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Private & Independent Schools
Reply to "What HHI for financial aid?"
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[quote=Anonymous][quote=Anonymous]We are at a well resourced large K-12 and receive aid. Our HHI is around 300K. We have multiple children. We bought our house in 2020 for about 500K, had to put some work into it, drive two beat up cars, pay a lot in grad school student loans. We feel grateful to get aid and certainly feel like we are in the bottom 10% of families based on household wealth...this may or may not be true. [/quote] Be prepared for the fact that you almost certainly won’t get FA for college. FA in college is generally limited to those who make less than $250k ( and thanks to current FAFSA changes, most colleges don’t care how many kids you have). It’s kind of crazy that private high schools give FA to families that colleges consider full pay. [/quote]
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