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Reply to "any surprises in terms of financial aid for upper middle class kids?"
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[quote=Anonymous][quote=Anonymous]It depends on so much more than just income. When touring some of the super-elite schools (Princeton comes to mind), they gave percentages of how many families making over $200k received aid (something like 20%) and what their average financial aid packages were (something like $20k, and none of it was loans). So clearly there are some families making over $200k that are getting significant aid from the schools with huge endowments. Princeton wasn't the only one. [/quote] This is my impression too. There was a study done recently that showed that the majority of students at these elite schools come fro upper income families. There are very, very few poor students attending these elite schools for all their socioeconomic diversity talk. So someone is getting need based financial aid..... https://www.nytimes.com/interactive/2017/01/18/upshot/some-colleges-have-more-students-from-the-top-1-percent-than-the-bottom-60.html?_r=0 We are trying to build a very diverse list of schools and including schools that offer merit aid and the list will include a couple of Ivy and little Ivy schools too. I'm really curious about how financial aid and merit aid will shake out (if DC even gets accepted).[/quote]
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