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College and University Discussion
Reply to "High income but 3 kids in college at once- financial aid"
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[quote=Anonymous][quote=Anonymous]OP - out of curiosity, I just entered our info into the Princeton net price calculator because I have heard that Princeton has amazing financial aid. We have an income of 365,000. If we had 3 kids in college at the same time (and I accounted for $150K in 529 plan) it found that as parents our would expected family contribution would be $36,300 (it also found the expected contribution for the fictional student at $3500) and that we would be qualified for 36K in financial aid. I am not saying that your children will go to Princeton, but some of the elite colleges with large endowments have amazing financial aid.[/quote] That's actually pretty absurd to get financial aid on that income because you choose to have three kids, pick an expensive college and not have saved for it.[/quote]
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