Reply to People with $1.2M+ homes and getting significant financial aid

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Do these schools ever audit the FA?? Like confirm anything that anyone submits? I would feel better about donating to my school if I knew they did this. [/quote]
We recently applied for aid for the first time. We had to authorize access to our IRS-provided tax returns and upload pay statements for both parents. The application also stated that the school reserves the right to request documentation for certain items we had to declare - like out of pocket medical expenses for the last year. So far we haven’t been contacted for additional information, but we just submitted about a week ago and I assume we’d not hear anything until Jan or Feb. [/quote]

Same here. Applied to SR, they required extensive documentation of finances. We support two family members, my mother and DH’s sister. We have one child receiving extensive therapies unpaid by insurance.  Also, two years in a row, I had emergency hospital trips that were billed over 100k (each) and the 20% out of pocket was over 35k. They were nice about it, but they wanted documentation for every doc visit and lab test. We make over 200k, and I am so grateful they were able to provide FA. DD is an exceptional student, and they valued what she would bring to the community.[/quote]

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