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Reply to "FA recipients at an expensive private with a question"
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[quote=Anonymous]Our FA contract asked that we agree to disclose any income change of $30K or more. You should go back and read your contract, as it may address this issue. Doubling of your income is pretty substantial so I would think there might be some concern from their part that you accepted money you did not need. Personally I would disclose and explain why with an increase in your HHI you still need the amount awarded. I daydream (as I'm sure most do of hitting the powerball), and I imagine if I did my DCs school wouldn't be happy to know I took the windfall and forgot about their graciousness. LOL. Certainly an extreme idea, but I think it's best to be honest and maintain a great relationship with the school. BTW: Congrats on your new job!!![/quote]
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