Reply to Would we qualify for financial AID?

Forum Index » Private & Independent Schools

Reply to "Would we qualify for financial AID?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]PP here, when you fill out the forms for FA, it is like a financial X-ray. You have to list the purchase price of your home, how much you have left to pay, your investments, the make and model of your cars, if you went on vacation, where you went ad how much you spent, [b]if you have any employees in your household (butler, nanny, gardener, etc),[/b] if you have any debts and there is a space for notes (i.e., you have an elderly parent, child with special needs, a spouse that just lost their job, etc). I don't know which elements of the application carry more weight. If you have a lot of credit card debt, you may want to explain, "I lost my job and used my credit cards to keep from defaulting on our mortgage." If you have debt because you are a shop-aholic, they aren't going to help you. The schools are looking at the whole picture. When we were offered aid, I specifically asked: assuming our finances don't change drastically from year to year, can we expect to receive the same amount of money? They said yes, they assumed they were making a commitment until our child graduated.[/quote]

I would sincerely hope that any family receiving financial aid at any school in this area does not employ a household staff of a butler, nanny or gardener.

Signed,

A parent who works hard to pay full freight for two kids and gets tired of the "please donate to financial aid" pitches[/quote]

Oh here we go. Again with this tired old refrain.... Let the FA bashing begin.  :roll: 
Everyone's circumstance is different (not that you care). Who the eff has a butler, first of all. What is this "Clue"?
A nanny or au pair on the other hand, might be necessary for parents who pull overnight shifts as nurses or cops and need someone to watch their kid after school and in the evenings. People at those salaries are also more likely to need financial aid. 
And if you're so tired of the financial aid pitches, tell your school. 
In fact, tell your head of school and board, I dare you.
I'm sure your school will think you a gracious member of the community for sharing that sentiment.  :roll: 
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics