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Reply to "Private School Possible with Household Income <$80K"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Earning potential and what one could make is NOT assessed on the financial aid applications. These posters are simply voicing their frustration with “subsidizing” families with a SAHM. The overwhelming answer is yes OP. You qualify for aid. And a lot of it. Apply. Let’s close this thread already.[/quote] While the OP may “qualify” for Financial Aid, they are a long, long way from getting any of it. Only a handful of people get significant FA packages (80%+) And everyone has to pay something even if it is only 10%. This isn’t some Government program in which how much money you get is determined by looking at a table. Schools have a FA budget they have to stay within. They distribute the money (tuition discounts) among applicants in order to fill classes, maximize the school’s revenue and to add students with special talents of other attributes. I get few on this forum want to be unkind and that means being encouraging. But I don’t know how much of a favor your doing anyone by minimizing the great barriers to this. [/quote] OP didn’t ask about getting 80% aid. She asked about getting any. The fact is all the major schools have an AVERAGE aid package that amounts to more than 50% of the tuition. Take a look at Maret. Their AVERAGE aid package is $30k with and average tuition (over all grades) of $40k. Thus, their average package they give covers 75% of the tuition. That is not an outlier, that is an average. Yes, some get more and some get less. And yes the student still has to be admitted. Maret is a school that stresses they are need blind in admissions, but agree there is still a hurdle there. [/quote]
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