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Private & Independent Schools
Reply to "Private School Possible with Household Income <$80K"
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[quote=Anonymous]It really comes down to math, OP. Private schools get all their funding from parents. If a school wants to be able to give full FA to a significant number of truly low-income students, they have to simultaneously admit more full-pay students to make up the difference. If you end up with a school that is 95% full pay and 5% free kids, how do you think that social dynamic plays out without any "middle" to balance it out? Also, it's still going to be hard to end up as one of that 5% - you're going to have to really stand out, whether for diversity, special talents, etc. If the FA is spread out among a wider range of incomes ($150-300k seems middle at my school), you get a greater mix of kids and more FA kids overall. To the question of "deserving" - my spouse and I work in government and a non-profit, making about $250k. We didn't apply for any aid at our $40k school because we manage our budget to be able to make the payments, though it's a squeeze. We would rather the FA money go to a deserving family in which both parents (or a single parent) are working and doing the best they can to pay and just need some extra help. Not a family with a SAHM (for no compelling reason), which is something we never got to have because have been working hard for 20 years straight. Sorry, just being honest.[/quote]
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