Reply to Financial aid for net HHI of $150K

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Reply to "Financial aid for net HHI of $150K - $200K?"

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[quote=Anonymous][quote=Anonymous]Whenever I see these posts, all I can think is, "show me the spreadsheet..."

It's ALL hearsay and anecdotal. I don't even know my best friend's full financial situation, much less Joe Schmoe from my kid's class two years ago.

There is zero transparency in any private school financial aid distribution. You have no idea how it works or who gets what unless your name is "financial aid manager of X private."

...and now YOU insert your anecdote or overheard gossip
To prove me wrong...[/quote]

Ditto this.  We get partial aid for 2 kids (tuition bill >100K) with a HHI north of $350K.  
A good friend just got aid for ONE kid with an income >400K.  I know their financial situation. They have two homes (rent one) and a country club membership.  The school (Big3) REALLY wanted their kid.

A poster above (with SALC experience) put it correctly.  You have no idea what goes on at these schools.  They can give aid to anyone they want to.  It's a very, very small group of administrators who know the situation. 
There is absolutely NO rule carved in stone that they can't use financial aid to woo kids they want.  I have seen it happen many, many times.  Do you really think all the sports players at Sidwell/STA/Landon are 1) paying full tuition OR
2) magically coming from households making less than $150K?  LOL.  If you believe either I have a bridge to sell you.  [/quote]

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