Reply to Making $220K - any chance for FA at DC Privates?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here - thanks for all the comments and insights from all perspectives. It's interesting that some people immediately think one is entitled because one makes a certain amount of money. Far from it. My husband and I each owned our own homes before we got married. We lived in one initially and rented the other. We bought a house in NE DC a few years later together that cost $200k and was not habital. No functioning electric, plumbing etc. we bought it with a 203k renovation loan which allowed us to do $100k worth of renovations. Some may know that making a 3 bedroom 1 bath home liveable costs more than $100k when one needs everything (and I mean everything - hgtv has nothing on us). We've made some of what we hope are wise choices and have lived extremely frugally throughout. I still drive my very first car out of college which was 15 years old last year. My husbands car is 11 years old. Entitled we are not. Determined to continue to make wise choices we are. Hence my post asking if we'd qualify for any FA as our neighborhood schools aren't quite where we'd like them to be.

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What I gather from your posting here, you just are cheap ("frugal") and don't want to pay the hefty price tag that comes along with private school. You want to get a deal on private school like you did your houses, car, etc.  You will not be happy paying for the tutition plus all the other expenses that will come along with private school.

If you really believe that high school is most important than why even bother sending your kids to private now.  Use public and supplement or pick a Catholic school and continue to save.

And yes, you are truly entitled.

I get FA for my child - single income, just under 6 figures, cheap, older car, renting a cheap, older house - plus little to no savings, no down payment for a house, no vacations, I barely even buy new clothes, can't eat out, - and the list go on. So you have no idea what it means to be frugal.  [/quote]

Op here - no I don't think you get me at all. I want to be sure that before we commit to something that we can afford it long term. So I don't want to start something and then two-four years from now realize we can't afford it. I don't equate my children's education to getting a cheap deal on something. I want to be sure we make the best long term choices for our family and our children's education.

You don't know where we've come from and what it's taken us to get where we are. Are you the only one who can claim they are frugal because of your specific circumstances? I don't want to get in a dcurbanmom tit- for-tat with you because I have no clue what your situation is. [/quote]

No, I get you just fine, really I do. You are very obvious.

Again, you are cheap.

You want to get a "deal" on private school just like you got a deal on the house, the car, etc.   If this was in fact not true, you would never even have considered the prospect of FA.  You can afford the school at full pay but you don't want to afford the school at full pay. You want a discount because you don't truly believe that the school is worth the tuition.

Don't do it.  The tuition is just the starting part.  There are other expenses and you will not be happy.  
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This is OP and this will be my last comment to this poster.[b] So what do you do pp when something goes wrong and you have no savings? When an aging parent needs assistance or if a spouse loses a job? We've had to deal with these types of things as most have or will have to at some point. Life happens.[/b] You seem to equate cheap to what others would consider sensible and prudent. My parents sacrificed and that is something we are doing for our kids. But our parents weren't faced with $60k plus per year for two kids starting in kindergarten.

To all the posters who've made good points I appreciate the perspectives. We would like to stay in the district if possible and selling one of the homes isn't an option. We'll see how our chances go with the lottery and see how we fare with the private school applications. I understand that the chance of getting FA from privates is slim to none and so we will factor that in to our planning and approach as well.

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I was a PP who makes $180K and sends 2 kids to private and has one with a nanny share. We have very little savings. DH lost his job last year and luckily found a new one relatively soon, but we lived pretty bare bones for a while, used what savings we could, and hoped for the best.

[b]If one of you lost your jobs, it seems like you could sell one of your properties, even at a loss, use credit cards, dip into savings, etc[/b].  You could also talk to the school and hope that they would help you out and be understanding until you get back on your feet.[/quote]

And many, if not most people are just not in a position to help aging parents.  That is a luxury and a privilege - like private school.[/quote]

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