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Reply to "Financial Aid UMC with multiple kids"
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[quote=Anonymous][quote=Anonymous]Consider moving out of DC to a place with good public schools, in-state tuition, etc. Your future, estimated tuition number looks low. Currently, even the most affordable Catholic HSs close to the city run 22-24k/year/child. You don't mention college at all, but hopefully that's in your financial planning too. Plenty of families choose not to have more kids because of the financial implications. The families I know with four or more in the city are either seriously rich so can easily afford private, or make public work. [/quote] Not worried about college as kids are dual citizens, so tuition in the other country is on par with what we’re currently paying and we feel that is manageable. We’ve also done the math as far as moving (which would dramatically increase commute times), and to buy a similar house for what we bought our ten years ago (which wouldn’t be possible these days at the same price), puts us at additional interest on monthly payments equivalent to the four kids in the current school. We have looked into it, but we aren’t sold on moving as we love our neighborhood. We can’t get rid of a kid, so 4 kids is where we’re at currently! We’re just curious if these middle/high schools that are almost double the tuition we will be at for 4 currently end up giving some aid to middle class/UMC families like us or if it’s just full pay for the wealthy and full aid for those who truly need it (which we understand!). [/quote]
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