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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][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We have a HHI of $300k and pay full private tuition for 2 kids. I would be embarrassed to ask for FA when we can pay the full amount by both working full time, driving older cars, taking cheap vacations, and living in a smaller home with a reasonable mortgage. I can't believe that some of my donations might be going to a family with twice our annual income.[/quote] Spread the word. And I would also volunteer To spearhead a committee to recruit actual "needy" students. Help those kids navigate the FA and application process. Get rid of these disgusting people. [/quote] Judgmental. [/quote] I absolutely will judge you if you're taking my money while in the top 1% of us incomes. [/quote] We are not wealthy. Close to $100,000 goes straight into retirement account. We both have student loans. Right there before we even pay the mortgage we are near $450k. Other people who have HHI at $300k, I bet are not required to stick almost 100k into retirement. Our aid is not much in the $10-15k. You act like we are stealing money when we are not at all. [/quote] Which school, and what neighborhood do you live in... We will be applying to big three in a couple years and no way in the world I will pay full freight at a school that supports you for even a penny. [/quote] No one is going to post the name of their school. Financial aid is a private matter at each school and people don't discuss finances because it's no one else's business. However, you should assume that all of the so called Big schools handle their financial aid awards in the very same way. Smaller schools don't have the endowment but trust and believe the philosophy on how to award financial aid is pretty much the same across the board. [/quote]
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