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[quote=Anonymous]If you fall into a middle income category, a lot of need-based grants will be hard to qualify for. The kids will be taking out big loans, not getting big grants. And even if you do qualify for some need-based grant money, loans will be a big part of the package. The best strategies are:

1. Save for tuition.
2. Have DC study hard and apply for merit scholarships. Identify which schools are good matches for this--sometimes they are thousands per year. Colleges that are outside the top tier who want to boost their stats are often the most generous with this.
3. Apply to schools with lower sticker prices that nonetheless have strong programs in DCs area.
or
4. All of above.

If you do qualify for aid, but just barely, you do need to read the Princeton Review Guide and similar books to ensure your finances are structured in a way that doesn't shoot you in the foot. No money in child's name (100 percent of it is assumed available for college, but only a certain percentage of the parent's liquid assets are); be very careful with trust funds; put all funds you want for retirement in retirement accounts. 
[/quote]

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