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College and University Discussion
Reply to "Full-pay advantage: can someone break this down?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]According to net price calculators, we were not going to qualify for fin aid anywhere. That doesn't mean that we can really afford any private schools. We have a 529 but are also funded our retirement accounts and HSA, so we were never able to save too much in the 529. I filled out the FAFSA to see if we could get any unsubsidized loans and the answer was No. We only qualified for a $5500 unsubsidized loan. Did we jeopardize our daughter's acceptances chances by filling out the FAFSA? Just wondering.[/quote] We did this last year knowing fully well we won't qualify for need based aid. There is a lot of confusion about whether or not you need the FAFSA for merit-based aid, some of which are through the college and others are through individual donors or trusts. Just thought it would be easier to file the FAFSA. Can't definitely say if that affected admissions or not. [/quote] Thank you. I feel like there's a lot of conflicting advice out there.[/quote]
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