Reply to High income but 3 kids in college at once- financial aid

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[quote=Anonymous][quote=Anonymous]OP knows that he/she is well off but they are looking at a very high bill when they have 3 kids in college.  What is the crime in asking the question?

The OP will not be receiving any need-based free (grant or scholarship - never pay back money) financial aid at any public institution.   Full stop.

The OP's children may be awarded:

(1) merit aid at a private or public institution - meaning free money that is not based on financial need but based on a value the school places on that student attending the school.
[b](2) need-based aid at a well endowed private institution. [/b] This is money that is not paid for with public funds at institutions that charge an outrageous amount of money but also provide support for families that may be more generous than public institutions.

Absolutey NONE of this money is negatively impacting another family of any income range.  If OP's kids qualify for any such money it will be because they are academically qualified.

Why all the rage that OP asked the question?[/quote]

Only OP will know if the bolded is true by filling out the net price calculator at each well-endowed private school website.  My hunch is that the answer will be no need based aid.[/quote]

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