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Reply to "Help me figure out what we can pay"
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[quote=Anonymous]We normally have a HHI of $190K. Our 2 kids go to private (tuition total approx $26K - 10 months). We also will have a 3rd in daycare in the fall with tuition approx $16800 year. Our school is generally very good with financial aid and we expected to get a break in tuition. However, DH just lost his job, so now our HHI is only $100K, although he's getting severance for a few months. Obviously, we hope and are pretty confident that he will have a new job by the fall, but I am filling out the financial aid forms now and they want to know how much we can pay. I am lost for where to start. Without DH's income, it really doesnt seem like we can pay anything! Our expenses are as follows: Mortgage: $2100 Student loans: $800 Utilities/life insurance: $650 Food/household: $1000 Gas + auto insurance: $250 Misc (clothes, prescriptions, activities): $650 I really dont want to put down that we can pay nothing, but I cant seem to figure out where we have any room at all. HELP! [/quote]
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