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Reply to "Financial Aid UMC with multiple kids"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]what is your actual income OP?[/quote] I agree this is a needed data point, at least for useful advice. So many people consider themselves UMC that it doesn’t mean much as a description.[/quote] HHI is $275[/quote] Not sure this is the only data point that's needed. At least at our school for variable tuition every year they leave no stone unturned to figure out what your possible financial assets are. They even check how much you've been spending on home renovations.[/quote] DP are you generally expected to deplete your assets before you would be eligible for aid? Just curious as a low-earning family with a decent net worth (that could easily be depleted before college).[/quote] Not actually sure. We stuck out public until we felt we could afford tuition at the school without depleting our assets. It was actually DH's big sticking point on going private.[/quote]
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