Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Private & Independent Schools
Reply to "Financial aid for private school - $100k+ salary?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]I've been looking into private schools and found that some list 50% of their students receive financial aid. This seemed like a very high number to me, seeing as how most people (myself included) assume private school is for rich kids and/or at least upper middle class kids. Growing up I knew my family couldn't afford private school, and if I got financial aid, I'm not sure private school is the best place for a poor kid to be (with peer pressure of clothes, designer purses for girls, etc). Anyway,... My point here is that after researching this financial aid bit, it seems most schools are giving financial aid to families making between $120-300k/year). These families aren't paying 100% out of pocket, they pay around half. There were many reasons listed but it seems that when the economy went to shit and people didn't have as much liquid assets/disposable income, schools had to respond by offering financial Aid to keep enrollment up. Have you heard of this? What are your thoughts? My husband and I are in tht $ bracket (low end) and I never thought financial Aid was even a possibility. DD is African American. Does this have any impact on cost - since I'd imagine diversity is encouraged? I'm not going to play the black card but it would be a nice bonus. *No flames please* Please fill me in as we come from poor backgrounds so all of these things are new to me. Thanks for your help! [/quote] OP, I made 120K when I applied for DC. I am a single parent ( father is dead) . As I needed to also pay for child care outside of school hours of 8:30 AM-3pm( at cost of about $1,000/mos), I was granted 40% FA. I paid about $1,900/mos of DC's tuition( when it was only 24k) I did not own my home or have a second car, or a retirement account or anything else that could be counted as an asset, like savings. I sincerely doubt that a married couple making more than I did would get more FA.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics