Reply to Finacial aid at 350K HHI with high mortgages and nanny

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]As a family on the receiving end of FA at a private NOVA school,  I can honestly say that OPs situation and question is not as ridiculous as it sounds and yes, there are people like their family receiving aid.

So to the OP, go ahead, fill out the app, submit it and see what happens. No one will laugh at you and no one will say anything to you publicly.

They might not provide anything on the first go around but instead tell you to wait until after their commitment date for when they will find out if anymore aid is freed up.

[/quote]

As a donor I would not continue to donate if I found out a family in this income bracket was receiving financial aid.[/quote]

I am sorry to tell you that it wasn't an unusual situation at all.

There are not going to be an truly very poor people attending your kid's private school.  The reality is most of the people are going to be a minimum of $100K income and occasionally those with lower incomes who are super highly educated (think non profit work, teachers etc).  The rest of the people requesting aid are going to be those with 6 figure incomes who have mitigating circumstances such as a drop in salary, heavy debts, medical costs, etc.

Keep in mind that smaller privates like the ones in VA really are only giving full aid to a handful of students. The rest are getting a percentage of anywhere between 10 and 75%.  [/quote]

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