Reply to 250k household income - did you receive any aid in financial aid packages?

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[quote=Anonymous][quote=Anonymous]The new provision in the FAFSA about not counting multiple kids makes it really challenging for families with HHI of 200,000 to 250,000. I feel like the rules of the game changed. When we ran numbers of saving for college we always counted that it was a total cost of college by number of kids in college. We have kids one year apart and the oldest is young for his grade. We have always planned for a gap year. Both our kids will be in college at the same time.

So even for public our expected contribution is around $45000. So maybe doable with one child but not with two kids. We didn't used to make so much money and because housing is so expensive we weren't able to save any money for college. If we are expected to pay $90,000 a year it makes more sense for my spouse who makes 95,000 to not work for the years the kids are in college.  [/quote]

You were never going to qualify for federal financial aid of $45000 anyway. You would have needed 8 students in college to qualify. The new calculation has no effect on you. [/quote]

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