Reply to FA in BMS and Gillman

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've talked to a few people who tried getting FA at the various privates. My impression is that it is rarely as generous as you might hope for, except for the lucky ones. I have one good friend who is not only an alumna but a single mother and she was hoping to get essentially half tuition and she did have a relatively low income, as in low 100ks. The most she received was 10k, meaning she'd be on hock for 30k, which isn't realistic if you only make 120k. Child also got into BSA so it ended well, but it did leave a bitter aftertaste for her, because she was offering to bring half the tuition to the table, which is still a lot of money for someone like her.

The schools are generous to families who already have children at the school. If you're already paying full tuition for an older child and want to enroll a second child but need aid, that's where they can actually help out. I remember Gilman mentioning they factor in siblings at Bryn Mawr and Roland Park.

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Really? I have one in Park and the second one is about to apply too next year. That sounds great to me whose Hhi is only 300k.[/quote]

I hope you are a troll and this post is just a sh$$ stirrer. $300k HHI in balto is more than enough to afford two in private school. If your family requests or expects FA at that income, you probably need a reality check. [/quote]

Calm down. 84k a year for two kids at private schools is a huge percent of your after tax income on a 300k HHI. It would make most people pause. She should apply and see what happens, especially if there is already a sibling at the achool. This is probably one area where school aid might be forthcoming as her bill from Park would be 75k instead of 85k, so it's a bit of a win win situation all around. But only one way to find out. [/quote]

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