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[quote=Anonymous]Thanks for all of this.

[quote=Anonymous]What would the total cost of tuition a year be if you had to pay in full for both kids? What’s the percentage of your take home income? Are you able to live without feeling a significant burden? Are you wondering about aid just because you may qualify or because you actually need it?

350k for 2 kids at a 65k/yr tuition would absolutely warrant financial aid. If it’s like $30k or less then of course I’d just minimize risk of being turned down and just budget wisely.[/quote]

Payment in full for both kids would be like $130k. So a big chunk of our income. We live pretty modestly otherwise and we feel good about our savings situation, and we would not necessarily be doing this for very long - both kids are probably going to have good enough SHSAT scores to have their pick of public high schools - but financial aid would make it financially viable for keep them in private for longer if they want to be.

[quote=Anonymous]Depending on the school’s FA fund and tuition you may or may not qualify for aid. Will this be in the same school the older kid goes to?[/quote]

We're applying at the older kid's school too, yes, but not only applying there. I'm not sure whether applying for FA would be more or less risky there than other places - I assume the forms are going to have us list what we're paying at the older kid's school so everybody is going to have the same amount of information about what we can afford with one kid.

[quote=Anonymous]Schools say they admit regardless of need but the reality is they have a budget. They can’t admit an excess of applicants that need aid. Horace does say they admit regardless of aid status, I call BS! [/quote]

Thus far, HM is the only TT school I've found that even claims to offer need-blind admissions. (I'd note here that we're only looking at coed schools) Is it possible that maybe they're able to pull that off because with such a massive intake (like 50 kids in 6th grade), going a few spaces deeper on their waitlist after a couple of families reject them over insufficient FA offers is no big deal?

[quote=Anonymous]A couple of things to consider though. If you don’t apply for aid. Get in and later decide it might be a stretch to have both in private, you will likely not be granted one unless you can prove extenuating circumstances.[/quote]

Yeah, this is why I'm kind of focused on the long-term SHSAT plan, but obviously I'd just as soon have enough aid to be able to give them choices.

[quote=Anonymous]
The anecdotal evidence on public tidbits is the privates give a smaller number of FA recipients a lot of money, rather than many getting $5-10k.

Given also that there are more applicants of FA than budget for it, you’re likely hurting your odds of admission quite a bit applying in the FA pool.[/quote]

Thanks - this unfortunately does kind of make sense, the FA budget is largely going to ensuring they have a diverse pool of students and it's unlikely that an extra $10k/year would produce dramatically different kids than they'd get at full price.[/quote]

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