be fine with as its the schools decision, not yours. But, there is no way they are getting government assistance making $80K aa year.

You're not getting TANF or SNAP on $80K/year with 2 kids, even in DC with it's very high income limits. Try again with your attempt to be inflammatory.

No TANF or SNAP, but Medicaid with a premium for the kids and once they qualify for that they also qualify for WIC. Down payment assistance and other home buying loan programs that offer manageable interest rates also help. $80k is plenty manageable in this area for a family of 4 once you're aware of these programs. I encourage anyone who wants to have one parent stay home look into their options and apply for financial aid at private schools.

You know it's pretty shitty of you to abuse Medicaid in this way. It's not meant for be used as a tool for those capable of working to SAH. But you clearly know this and yes, there's a loophole in the system that allows it. I work in Medicaid and I'd say that 98% of our members with kids are single parents or dual income families making less than $80k. But way to go--putting your kids on the public dole so you don't have to work. Good job mom.

I spent many years working in these programs. The only way they are getting medicaid is if they aren't married and they are lying about living together/Dad (as if they apply they automatically file for child support). There is no way you get medicaid on $80K a year.

In Virginia, the max for a family of 8 is under $60K.

https://www.benefits.gov/benefit/1643

The same for Maryland:

https://www.benefits.gov/benefit/1278

This is made up to get a reaction.

And, here is the WIC:

It maxes out at $45K for a family of 8.

https://fns-prod.azureedge.net/sites/default/files/resource-files/WIC-Policy-Memo-2021-5-IEG.pdf#page=3


They might get MEAP - utility assistance as it maxes out at $78 for a family of 8. (But a family of 4 maxes out at $46K)

https://www.benefits.gov/benefit/1559

*The only thing they might qualify for is a yearly eviction grant if they didn't pay their rent and got a court order eviction notice as that isn't income based.