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Private & Independent Schools
Reply to "Is my income too low for FA?"
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[quote=Anonymous]In an entry year, we were offered aid at two out of three schools. My advice: chase the endowments. Go where the money is. Apply for schools with the deep endowment. The school that didn't offer us any aid had a substantially smaller endowment than the ones that did. You are not crazy to recognize that your income may, in fact, be too low. Schools use financial aid to engineer their classes, and they can do this with twice as many students if they offer each half as much aid (i.e., two at 50% rather than one at 100%). It really depends what your kid is bringing to the table. I would encourage you to apply though![/quote]
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