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College and University Discussion
Reply to "any surprises in terms of financial aid for upper middle class kids?"
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[quote=Anonymous][quote=Anonymous]Thanks for the information! [b]If we have other sources for loans, is there any reason to fill out the FAFSA? [/b] It seems like everyone does, but I'm not sure why -- maybe for the loans, but the student loans don't seem so favorable. Seems like a home equity loan would be better, if the parents are planning on paying for it rather than the student. [/quote] OP, our HHI is similar to yours and we didn't bother to fill it out. We know from having done the calculations that it thinks we can pay $63K/year. We will consider it for the year that we have two in college. Even then, I'm guessing we would qualify for loans, nothing else.[/quote]
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