Reply to What Top 30 colleges give most aid to 250k families...

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]$250K families are getting merit aid at T30? Since when? [/quote]

I am OP and I ran a few calculators and you can get a lot of aid at Harvard and Princeton. The cost gets pretty close to UMD (we are in MD).

I got almost zero aid at, for example Carnegie Mellon. Since there are a lot of schools and we are still some year out of applying, I am looking for leads on other top schools where aid is available. [/quote]
I ran the NPC for CMU, and it came back at FEC $100K per year.  Our HHI was about $300K at the time.[/quote]

Guessing you have more than $400 of assets (not including retirement and primary residence)?[/quote]
We had a total of $200K in two 529s, one for another child, and cash savings of $200K *at the time*.

But CMU is like $80K/yr, and we have another DC right behind to pay for college.

two kids at $80K/year * 4 yrs = $640K.

But the NPC doesn't care about that.  I'm not saying it's unfair. I'm just saying those colleges don't give out much aid to people in our income bracket.[/quote]

Just to be clear you have 300k Household income plus 200k in 529 plus you had 200k cash at some point before college payments started and yet for some reason you cannot afford 640k, covering the difference with cash flow from your 300k income? Honest question. That does not add up. Or maybe you're just explaining why you did not get need based aid?[/quote]

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