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College and University Discussion
Reply to "New University of Pennsylvania financial aid thresholds "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Does 'free tuition' include room and board, or just tuition?[/quote] Looks like just tuition because the full ride is for families making under 100K.[/quote] And the non-tuition costs at Penn are huge. “Mandatory fees” are higher than in-state tuition at some flagships. [/quote] I make 145K and will have about 80K in the 529 at HS graduation. The NPC said I would pay 30K a year, which would mean just 10K out of pocket annually for me. That's more than reasonable for a T10 school that is 92K annually. I imagine it would be even more affordable if I hadn't saved at all. I don't see any downside to this news.[/quote] Did you run the NPC after the rule change? That sounds a little high after raising the threshold from $140k to $200k. [/quote] Yep yesterday. I have higher than average assets and I'm youngish (40 with a HS kid) so I was happy with these numbers. [/quote]
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