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Reply to "Would we qualify for financial AID?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]So we are thinking of sending our child to the Potomac school. We just bought our first home in DC (so expensive!) We make 140k, have car payments. Have very little savirings (try under 10k). Would we qualify to get maybe half paid for? Anyone knows if they ever give out to families that are not destitute? Thanks! [/quote] I certainly hope you would get significant financial aid if your child is admitted---otherwise, tuition would eat up more than a third of your post-tax income, not leaving much for other living expenses.[/quote] Many people I assume that send kids to privates (especially big 3s that are 40K) spend a third of income on their private school. I know people that have two kids in private and spend $80,000 per year with a salary of $200,000. I don't think they qualify for aid because they own a small business which has value? Maybe they should try?[/quote]
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