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Reply to "Finacial aid at 350K HHI with high mortgages and nanny"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Just catching up on these posts. We are in two separate private schools in NOVA and at one, we've got a few families who have either SAHMs or one parent that works PT. I ask this, why should we continue to give, when these families aren't asked to change their lifestyles to make sacrifices for this privilege? Again, as many of these discussions conclude, private school is not a right. It takes a lot of money and in most cases, a lot of sacrifice to do this for our kids. I hate watching these families take advantage of us.[/quote] Yes, but FA applications assign a "salary" to the non-working spouse that is factored into the household expected contribution. I think it is around $35,000-$40,000, but I'm not sure. I would think that a part-time working spouse would also be assigned a "full-time" salary to the family's HHI. How do you know that these families with SAHM or part-time working spouses receive FA?[/quote] In my case they said it and their kids said it. Homes ranged from 1.5 to over 2m. Vacations in Europe/Carribean etc, new cars for themselves and/or kids. [/quote]
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