Reply to ok, don't crucify me.. question about financial aid.

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[quote=Anonymous][quote=Anonymous]Assuming for the sake of argument that you're correct and the number of lower-income applicants to private schools is low, shouldn't these schools be ramping up efforts (more than they already do) to promote the idea that lower-income families are indeed welcome and shouldn't let their financial situations be a deterrent?  That is, if they're truly committed to having more than simply a token percentage of lower-income families in the school's community and not simply paying lip service.

I know colleges are much more deep-pocketed given their vast endowments, but for example, Stanford is remarkably explicit about the financial aid issue on their website about parent contribution:

[i]Zero Parent Contribution for Parents with Income Below $65,000

For parents with total annual income below $65,000 and typical assets for this income range, Stanford will not expect a parent contribution toward educational costs. Students will still be expected to contribute toward their own expenses from their summer income, part-time work during the school year, and their own savings.

Tuition Charges Covered for Parents with Income Below $125,000

For parents with total annual income below $125,000 and typical assets for this income range, the expected parent contribution will be low enough to ensure that all tuition charges are covered with need-based scholarship, federal and state grants, and/or outside scholarship funds.

Families with incomes at higher levels (typically up to $225,000) may also qualify for assistance, especially if more than one family member is enrolled in college. We encourage any family concerned about the ability to pay for a Stanford education to complete the application process. If we are not able to offer need-based scholarship funds we will recommend available loan programs.[/i]

I know private schools don't have the money to make this same kind of statement, but one must think they can signal a similar kind of commitment in other tangible ways.[/quote]

the upfront nature of this is better in my opinion[/quote]

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