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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]So her parents pay her kid’s tuition but they get FA? WTH? [/quote]

Because they FA is based on their income/assets and not the grandparents. This is common. Middle income parents qualify for the aid, grandparents then pay the bill. [/quote]

Gaming the system, this seriously rubs me the wrong way. Wow.[/quote]

Don't private schools get to establish their own FA policies? Why get mad about this? [/quote]

Because private schools are always pushing for contributions from current parents to fund financial aid. This woman is having her parents pay reimburse her for her kid's tuition, that is income. Is she disclosing that? Is she disclosing ANY of her parents' financial contributions to her school? Because all of those "gifts" are income. I am not ok with the thousands of dollars I give to my kids school annual fund to use to subsidize a family like this, a family that gets money from grandparents to pay for a car, a house, a wedding, their college, and probably many other extras. A family that WFH but dilly dallies all day.

I read the comments of the refinery article and see that the woman is reading them and frequently responds. I suspect she is also on this thread, defensively responding to justify her position. Over and over again. It is obvious.

So here is what she wrote in the money diary article comments in response to someone asking her why she gets financial aid for her kid's private school. Yeah, in her own words:

[b]"When you apply for financial aid, it's similar to applying for a mortgage. You have to disclose all income, savings, and investments. In addition, there is an extensive questionnaire regarding your spending (vacations, country club memberships, car/boat payments, etc.). Everything gets put into a software system, and the computer more or less decides what you can afford. From there, the school makes their admission decisions based on the financial aid available and who needs it.
To the point about someone with a higher salary qualifying for financial aid, I think this gets at the not-so-secret secret of private schools. Yes they want diversity, but they want diversity on their terms. The admissions team really doesn't want an influx of people who are actually poor, so the financial aid goes to people who can't quite be full-pay, but who fit in with the other parents at the school."[/b][/quote]

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