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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] Assets matter just as much as income, if not more.[/quote]
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