How much do you make and how much FA do you receive?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are a family of four and make about $200,000 but we also support my aging mother. Any chance of any FA?

As others have commented, it depends on your total financial picture. We are a family of 4 with HHI of 220k and we are in our second year of receiving $10K in aid. Both of us have student loans in addition to helping my mother out each month with her rent.

In other words, school parents paying full freight are subsidizing your mother. Fascinating.

Positions like yours have little logic behind them. Parents who are paying full freight aren't even covering the cost of their children's education, much less the cost of others. Tuition covers only about 80% of a child's education at many independents.

[Anonymous]

We didn't apply for aid knowing it was hopeless. We have net worth (on paper) and HHI around $120,000. Clearly we get family help...

Average award at our fairly well endowed school is $25,000 if that helps.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are a family of four and make about $200,000 but we also support my aging mother. Any chance of any FA?

As others have commented, it depends on your total financial picture. We are a family of 4 with HHI of 220k and we are in our second year of receiving $10K in aid. Both of us have student loans in addition to helping my mother out each month with her rent.

In other words, school parents paying full freight are subsidizing your mother. Fascinating.

FYI: The financial aid application asks if families are supporting elderly parents. Its up to the school to give us aid based on our financial situation, not you and if you feel the school is not a good steward of your money, then send your kid elsewhere and be sure to ask at the open house how they distribute aid so that you are comfortable that no one is getting subsidized, but I suspect you won't have the balls to make such comments in public. I don't view it as subsidizing my mother at all, we presented our financial picture, they determined we can pay $50k out of pocket and we do.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are a family of four and make about $200,000 but we also support my aging mother. Any chance of any FA?

As others have commented, it depends on your total financial picture. We are a family of 4 with HHI of 220k and we are in our second year of receiving $10K in aid. Both of us have student loans in addition to helping my mother out each month with her rent.

In other words, school parents paying full freight are subsidizing your mother. Fascinating.

FYI: The financial aid application asks if families are supporting elderly parents. Its up to the school to give us aid based on our financial situation, not you and if you feel the school is not a good steward of your money, then send your kid elsewhere and be sure to ask at the open house how they distribute aid so that you are comfortable that no one is getting subsidized, but I suspect you won't have the balls to make such comments in public. I don't view it as subsidizing my mother at all, we presented our financial picture, they determined we can pay $50k out of pocket and we do.

OK. You don't see it that way. I do see it that way. Facts speak for themselves, like it or not.

[Anonymous]

Anonymous wrote:We didn't apply for aid knowing it was hopeless. We have net worth (on paper) and HHI around $120,000. Clearly we get family help...

Average award at our fairly well endowed school is $25,000 if that helps.

We applied knowing it was hopeless but figured, why not. Yep, it was hopeless.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:We are a family of four and make about $200,000 but we also support my aging mother. Any chance of any FA?

As others have commented, it depends on your total financial picture. We are a family of 4 with HHI of 220k and we are in our second year of receiving $10K in aid. Both of us have student loans in addition to helping my mother out each month with her rent.

In other words, school parents paying full freight are subsidizing your mother. Fascinating.

FYI: The financial aid application asks if families are supporting elderly parents. Its up to the school to give us aid based on our financial situation, not you and if you feel the school is not a good steward of your money, then send your kid elsewhere and be sure to ask at the open house how they distribute aid so that you are comfortable that no one is getting subsidized, but I suspect you won't have the balls to make such comments in public. I don't view it as subsidizing my mother at all, we presented our financial picture, they determined we can pay $50k out of pocket and we do.

OK. You don't see it that way. I do see it that way. Facts speak for themselves, like it or not.

I agree with you (new poster here). Having loans and having an elderly parent to support may mean you can't afford private. I agree that it's up to the school to decide, but I would not want to pay full freight because others are supporting parents or didn't aggressively pay down loans (as others may have to get to their current ability to pay full). Private is a luxury, plain and simple. Not everyone can afford luxuries (and we don't go private, by choice, but that's another conversation).

[Anonymous]

Well it's a good thing none of you sit of the financial aid board of any school. There are a lot of loud mouths on here in opposition of FA but not one of you have the guts to stand up and say it loud. In fact, you pretend to believe in equal access for all regardless of ability to pay otherwise chances are you wouldn't have even been admitted into the school. Take your high misplaced morals elsewhere.

[Anonymous]

Anonymous wrote:Well it's a good thing none of you sit of the financial aid board of any school. There are a lot of loud mouths on here in opposition of FA but not one of you have the guts to stand up and say it loud. In fact, you pretend to believe in equal access for all regardless of ability to pay otherwise chances are you wouldn't have even been admitted into the school. Take your high misplaced morals elsewhere.

I don't think anyone's posted in opposition of FA as a general rule. I certainly haven't.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Folks, it's not nearly as hard as you think it is to get FA.

Get up off the couch and apply.

It is hard if you need too much.

Only those with a net worth of upwards of 10 - 15 million pay full tuition.

That is such bullshit.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Folks, it's not nearly as hard as you think it is to get FA.

Get up off the couch and apply.

It is hard if you need too much.

Only those with a net worth of upwards of 10 - 15 million pay full tuition.

That is such bullshit.

We have an HHI of $350K (two full-time workers), and most of our assets are tied up in 401(k)s and 529s. So we don't have much that's liquid (less than $100,000. Yet we pay $78,000 per year in tuition for our kids to attend a private middle school. That's a lot to spend on tuition at our income.

So please do not think it's only the ultra rich who pay full freight. Please keep that in mind

[Anonymous]

Exactly pp. We have one kid with $150k combined income. Pay full freight.

I think a lot of people cheat to get FA

[Anonymous]

Anonymous wrote:Well it's a good thing none of you sit of the financial aid board of any school. There are a lot of loud mouths on here in opposition of FA but not one of you have the guts to stand up and say it loud. In fact, you pretend to believe in equal access for all regardless of ability to pay otherwise chances are you wouldn't have even been admitted into the school. Take your high misplaced morals elsewhere.

Please tell me you are not a heavily subsidized private school parent.

What a (most likely) waste of FA.

[Anonymous]

Anonymous wrote:Exactly pp. We have one kid with $150k combined income. Pay full freight.

I think a lot of people cheat to get FA

No they don't. They just don't have your assets.

[Anonymous]

Anonymous wrote:Well it's a good thing none of you sit of the financial aid board of any school. There are a lot of loud mouths on here in opposition of FA but not one of you have the guts to stand up and say it loud. In fact, you pretend to believe in equal access for all regardless of ability to pay otherwise chances are you wouldn't have even been admitted into the school. Take your high misplaced morals elsewhere.

+1 Million

[Anonymous]

Anonymous wrote:

Anonymous wrote:Well it's a good thing none of you sit of the financial aid board of any school. There are a lot of loud mouths on here in opposition of FA but not one of you have the guts to stand up and say it loud. In fact, you pretend to believe in equal access for all regardless of ability to pay otherwise chances are you wouldn't have even been admitted into the school. Take your high misplaced morals elsewhere.

Please tell me you are not a heavily subsidized private school parent.

What a (most likely) waste of FA.

I sure am! How you like them apples? And my kid is a straight A student who they love and even offered us more FA this year than last! So then only waste around here is YOU!