Should financial aid in private school be stricter?

Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


You only see the high level numbers in the annual report, like how much money went to each category and FA is a category, up there with new building, new playground, updated tech room, etc.

People here want to see inside individual's personal finances to understand if they feel they are worthy of a portion of the aid the school allocates. Here's the thing - if you are on the receiving end just be grateful. If you are on the giving end and don't agree with the practices, just click the boxes you want to donate to and leave that one unchecked. Personally, I let the school decide. And, yes, I read the finance report every year for all the schools. I still donate to the schools my kids graduated from.

For the takers (or wannabe takers) - if you're not in the community, don't complain about the community. If you're in the community voice your opinion, either literally or with your wallet/feet.
Anonymous
Ask co-pilot "in Sidwell's annual report how much money is allocated to financial aid"

The response is that $9.27M with and average grant of $36k/family. So, Sidwell's info is public. They also state that 25% of the student body receives support.

When we were there this seemed about the same. We didn't recieve aid but knew some families that did. I think this info is actually widely available, if you ask or do the most basic Google search. If you want to know each families financial situations, I think you will not learn that because it's private info for only the committee that decides.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.


Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.
why should a family with more kids be rewarded over a family who decides to have kids can afford?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.


They don’t bring diversity. Be real.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.


Maybe for someone with a simple understanding of economics and household budgets.

It’s been explained numerous times why some families with that HHI may not be able to pay full rate. Here’s a hint, family size, medical expenses, student debt, mortgage, and other expenses. It’s not to say that these families will never be able to pay full tuition. They just can’t at this time. Part of FA is also to foster a loyal alumni base that will contribute in the future. These recipients are future donors.


That’s make total sense. That’s why schools should definitely exclude all low income families. Thanks for the lesson in economics.


I’d rather the limited funds help 5 middle class families with partial FA than 1 low income with full FA. It sucks but life is unfair.


That makes sense because there are no middle income class families that pay full tuition. Poor middle class families. So much suffering.


It's not about their suffering or not. To me, as a donor, it's about a well rounded community for MY kid, not your specific situation. I dont want my rich kids to be surrounded only by the rich or the poor. I actually would rather them be surrounded by middle class people. So by providing multiple middle class families this opportunity rather than very select few low income kids, the community is more rounded. I do not want my kids in a situation like I grew up in where there were rich kids and poor kids. Guess who ran the school? If the school has many MC kids the dynamics are much much better. I will donate to that. If you don't like that I support that cause for my own children, I don't care at all.


No, it’s not more well rounded.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.


That is absolutely false. You can allocate at every school we've donated to. Clearly you have no experience with this.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.


Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.
why should a family with more kids be rewarded over a family who decides to have kids can afford?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.


They don’t bring diversity. Be real.


For you, they don't count as diversity. The only real thing is that your opinion doesn't matter to the decision makers or power holders.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.


Maybe for someone with a simple understanding of economics and household budgets.

It’s been explained numerous times why some families with that HHI may not be able to pay full rate. Here’s a hint, family size, medical expenses, student debt, mortgage, and other expenses. It’s not to say that these families will never be able to pay full tuition. They just can’t at this time. Part of FA is also to foster a loyal alumni base that will contribute in the future. These recipients are future donors.


That’s make total sense. That’s why schools should definitely exclude all low income families. Thanks for the lesson in economics.


I’d rather the limited funds help 5 middle class families with partial FA than 1 low income with full FA. It sucks but life is unfair.


That makes sense because there are no middle income class families that pay full tuition. Poor middle class families. So much suffering.


It's not about their suffering or not. To me, as a donor, it's about a well rounded community for MY kid, not your specific situation. I dont want my rich kids to be surrounded only by the rich or the poor. I actually would rather them be surrounded by middle class people. So by providing multiple middle class families this opportunity rather than very select few low income kids, the community is more rounded. I do not want my kids in a situation like I grew up in where there were rich kids and poor kids. Guess who ran the school? If the school has many MC kids the dynamics are much much better. I will donate to that. If you don't like that I support that cause for my own children, I don't care at all.


No, it’s not more well rounded.


You're right having a school with 95% extremely wealthy kids and 5% low income kids is so much better than 60% MC and 40% UMC/UC. Or, you can just send your kid to a MC suburban school that has 60% MC kids and 40% UMC/UC kids (or whatever your alternative is) and not worry about what other people do with their money. The second option is better for you, we don't want you in the community, as evidenced by your rejection letter.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.


That is absolutely false. You can allocate at every school we've donated to. Clearly you have no experience with this.



Really? Can I say, please give my 1000 dollar donation to the Asian single mother than earns less than 150k. Obviously that does happen. Firs there is fundraising, and the school give away the money to well off families for random reasons.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


Families earning 250k or more get financial aid and …… families earning 250k or more pay full tuition…… makes total sense.


Depends on the full financial picture. Hats why a rube like you isn't making decisions and has no power.

250k with 1 kid and zero mortgage
250k with 3 kids and a mortgage
250k with 2 kids a trust fund no mortgage

All different pictures to me.
why should a family with more kids be rewarded over a family who decides to have kids can afford?


