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Reply to "The New America: Elite Privates forever out of reach for UMC?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I'm not seeing it. Our household income is $145,000. The net price calculators say our contribution at various private schools is under $300000 per year[/quote] NPC (the simplified version that asks only about half a dozen questions) significantly underestimates your expected contribution since it doesn't look at many forms of assets. When you fill out FAFSA you will get a shock when you see what it expects you to contribute.[/quote] But the NPC for each school is more accurate for their own expectations. We found them to be dead on the money. They need to be for private schools because if you opt to apply ED the way out of it is if the financial aid doesn't match what the NPC predicted. Private schools rely on the CSS profile and their own interpretation of it which has little to do with FAFSA.[/quote]
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