Reply to MCPS competitive college acceptance very poor

Forum Index » Montgomery County Public Schools (MCPS)

Reply to "MCPS competitive college acceptance very poor"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote]That was my post above. Yes, FA is very dependent on your family's situation, and I sort of glossed over this issue when I cited $120k. If you have another kid in college, for example, this may qualify your kid for FA, but having siblings in private school won't help.

Harvard and maybe a few other Ivies have promised to help middle class families with grant aid. But the range of generosity varies. I think it's the case that Harvard, which has the biggest endowment and offers the most generous FA, has promised aid to any family with HHI under $120 (and presumably depending on things like having other siblings in college). This aid is on a sliding scale, so the kid from a family with HHI=$50K is going to get a better package than the kid with HHI=$120k. As I say, Harvard has a huge endowment and can afford to be more generous with FA than any other Ivy. And, of course, your kid has to get into Harvard....[/quote]

15:59 here.  I read a NY times article that Harvard was giving aid to families as high as 180K and were doing a calculation that tried to keep the cost of college at roughly a certain percent of income and assets--essentially putting the cost on a sliding scale.  But Harvard (along with a few others, like Stanford) are among some of the most highly endowed schools and can afford to have a very progressive and generous financial aid policy.  And of course, if you receive a grant of 10K, by the time you pay for room and board and books that's still a bill of 50K...[/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