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Reply to "Top 3 financial aid"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There’s so much misunderstanding and bad information on here about Financial Aid, it’s amazing. Their websites frequently outline their Financial Aid programs. They will show the total amount of FA given, how many students receive FA and what the average FA grant is. The average amount of FA is important since half of all recipients get less than the average amount. That’s just how statistics work. Very large FA packages that would enable “poor” people to attend do happen, but they are rarer than hen’s teeth. A typical FA statement might be, “25% of students receive FA packages that average half of tuition”. That means at least half or more of FA recipients, still have to pay 50% or more of the tuition. [b]Most FA isn’t for poor people. It’s for those that have a hard time affording full tuition and need a discount to make it work[/b].[/quote] Agree with this 100%. I know we all like to think that our AF dollars are going to some poor but brilliant kid from SE. I work with the poor on a daily basis as a youth case manager. 99.9% of these families have no interest in having their kid attend Sidwell with a cohort of mainly high achieving (and almost uniformly wealthy including some staggeringly so) white and Asian kids. As in, that a worst nightmare scenario in their minds. Also, how do they get their kid to school on a daily basis? how do they support their kid in this type of environment when they themselves have a 9th grade education (which an incredibly large percentage of the poor in DC do)? Is is so much more complex than tossing a 95% aid package their way. [/quote] Many would but they need 100% aid and that’s not going to happen. [/quote]
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