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Reply to "People with $1.2M+ homes and getting significant financial aid"
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[quote=Anonymous][quote=Anonymous]1. Name the school(s) 2. We assumed we wouldn’t qualify for financial assistance given our HHI ($350+) and assets (sub-$1M home plus investments, etc) despite having a handful of kids (including 2 in college). We are currently applying to area privates for HS and weren’t planning to seek FA (figured the paperwork wasn’t worth it since we would not qualify, and wondered if full pay gives you an edge in the application process…like college). Thoughts? [/quote] I don't know about it giving an edge in application. Maybe. We went in full pay for one year and then applied for aid the next year, but we were an off cycle enrollment after the closing date for aid applications. My school encourages everyone to apply; you may get nothing, but you never know. Our HHI is similar to yours, a little lower. (FTR, old cars and tame vacations.) We have one kid who is top of the class and behaviorally easy, and I suspect that's a factor even though no merit aid is offered. I agree with PP that it's about enrollment and getting/keeping people there, not about financial diversity. [/quote]
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