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College and University Discussion
Reply to "Colleges That Cost More Than $60,000"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Would an income of $150,000-$160,000 HHI and a mortgage get financial aid? No other assets or substantial savings.[/quote] A small amount probably. But aid is complicated and comes in many forms. Have DC go to a slightly less competitive college to get more aid. DD had the option to step down in USNEWS rank about 15 spaces for $15k more in aid a year.[/quote] We did not apply fot FA but found this to be the case as well: DD was awarded more merit $ as the schools went lower on the USNWR rankings. I guess it makes sense. Alas, DD chose the highest ranked school that came with the full price tag. [/quote] Yes. We found that too. Take a slight selectivity hit for $15 to $20k merit aid![/quote]
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