Reply to any surprises in terms of financial aid for upper middle class kids?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]It depends on so much more than just income. When touring some of the super-elite schools (Princeton comes to mind), they gave percentages of how many families making over $200k received aid (something like 20%) and what their average financial aid packages were (something like $20k, and none of it was loans).  So clearly there are some families making over $200k that are getting significant aid from the schools with huge endowments. Princeton wasn't the only one. [/quote]

Keep in mind that families over $200k may be getting financial aid, but it may be an amount that does not put much of a dent in a $70k price tag. Also, it's not useful to know that there are families over $200k getting financial aid if you don't know how many children those families have in college. We make $220k with a family of four, but only one in college. Our expected family contribution is $51k. That means that DS received financial aid worth almost $20k from an Ivy, but we still were left with having to pay ~$51k. And if both are kids had been in college that year, DS would have gotten more financial aid, but we'd have been paying more than $51k out of pocket in tuition payments for both kids. So don't kid yourself about what "financial aid" means for families in this income bracket.[/quote]

^^both OUR kids. Jeez, LOL.[/quote]

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