Diversity. Large families bring more diversity in family structure. Or do you want to redefine diversity to suit your narrow situation?

Schools have a definition that suits them, maybe it doesn't suit you. I don't care how you define it. The way the school defines it suits me.


They don’t bring diversity. Be real.


For you, they don't count as diversity. The only real thing is that your opinion doesn't matter to the decision makers or power holders.


And yours matter a lot….
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.


That is absolutely false. You can allocate at every school we've donated to. Clearly you have no experience with this.



Really? Can I say, please give my 1000 dollar donation to the Asian single mother than earns less than 150k. Obviously that does happen. Firs there is fundraising, and the school give away the money to well off families for random reasons.


You can absolutely do this. It would be a pain in the @ss for your school to administer this if it were a $1000 donation. Make it a $10K and watch your school rush to make it happen.

I don’t know what school you’re referring to that’s giving FA for random reasons. Our school uses an independent company to gather, validate, and assess the FA applications based on criteria the school established. Each application is assigned a grade. The clear No’s are removed and the committee review the Maybes and make their decision.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.


That is absolutely false. You can allocate at every school we've donated to. Clearly you have no experience with this.



Really? Can I say, please give my 1000 dollar donation to the Asian single mother than earns less than 150k. Obviously that does happen. Firs there is fundraising, and the school give away the money to well off families for random reasons.


You can absolutely do this. It would be a pain in the @ss for your school to administer this if it were a $1000 donation. Make it a $10K and watch your school rush to make it happen.

I don’t know what school you’re referring to that’s giving FA for random reasons. Our school uses an independent company to gather, validate, and assess the FA applications based on criteria the school established. Each application is assigned a grade. The clear No’s are removed and the committee review the Maybes and make their decision.



What your are saying for practical purposes does not work. I understand if you donate 10 million dollars. But for humble parents like I that can only donate 5k, that doesn’t work. Ok. Forget about it. Middle class families with financial aid can still go to Europe.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Socialism for the rich, golden parachutes, tax payer bailouts, tax cuts for the rich, tariffs on groceries...thank a rich person today, for our wonderful corruption proof system


Woe is me. The world so so unfair and everyone conspires to keep me down. Why can’t the someone else pays for everything I need. Why do I have to work so hard?!?!


Then just eliminate financial aid. I think it would be better. No give away to upper middle class families.


Since I can’t have it, nobody can.


It’s was sarchasm for the oligarch parent that was trolling another parent. But no. It’s very simple. Don’t give money to people that can pay for school. Very simple.


What are your criteria for who can pay? HHI, AGI, home equity, number of dependents, number of children enrolled, retirement balance, assets, or debt to income ratios? How do you know what these are for the ‘upper middle class’ families that you think are unfairly receiving aids?


This is why schools have a committee or office to determine who gets aid. No matter what they do or where they draw the line, people will complain. I'm more comfortable giving it to MC teachers to keep them longer. Some of them have been the best teachers we've had. One of our favorite teachers used this perk for her grandchildren and I thought it was a great way to reward ther tenure at the school. She was so helpful to my youngest, I think she changed my DD's life.


That’s fine for you, but would it be fine for the rest of the donors. Maybe or maybe not, because there is not full disclosure. This is not the school money, is the parents money by the way.


💯 absolutely!! It's the parent's money and they can designate how it's spent. At our school they can tick a box or fill in the blank. They can also write "I don't want teachers or MC people to receive any financial aid with this money", or, "I want all this money to upgrade the dining facilities", or, "I want this money to be spent to market in lower income communities", or, I want this money to be spent only on the girls basketball team". See how that works?

Maybe the donors should just donate to the facilities and their kids' sports - no financial aid at all. How would you find that? After all, they still get the same tax break.


That’s a good approach. In most schools financial aid is as opaque as the dark side of the moon.


Which school is that? I have 4 kids and we've been members of 4 communities through the years. I can allocate my donations at all those schools. I didn't realize there are schools that don't have that option for the donors. Which are these? I know most of the schools discussed on this forum have that as an option. You can also request to know the allocation of money. Also the report published every year. Some schools publish their annual report to the public, some don't.


For financial aid in us schools you donate to a fund and you CANNOT request that financial aid is allocate for low income families. This is decided arbitrarily by the school.


That is absolutely false. You can allocate at every school we've donated to. Clearly you have no experience with this.


You can’t request what kind of people receive the FA unless you donate to a scholarship or something specifies that - like a fund specifically for financial aid for the children of faculty and staff. Many schools (Landon, Sidwell, etc) have moved to a catch all fund that includes financial aid - from a traditional annual fund which was to cover the difference between tuition dollars collected and the actual cost of educating each student. The Landon Fund can basically use your money for whatever they want - now including financial aid which I assume both benefits them bc people don’t know what they don’t know, and hinders them if a donor doesn’t want to donate to FA. So then they don’t donate to the Landon Fund because it includes FA now.
Forum Index » Private & Independent Schools
Go to: