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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]^ but is low income [/quote]

If you own your own business you can take $10.00 per year as income and that would give you low income which is why their assets MUST be accounted for. All assets, savings, 401K, etc...

Why should someone with low income but a lot of money saved for retirement get a free pass? You do realize that those paying full tuition would ALSO like to contribute to their retirement???????? That is the issue. [b]It must be done by assets, including all savings, retirements, and stocks,[/b] etc....

I know multi millionaires that get $0 income. They do not take income off of their business. [/quote]

If you think this is not being done at your school, you should let the school know your views. Many schools require a complete financial profile. And for those that don't, it's not like the school doesn't know where the students live and what those homes cost. 
So once again, we are back to "you don't like the choice your school is making" and not "people in nicer houses are scamming financial aid." Take it up with the school.[/quote]

We receive a small amount of financial aid and never fear--- the school knows our entire financial picture. You can't really hide anything unless you have off shore accounts or similar.  And trust me, we don't.  [/quote]

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