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Reply to "What kind of income receives financial aid?"
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[quote=Anonymous][quote=Anonymous]We make 110,000 and recieve aid.[/quote] This is so interesting ... particularly the follow-up note that this poster receives aid equivalent to 60 percent or so of tuition. I make $110K as a single parent ... I just submitted my parental financial statement and the SSS calculates that I can pay roughly 90 percent of tuition at the more expensive schools. Perhaps its my home equity -- I bought my two-bedroom rowhouse in the late 90s -- but given that we're already in a small two-bedroom, downsizing to pull out equity doesn't hold much appeal (or feasibility). Or could it be my retirement savings? Anyway, if my child gets in to any of the schools she's applying to, it will be interesting to see if we get aid at all, much less aid on the scale of this poster.[/quote]
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