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Private & Independent Schools
Reply to "Would we qualify for financial AID?"
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[quote=Anonymous]My understanding (from what schools post to their webpages) is that the schools assign a potential income to the non-working spouse and add this number to the family income. This new, larger number is used to calculate eligibility. Unless there's a good reason for one parent to be home (small children, etc), the assumption is that the non-working parent can elect to work. There are also statements about hobby businesses, quitting work to start a business, etc. being treated in a similar way.[/quote]
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