Reply to At what HH income level will private schools give aid?

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[quote=Anonymous][quote=sybersus]I have a 1.5 year old, and we are starting to think about future schooling. I am curious what the HHI cut odd is for private school financial aid. Trying to figure out if it would even be worth checking out further. My DH works for fed gov't and I am at a public interest group, and full tuition is def out of the question. We are in DC by a not very good public school, but charters are an option. Thanks for any help.[/quote]

It might help if you understood how financial aid works from the school's perspective and not yours.

There is a limited amount of money that the school puts into a financial aid account or fund.

Someone at the school --- a financial aid committee or the Admissions Director --- distributes the funds amongst the applicants based on trying to achieve the school's aims. The want a full class and they want the best possible mix of students and families based on all the interests within the school.

There aren't a set of rules. Instead its a multi-variate, zero sum gqme

A student that needs 100% aid is equivalent to two students that need 50% aid. A student with a special attribute that needs 50% aid trumps a student with no special attributes that needs 50% aid.

Someone ought to make up a board game so that parents might see how this all works.[/quote]

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