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[quote=Anonymous]Tuition alone will be more than 1/3 of your PRE-tax income. You 100% should apply for financial aid.

The math doesn’t even math, or did I miss something? You’ll be paying about 13k/month when you’re take home pay is under 20k and this is not accounting for retirement, housing, food etc… whether your kids are able to test into a good public is not a given.

A couple of resources that have helped me try to understand the system 
- Leman Manhattan prep has a chart on their website https://www.lemanmanhattan.org/tuition
 with the financial aid probability

-Horace Mann publishes statistics on their financial aid package. How much and how many people and at what grade level. I think the most recent is from 2022. As someone else noted, I’m starting to believe most of the recipients are staff and faculty, but it’s good info.

I think it’s great you’re wanting to maximize your chances and to provide the type of education you feel they deserve but I’d also encourage you not to neglect your other long term financial commitments. The reality is that a HHI of 350k is simply not enough for 2 private school tuitions and trying to frugal your way through it will lead to a lot of stress down the line. [/quote]

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