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College and University Discussion
Reply to "Smart, underachieving kid, need merit aid, so frustrated!!"
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[quote=Anonymous]OP, have you run the Net Price Calculators at those schools to see if you're eligible for any need based aid? If middle class, these private colleges will accommodate, especially the ones that advertise as meeting full need. But maybe the notion of middle class is skewed in this area. But even a low award amount would get you down to 29K with merit aid too. Now add in a work study award as well, say 2.5-3K. Subtract out household expenses no longer necessary for your kid (grocery costs, car insurance perhaps, activity fees from high school ECs, etc). Assume your daughter will also contribute to living expenses/books/incudentals from her summer earnings. Then tack on that 5.5K unsubsidized fed loan if you need/want to, but you can probably get there without that. [/quote]
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