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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I have the sense that what Rice is doing with this initiative brings them in line with the financial aid policies of traditionally generous schools like Harvard, Yale, Princeton, and Amherst.  Is that right, or are those schools more generous still?[/quote]

Havard et all give free tuition and room and board to people with family income below $100,000.[b] If your income is between 100K and 200K, you will get no assistance from any of them.[/b] [/quote]
Why do you lie? [/quote]

Have you filled out the net price calculators? Our family income is $153K, we have about $20K in non-retirement investment savings and $15K in medical expenses yearly not covered by insurance. We ran the NPCs at Harvard, Amherst and Williams. Harvard - no aid beyond student loans, same with Amherst. Williams offered about $5K in grants.

Obviously the CSS profile may spit out something different in a couple weeks when it goes live. But the transparency of the Rice program is appealing. [/quote]

Unless you own your own business - as the college cost calculators unfairly penalize small business owners' revenue as income - then you obviously own rental properties/a vacation home, or have some other major asset you're not talking about here. Harvard caps tuition at 10% of income for families earning up to $150,000.

Our family income is around $170K, we have less non-retirement savings than you - and we pay less than $27K to send our kid to a non-HYP Ivy that's often criticized (though not by us!) for the perceived stinginess of its financial aid.[/quote]

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