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Reply to "Catholic schools and financial aid?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does anyone know what the debt/income ratio has to be with these formulas?[/quote] Keep in mind, there's only a single pot of money, the Financial Aid budget. When they distribute that, it's all gone. There isn't another pot of money somewhere. The schools will distribute the aid to get the maximum benefit to the school based on their priorities. This isn't a Government program where the money is given out based on a formula.[/quote] That is not true. There is money the archdiocese give. There is more money that each school gives. There are also personal scholarships individuals give.[/quote] There's only so much money. When it is gone, it's gone. If you meed $10,000 and all they have is $1,000, guess how much money you get.[/quote]
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