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Private & Independent Schools
Reply to "How.do you afford private school? Any suggestions? "
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[quote=Anonymous][quote=Anonymous]I could understand giving aid to someone who had a really high hhi that had some catastrophic situation happen to them one year that depleted their savings and it was an ongoing issue, like their house burnt down, supporting older parents, spouse needed organ transplant, and an older step child got into legal trouble. This actually happened at our school to a family at our school a few years ago! So I can understand how someone needing temporary assistance one year or 2. However, schools should have a cut off and firmly state that aid applications will not be accepted from families earning more than $500k. I actually saw a small private school have on its site that it doesn't offer aid to anyone with hhi over $150k. [/quote] We have HHI of 600k and get 10% aid at Big 3 with 2dc. SAH. But a chunk of DH's income goes into retirement account automatically. When you account for that and loans, under 500k. Lots of diff situations where aid is appropriate. [/quote]
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