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College and University Discussion
Reply to "Is there any purpose in completing FAFSA at $400k+?"
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[quote=Anonymous]We did so our kids could take out some federal loans. They all wanted to go out of state so we had them take on some of the burden. Not parent plus loans, direct unsubsidized loans. They are not based at all on your income. Each kid ended up with about 30k in student loans. They received about 5k the first two years and then 6 or 7k the last two years. Even though we had saved and were full pay, we had a bunch of kids close together and it did ease some burden for us. And like I said, they chose out of state and this gave them some responsibility for the higher tuition price. [/quote]
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