Anyone making a 6-figure salary (combined or not) receiving financial aid?

[Anonymous]

I'm in the process of applying to alot of private schools, & am embarrassed about putting in a request for financial aid. Our household combined is a little of $200k, but with today's economy, the price tag on the private schools, plus our combined debt, we really could use the financial aid. We can still make the payments without it, but will definitely be a struggle.

Is anyone else in this situation? I'm just curious if anyone has actually been offered financial aid w/a reported income over 6 figures.

[Anonymous]

there was a long thread about this sometime last week...

[Anonymous]

I think that with an income of $200,000, you won't get financial aid. Its not the school's problem that you have so much debt that you can't afford to pay tuition easily. Its probably even more of a struggle to pay private school tution for those making only $100,000, who probably didn't rack up as much debt as you.

[Anonymous]

You OUGHT to be embarassed. Making 200K and asking for aid? Can't have it all. If you want to take on debt, then you can't have private school. The nerve. Especially since there are truly needy people (including teachers and cops) who really could use the aid.

[Anonymous]

What if you have four kids in private school? Do they take that into consideration?

[Anonymous]

Most Catholic schools offer discounted tuition for additional children in the same school. But come on -- you make $200k -- you aren't going to get financial aid.

[Anonymous]

Anonymous wrote:Most Catholic schools offer discounted tuition for additional children in the same school. But come on -- you make $200k -- you aren't going to get financial aid.

If you have multiple kids, even at 200K, you would probably get aid. A 200K salary can't handle 90K in tuition costs.

[Anonymous]

Deciding to have four children is the same as deciding to take on large college loans or a large mortgage ... nothing against children as I think they are lovely, but when you have four of them, you are making a financial decision as well as choosing to bring more love into your family. Please don't expect others to pick up the cost.

[Anonymous]

I echo the sentiments of the PP. I am one of 4 and my parents put us through Catholic elementary and high schools and they never got a break other than having the reduced tuition rates for multiple kids in the same school (ie: when 3 of us were in elementary school, let's say using today's tuition rates that instead of paying $6k per kid or $18k for three kids, they paid something like $15k). The break isn't as big as you would think. Having said that, I know a family with 6 kids that I went to school with and their daughters worked in the cafeteria at HC high school in exchange for a deeper tuition discount.

With the logic of, "but it's expensive sending 4 kids to private school even with a $200k salary..." then it would make sense that families with 2 kids and a salary of $100k should get a break too -- and then everyone would get a break. It just doesn't work that way. And if you are struggling now with elementary school tuition, just wait until you get HS tuition bills -- which are typically two to three times more than elem school.

[Anonymous]

Anonymous wrote:..., but when you have four of them, you are making a financial decision ....
Please don't expect others to pick up the cost.

Isn't every child worth the same? Should education be something that depends on parents income level?

[Anonymous]

Our income is high and we asked for aid. We thought that the tuition was just too high, so we asked for $2000 off.

[Anonymous]

Sure, what's the harm in applying for aid? The school(s) can simply decline your request if your income/wealth is too high.

[Anonymous]

Anonymous wrote:I echo the sentiments of the PP. I am one of 4 and my parents put us through Catholic elementary and high schools and they never got a break other than having the reduced tuition rates for multiple kids in the same school (ie: when 3 of us were in elementary school, let's say using today's tuition rates that instead of paying $6k per kid or $18k for three kids, they paid something like $15k). The break isn't as big as you would think. Having said that, I know a family with 6 kids that I went to school with and their daughters worked in the cafeteria at HC high school in exchange for a deeper tuition discount.

With the logic of, "but it's expensive sending 4 kids to private school even with a $200k salary..." then it would make sense that families with 2 kids and a salary of $100k should get a break too -- and then everyone would get a break. It just doesn't work that way. And if you are struggling now with elementary school tuition, just wait until you get HS tuition bills -- which are typically two to three times more than elem school.

That's financial aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I echo the sentiments of the PP. I am one of 4 and my parents put us through Catholic elementary and high schools and they never got a break other than having the reduced tuition rates for multiple kids in the same school (ie: when 3 of us were in elementary school, let's say using today's tuition rates that instead of paying $6k per kid or $18k for three kids, they paid something like $15k). The break isn't as big as you would think. Having said that, I know a family with 6 kids that I went to school with and their daughters worked in the cafeteria at HC high school in exchange for a deeper tuition discount.

With the logic of, "but it's expensive sending 4 kids to private school even with a $200k salary..." then it would make sense that families with 2 kids and a salary of $100k should get a break too -- and then everyone would get a break. It just doesn't work that way. And if you are struggling now with elementary school tuition, just wait until you get HS tuition bills -- which are typically two to three times more than elem school.

That's financial aid.

Heh. You are right. (That's like Joe the Plumber saying that he and his family never accepted a handout -- but then it turned out they got welfare several times when he was growing up.) A handout is a handout, it doesn't matter if they call it "discount" or "reduced tuition rate" or "financial aid".

[Anonymous]

Anonymous wrote:You OUGHT to be embarassed. Making 200K and asking for aid? Can't have it all. If you want to take on debt, then you can't have private school. The nerve. Especially since there are truly needy people (including teachers and cops) who really could use the aid.

I always find replies like this that go beyond the lines making their point, who are you who say what is wrong or not? agreieng or not, or commenting on what the OP says is one thing but your overreacting comments is another.
Said that, I think $200 K a year is not much, so go ahead and ask for Finanial aid. Let the school decide. If there are people making less money than you and applying to private schools great if they get but why you shouldn't? let the school decide.