Reply to Do any truly needy children get FA at top private schools in DC area?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, I am truly needy on Medicaid, single mom no degree and two of my three kids go to a top 3 school.[/quote]

Then you should receive financial aid for sure. I think op is talking about people that live in million dollar homes and don't want to sacrifice that lifestyle as others do. Btw people do know who receives aid - not sure how but they do. I realize homes in many neighborhoods begin at 1 million but I think op is saying they should sacrifice and move to a less expensive neighborhood etc… so that FA money can go to people that truly need it. Op, what schools are you referring to? I hope at our Big 3 this isn't the case or I will definitely stop contributing. As we sacrifice to pay full tuition and ALSO sacrifice to contribute to FA fund. [/quote]

You're right.  This post is inspired by the post about the woman who was dreading telling her DC that they could no longer afford private school.  Then it turned out they could afford it, they just did not want to take equity out of their house.[/quote]

You clearly don't understand the concept of being able to "afford it."  I agree with you that the poster on the other thread (the one who was going to pull her child from private instead of tapping her home equity) should not qualify for FA in order to pay for private.  Of course, she should tap her equity if she chooses to keep her kid in private.  That said, if she has to tap her equity in order to write the tuition check, she can't AFFORD private school!  There is a difference between being able to cover the tuition (by hook or by crook) and actually being able to AFFORD it.  Affording it means not jeopardizing retirement savings, college savings, etc.

I'm quite sure there are plenty of families who think they can afford private school just b/c their tuition check doesn't bounce.  But, jeopardizing your financial security in order to make sure that check clears is not the same as being able to afford to write that check.[/quote]

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