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College and University Discussion
Reply to "Which private colleges have the best financial aid for donut hole families?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Out of curiosity, I typed my numbers into Rice's NPC ($180k HHI, $425k home equity, $80k cash, $170k nonretirement investments including $65k in a 529). Student and Parent Contribution: $65,700. I noticed that they don't ask separately for 529 and non-529 accounts. Apparently, they don't care since they want all my money anyway over 4 years. But at least they wouldn't make me take out a home equity loan. Here's something! [/quote] My question is, once you exhaust the 529 and cash, will you get aid? Does anyone know how this works?[/quote] Generally, they will end up qualifying for subsidized loans, nut little else. [/quote] To the pp - how do you know this to be the case? How can they expect a family that spent down all its savings to pay? [/quote]
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