Reply to What HHI for financial aid?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Just under $300k when we applied to well reputed (non-religious) privates for 6th grade.  Tuition was in the 50s on average.  We got a few paltry offers of $10k but mostly nothing.  The one school that waitlisted our kid (who got into the rest) said they’d be admitted if willing to full pay.

We stayed in public. [/quote]

On that income yuo can afford full pay.  That's crazy you expect that much help.[/quote]

That’s not true. That’s $300k before taxes. See my very basic breakdown above.[/quote]

You are free to feel that way.  But $10k is generally the amount that we donate every year.  If I found out (and I wouldn't, but if I did) that the school offered $10k to a family with an HHI of $300k, my contributions would come to a screeching halt.  [/quote]

We’re that family.  We live in a small rowhouse in DC.   We have two kids.  After taxes and the mortgage etc., we don’t have a shit ton left.  And we’re saving for college and retirement.  This is DC.  $300k pre-tax for a family of 4 isn’t all that much.  [/quote]

Families with more than two kids maybe shouldn’t be asking for financial aid in the first place.  Having a large family is a choice.  No different from purchasing a $6M house or a $300k vehicle.[/quote]

NP with one kid here. Families with multiple kids are a reliable long-term income stream for the school, even at 60% tuition. Which is why the school CHOOSES to give them FA.

As for "if I knew my donation was going to x, I wouldn't donate" - please, just stop donating. Donations, like tax dollars, inevitably go to things you wouldn't choose. Unlike tax dollars, you can stop donating or choose an earmarked cause like a new classroom wing, so please do that and stop complaining endlessly about who is needy enough for FA.[/quote]

This is what we did. Just stopped abruptly one year when I realized that I was subsidizing families positioned exactly-- and I mean exactly, I knew them very well -- like our family, except they chose to have an additional kid or two. Nope.   Why should we go without in order to transfer our hard-won funds to our nearly identical 
peers? [/quote]

No one cares. We really do not care at all about whether you donate. That’s not what this thread is about, stop hijacking every financial aid thread to make comments that clearly no one in your personal life is willing to listen to.[/quote]

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