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Private & Independent Schools
Reply to "The realities of being lower middle class"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I guess we would be the nearly destitute people you mention OP (at least in this area we are). My DS was accepted to some independent schools but since we required too much FA, he couldn’t accept. How many really “poor” students attend these schools?[/quote] Well, my personally opinion about private schools such as big 3 or those that cost over 43K/yr look for: - full pay students - some slots for students with exceptional academic but can't pay full. They will get FA depend on HHI. Low income family will get full FA - some slots for recruited athletes. Some might qualify for FA. Those that are low income will get full FA. - a few slots for exceptional athletes or extremely talented musicians, those students that the school really wants. They don't have to pay anything even when the family can easily afford the tuition. Those students bring exposure to the schools and bragging rights. My nephews, an exceptional athlete and violinist, attended one of the big 3s for free even when my brother HHI is 1.5M/yr. Go figure.[/quote] If this is true, I'd be extremely upset and would no longer make donations to the scholarship fund. Anyone with a HHI of that much should be embarrassed to take FA away from the type of student it was designed to serve. [/quote] Schools compete for truly exceptional students. If three good privates really want a standout student, the winner is going to offer more than just admission. If you were to stop making donations it would hurt the kids who need FA, not the school.[/quote]
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