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Private & Independent Schools
Reply to "What kind of income receives financial aid?"
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[quote=Anonymous]To the PP @ 145K, with a valuable NW DC house ... a question for you and others: if you make a low-for-the-region salary, but have a gigantic mortgage payment, do the financial aid gods smile on you? And award 'you' money? I'm trying to figure out why the formula would punish prudent purchasers (ie, relatively low mortgage payment with possibly high equity). [/quote]
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