Reply to Moving $200,000 out of cash to improve chances for college financial aid?

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[quote=Anonymous][quote=Anonymous]Did I miss something? Why is op planning on a $90,000 school? There are plenty of good schools that cost less than $90,000. Also,[b] seems like op is trying to game the system to get financial aid from an Ivy.[/b] There is no guarantee your kid will be accepted - even with a fabulous application. Seems like your efforts would be better served encouraging your dc to apply a couple of tiers down to a school that offers merit and will go out of their way if your kid has Ivy stats. [/quote]

Agree that OP may be trying to game the system in order to receive financial aid, but this is not unreasonable for a middle income/upper middle income family with 2 in college at the same time for at least 3 of 4 years.

OP's younger child is focused on an LAC, not on an Ivy League school.

OP refuses to share relevant information so proffered advice is almost meaningless.

Without knowing major, career plans, & likelihood of grad/professional school it is tough to offer relevant advice.

While I understand that OP does not want to reveal identifying factors (especially as OP's child is focused on a small school), more information is needed or OP needs to seek counseling in private with one experienced in such matters.[/quote]

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