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College and University Discussion
Reply to "Do families with $250K in income get financial aid? If not, how do they afford college?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are at 250k with twins entering this year and got no FA. We have about 85k per kid saved which limited them instate options. We will take loans/bank roll the rest (total will be about 120k per kid for all 4 years.) [/quote] Which schools? We are well over 300K with twins and got aid/scholarship from ND and Northeastern. Paying little less than 40K for ND and little over 40K for Northeastern. They are are juniors. [/quote] Mason - tuition+room/board is about 30k/year.[/quote] The financial aid itself is a clue about where the admissions people think your kid belongs. Normal aid at a good private school below the tippy top will get a donut hole family will get the kid to within a few thousand dollars of the in-state cost of an expensive state school. No aid at a private school that has some aid means that the school thinks your cheapskate jerks who should pay up, or that your kid would be fine at the public equivalent. Great aid at a good private means the school thinks your kid would be better off at the private, or that the school is dying to get your kid. [/quote]
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