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Private & Independent Schools
Reply to "People with $1.2M+ homes and getting significant financial aid"
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[quote=Anonymous][quote=Anonymous]There is a population of people at any of these schools with wealthy grandparents but parents who are highly educated but in relatively low-paying jobs that attract the children of the wealthy (especially in the arts, nonprofits, certain types of journalism and publishing). Usually grandparents help them (or just outright buy them) a home. Sometimes, the grandparents will choose to pay for the tuition and the family won't apply for aid, but in other cases, the family will apply for aid and get it (because grandparents' assets are not counted).[/quote] And sometimes they apply for aid and the grandparents end up paying that reduced tuition. [/quote]
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