Reply to What does "we meet 100% of demonstrated need" really look like in numbers?

Forum Index » College and University Discussion

Reply to "What does "we meet 100% of demonstrated need" really look like in numbers? "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Schools are getting away with some very fuzzy wording, in may mind. Their idea of "demonstrated need" involves loans, definitely. Then they come away feeling good about themselves, but meanwhile they have saddled my child with loans she will have for year to come! I will say that the FAFSA calculator is pretty darn eye opening as to what they think we as parents are supposed to be able to contribute. I don't know how they think it's gonna happen, but for us with a combined income of just over 200K and another child in college, they expect us to contribute $30K per year for our rising college student. And they offered her $1K in work study and $5K in student loans. Total BS.[/quote]

30k EFC for 200k income seems generous, PP with HHI 180k has  80k EFC![/quote]

Our HHI is 110k and our EFC is 34k.  [/quote]

Do you have assets, inheritance, trust funds that are in disproportion to your HHI?[/quote]

No inheritance or trust funds.  But we lived fairly frugally and saved a lot.  The income is based on one income and a SAHP who left work a few year prior for caregiving for a younger kid with disabilities (my spouse's prior income was around 60k)--so we don't get the dual income reduction.  We're paying for college right now and we can afford it, so I guess they calculated it correctly.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics