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College and University Discussion
Reply to "Financial aid is a scam"
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[quote=Anonymous][quote=Anonymous]From Harvard: Assessing Your Need Once you're admitted, the Financial Aid Committee will assess your family’s financial need and offer you an award to meet it. We determine need based on your family’s income, assets, and overall financial circumstances. You'll never be required to take on loans, and [b]we don't factor in home equity or retirement savings when crafting your aid package.[/b] Most importantly, your financial situation will not affect your chances of admission to Harvard College. We know that each student's financial circumstances are unique. Your financial aid officer will work with you all four years to understand your needs and take the stress out of affording Harvard. [/quote] Maybe not directly, but don't they consider whether you have a mortgage payment or not? So, indirectly, equity is considered. [/quote]
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