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][quote=Anonymous][quote=Anonymous]At $150 HHI we had an estimated family contribution of about $20K for one child. When we had a job change and bumped up to $200 HHI we decided that we would not apply for aid anymore, and are paying a little over $30K. It’s fine and we’re happy to do it, but if it were more than 30k I don’t think we could swing it very well. I would guess that your EFC would be somewhere in that neighborhood.[/quote]

Lol. Hang on, I just realized that you’re talking “net”. FA officers don’t care about net, they care about gross, because what you choose to contribute to retirement etc is your personal choice, not your actual financial circumstance.

So if your [b]net[/b] is 150, my guess is that your EFC’s probably closer to 30k, and [b]if your net is 200, you ain’t getting aid.[/b] [/quote]

Not true.  I know kids who got aid this past season with incomes over $400K.  I do not say this to stir the pot but to encourage everyone to apply.  If they want your kid badly enough they will find the aid. 
The morale is: APPLY!![/quote]

Seriously? Which schools? We have a gross HHI of $430K with one kid and didn’t apply for FA anywhere because we assumed admissions officers would laugh us out of the room. [/quote]

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