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Reply to "If we have 2 kids in the same private, and apply for aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pretty sure that the school’s calculation assumes that your family can afford to pay a certain amount (let’s say $40K), whether that covers half tuition for two children (with the rest covered by financial aid) or all tuition (with no financial aid) for one child. But you should absolutely discuss special circumstances such as a seriously ill parent with the school! I’m sure that most schools would make a real effort to extend aid in that situation. You should not hesitate to apply for aid for both children. Good luck.[/quote] Maybe if the family already had ties to the school. For an incoming family, aid will be based on whether or joy they want your kids to fill out the class. There isn’t an unlimited pool for them to draw from, so if your kids bring something to the table, maybe they’ll negotiate. If they are standard good kids, there are dozens more happy to take their spot.[/quote] We aren’t an incoming family. I thought that was clear from the word “withdraw”. We are new to financial aid but not to the school.[/quote] You need to talk to your director of financial aid. If they calculated aid on an income that is no longer present (sick parent) then they will likely ask you to revise the fin aid application. If you decide to withdraw one, then yes, aid will be reevaluated. But again, tell them what’s going on. Losing an income and a sick parent is a big change to financial circumstances. [/quote]
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