People with $1.2M+ homes and getting significant financial aid

[Anonymous]

Even though their house is worth 1.2 mil now, they bought it when it was 600-700K.

[Anonymous]

Anonymous wrote:Families who live in big houses and drive big cars but receive financial aid are usually those who own a business and have lost a lot of money, or have been laid off and took time to find a new job.

Or hide their income in their business so they appear to need FA.

[Anonymous]

Anonymous wrote:Even though their house is worth 1.2 mil now, they bought it when it was 600-700K.

So, when they bought their house at 600-700K way back when, that was still a lot of money and they could have bought a more affortable house like some of us did.

[Anonymous]

Anonymous wrote:Families who live in big houses and drive big cars but receive financial aid are usually those who own a business and have lost a lot of money, or have been laid off and took time to find a new job.

They can take a loan off their big house.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

That is infuriating to read, as someone who is full pay (not easily at all).

[Anonymous]

Anonymous wrote:Donors shouldn't give if they don't trust the school. You should trust them. The school doesn't benefit by giving financial aid where there's no value-add to the community.

The added value is giving aid to middle classed families? The school wants its student body to be representative of society at large. The community needs to be more a barbell of rich people and those you seem to need to think are charity cases. In this area, a family earning $200K cannot pay for two children to attend private school. But we need them in the community, so they get adjusted tuition.

So, yes, donate. So that your children have friends all along the socio-economic spectrum and a diversity of backgrounds. Otherwise they're going to graduate with a very skewed perception of the world.

We give, but do get annoyed with families taking three kids to Europe on Spring Break, talking about how tight their beach house is during the summer and then asking for additional aid when one parent is working.

[Anonymous]

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Assertions in an anonymous forum without any proof.

Great.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Assertions in an anonymous forum without any proof.

Great.

That’s basically this entire thread. A group of people who apparently never achieved internet literacy.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

Also curious, how would you know? Do you look up everyone’s address in Zillow? Stake out the pick up line to see if they drive a beat up Honda or Kia vs an Audi or a Tesla? Interrogate parents about how many jobs they have and how much money they make?

I can see maybe stumbling across some info in conversation about a family or two and their FA status, but truly, how do people know who is on FA and what their situations are? I have literally no clue about the FA status of DC’s friends, much less any family outside that friend circle. Nor do I know what most of their parents do. And now that it’s HS - I haven’t even been to most of their houses because the kids are much more able to manage their social lives on their own.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

Also curious, how would you know? Do you look up everyone’s address in Zillow? Stake out the pick up line to see if they drive a beat up Honda or Kia vs an Audi or a Tesla? Interrogate parents about how many jobs they have and how much money they make?

I can see maybe stumbling across some info in conversation about a family or two and their FA status, but truly, how do people know who is on FA and what their situations are? I have literally no clue about the FA status of DC’s friends, much less any family outside that friend circle. Nor do I know what most of their parents do. And now that it’s HS - I haven’t even been to most of their houses because the kids are much more able to manage their social lives on their own.

Lol, Kias are expensive now!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

Also curious, how would you know? Do you look up everyone’s address in Zillow? Stake out the pick up line to see if they drive a beat up Honda or Kia vs an Audi or a Tesla? Interrogate parents about how many jobs they have and how much money they make?

I can see maybe stumbling across some info in conversation about a family or two and their FA status, but truly, how do people know who is on FA and what their situations are? I have literally no clue about the FA status of DC’s friends, much less any family outside that friend circle. Nor do I know what most of their parents do. And now that it’s HS - I haven’t even been to most of their houses because the kids are much more able to manage their social lives on their own.

Lol, Kias are expensive now!

I intended “beat up” to indicate that the Hondas or Kias were old or used but ok. Regardless, they aren’t as expensive as Teslas, but sure, focus on the cost of a new Kia vs my actual point of how do all these posters know who is on FA or even who the single moms with two jobs are.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

I have. apartment. Mom cleans houses. Dad is a day laborer. Neither speak English. This kid is smart. Totally worth it. But the middle class people who could afford it with some belt tightening make me second guess giving.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

I have. apartment. Mom cleans houses. Dad is a day laborer. Neither speak English. This kid is smart. Totally worth it. But the middle class people who could afford it with some belt tightening make me second guess giving.

So it’s one kid. Sounds about right.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know of multiple kids who get 50% off and they live it 1.5M homes and higher in McLean and Bethesda and are receiving significant financial aid for their kid in a top school. Also worthy of note- these are not top athletes, students, etc.

Anyone else seeing this?

Same at my DD school. Financial aid covers things like out of state school trips too. Family lives in 1.5-2.5 mil home, dad drives Tesla, mom does not work. I thought the $ we contribute to scholarships was to cover kids from truly disadvantaged backgrounds. Smart, motivated kids whose single mom works two jobs to make ends meet sort of thing. Not for entitled, advanatged folks who make poor $ choices.

Genuinely curious - have you seen these truly disadvantaged kids at your school? The ones in the inexpensive house with the mom working two jobs?

Also curious, how would you know? Do you look up everyone’s address in Zillow? Stake out the pick up line to see if they drive a beat up Honda or Kia vs an Audi or a Tesla? Interrogate parents about how many jobs they have and how much money they make?

I can see maybe stumbling across some info in conversation about a family or two and their FA status, but truly, how do people know who is on FA and what their situations are? I have literally no clue about the FA status of DC’s friends, much less any family outside that friend circle. Nor do I know what most of their parents do. And now that it’s HS - I haven’t even been to most of their houses because the kids are much more able to manage their social lives on their own.

I actually believe some of the complainers here do this.