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Private & Independent Schools
Reply to "Financial aid "dried up""
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I have seen families receive FA because of debts they choose to take on - cars, vacations, etc. [/quote] How on earth are all of you people so certain about who does or doesn't receive financial aid? Do you all work for the National Association of Independent Schools as financial aid form processors? Or are all of you drinking buddies with dissolute financial aid officers at your child's school? I am amazed at the amount of confidential information each of you has collected. Do tell your sources! [/quote] I'm the PP who used to work with a local school's FA and I'm not surprised at all that people know. People have no shame in calling up the school with various BS stories and excuses. I'm sure they tell all kinds of people about it. Also, People even purposely set up divorce and separation agreements to maximize FA. Somehow the newly single ex-wife( with no job or a low paying job herself) of a wealthy guy will file as a single parent applicant. They will produce a separation agreement stating that the father will not pay tuition anymore and that the mother is now responsible for it. The agreement usually states that the father is providing the wife child support and money for household expenses, but that that money is not to be used for tuition purposes. Now these kids who live in million dollar homes and drive their own expensive SUV's to school qualify for FA.[/quote]
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