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College and University Discussion
Reply to "FA Question: Inherited house, now worth $1M, now what? "
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[quote=Anonymous]PP here with the similar situation. We decided that a state school at full pay was the answer for us. Just couldn't find the perfect fit otherwise with more expensive FAFSA only schools and merit options. FAFSA only schools also only provide a fraction of the calculated need. In our case it really didn't work out to much different than full pay at a state school, and you don't have to worry about next year's award. We spent a good bit of time figuring that out so I hope it helps. Yes, we have more kids in the pipeline, but so far so good. Like I said before there are many different choices at many different prices. One could be sending the kid to the NESCAC school if they will loan her the $60k/yr. We decided that wouldn't work for us and went another route, which has turned out just fine. Good luck to you and your daughter![/quote]
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