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College and University Discussion
Reply to "What Top 30 colleges give most aid to 250k families..."
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]First your kid has to get in and it appears this is your first go around with this. It's not what you think and be prepared to a) not get in and b) to not get the money you think you will [/quote] No, my kid doesn't need to first get in. Schools we can't afford can be ruled out immediately, without getting in first.[/quote] Yes, please sit down with your kid by Junior year and go over finances with them. If you can only afford $X K per year (4*X total), then don't let them apply to schools that don't give merit, you won't qualify for financial aid, that cost a lot more than that. Simply don't. Make sure your kid knows that you most likely cannot afford certain schools. Go outside T30 schools and a top stat kid can begin to find excellent merit bringing cost down to in-state or just over that. Make sure your kid has 95% of their school choices be ones you most likely can afford [/quote]
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