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Private & Independent Schools
Reply to "Financial Aid question when applying second child"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I can already tell you this. If you have a retirement plan to dip into, they won't be offering you FA. [/quote] This is false. If you have an extremely large retirement plan to dip into, they won't be offering you FA. But if you have a reasonable-sized plan (proportional to your income) they allow a certain amount. -Someone with a retirement plan who gets FA[/quote] +1 The idea that you are expected to cash out your retirement before getting FA is simply false.[/quote]
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