Financial aid resources when your school doesn't offer it

[Anonymous]

We've selected a private school that does not offer financial aid, but will take any aid a student may receive from outside sources. I'm looking for those sources? Any suggestions? We're not low-income, so we would definitely not qualify for anything with those stipulations. Thanks in advance.

[Anonymous]

there are some resources on the right hand side of this link:

http://www.sidwell.edu/admissions/financialaid.asp

[Anonymous]

OP, those Sidwell resources are for low-income families. Sucks!

[Anonymous]

Seems appropriate to me. Where else should financial aid be going, if not to low-income families?

[Anonymous]

You're sending your kid to private school, are not low-income . . . but want financial aid? Huh? What am I missing?

[Anonymous]

Oh, give me a break! You can't tell me that EVERYONE going to Sidwell, GDS, etc are all only low income people receiving financial aid. I'm not looking for a full ride. I'm inquiring about funding available that considers debt to income ratio..

[Anonymous]

I too would like another family to chip in and help me send my child to a really nice school. Surely they would see how beneficial it would be for their child to be in class with mine. Sadly, no volunteers have stepped forward to date. So I decide each year whether it is worth it to me to spend my own money on a nice school.

Truthfully, I would feel really embarassed to ask another parent to pay my child's tuition. It's a pride thing.

[Anonymous]

What the hell??? Somebody who's racked up too much debt and is not low-income wants someone to give them money to send their kid to private school?? Talk about nerve! Maybe there's a fund for entitled yuppies.

[Anonymous]

Anonymous wrote:What the hell??? Somebody who's racked up too much debt and is not low-income wants someone to give them money to send their kid to private school?? Talk about nerve! Maybe there's a fund for entitled yuppies.

I missed the post that references racking up debt. <confused>

[Anonymous]

Anonymous wrote:Oh, give me a break! You can't tell me that EVERYONE going to Sidwell, GDS, etc are all only low income people receiving financial aid. I'm not looking for a full ride. I'm inquiring about funding available that considers debt to income ratio..

I would hope that aid goes to people who truly can't afford it. Not people who bought a bigger house, more expensive car, etc then they really could afford and now have a high debt to income ratio. If private education is important to you, live less expensively and use your savings for the tuition.

[Anonymous]

So, you mean to tell me that everyone who receives financial aid & goes to school like Sidwell, are low income? (Defined by most of these organizations is a family of 4 making $40K) I'm not buying it. I'd like to hear from parents who received some form of aid who have a HHI of more than 40K.

[Anonymous]

OP said she/he wasn't low income, but never said how high the income was. Therefore, I don't understand the backlash for inquiring about financial aid resources. While a HHI of $100K was once deemed a decent salary, alot of people in that range are now struggling financially, & not necessarily because of buying homes & cars that they can't afford. So, I see no harm in the question.

[Anonymous]

I'm sure there are families who make more the 40K who receive aid. But there is a difference between people who live modestly in order to pay tuition but still need some help, and those who live extravagantly and think that they should still receive aid. There was a great article that I can't find in the NY Times earlier this year about private schools in NYC that talked about parents who were all of a sudden asking for aid, because of the economy, but who weren't willing to make any lifestyle changes (ie. we can't possibly not fly first class to Vail for spring break). My point is that the financial aid should go to the family who is living frugally to pay tuition, not the family who isn't willing to fly coach!

[Anonymous]

Anonymous wrote:I'm sure there are families who make more the 40K who receive aid. But there is a difference between people who live modestly in order to pay tuition but still need some help, and those who live extravagantly and think that they should still receive aid. There was a great article that I can't find in the NY Times earlier this year about private schools in NYC that talked about parents who were all of a sudden asking for aid, because of the economy, but who weren't willing to make any lifestyle changes (ie. we can't possibly not fly first class to Vail for spring break). My point is that the financial aid should go to the family who is living frugally to pay tuition, not the family who isn't willing to fly coach!

Nowhere did the OP say she was living an extravagant lifestyle. You're assuming. So, assuming she is a modest living person, where would she look for financial aid? I believe that was the original question. You people are quick to assume the worst. OP, good luck getting a straight answer on this board.

[Anonymous]

I believe it was the OP that mentioned a debt to income ratio, which led some of us to believe they were living beyond their means.