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College and University Discussion
Reply to "Dumb FAFSA question"
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[quote=Anonymous]At schools that give substantial need-based aid this is going to be a CSS question, and it’s going to depend on your salary, your assets, and how each individual school treats assets (it varies). Also the schools are going to want to be updated when your husband takes a position somewhere. Worst-case scenario, and definitely possible, is that this has dropped you to the bottom of the “doughnut hole” where you will get little to no financial aid but also will not be able to actually afford an expensive college. In your position, I would ask your husband to put some time into running net price calculators, and once you have a grasp of the landscape present the situation to your kid. There are a lot of good schools at a lot of different price points, so you don’t want your kid going along assuming he can afford a school that is beyond your reach, and being disappointed at the end, when instead he could be perfectly happy going somewhere affordable.[/quote]
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