Reply to How much do you make and how much FA do you receive?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We are a family of four and make about $200,000 but we also support my aging mother. Any chance of any FA? [/quote]

As others have commented, it depends on your total financial picture. We are a family of 4 with HHI of 220k and we are in our second year of receiving $10K in aid. Both of us have student loans in addition to helping my mother out each month with her rent. [/quote]

In other words, school parents paying full freight are subsidizing your mother. Fascinating.[/quote]

FYI: The financial aid application asks if families are supporting elderly parents. Its up to the school to give us aid based on our financial situation, not you and if you feel the school is not a good steward of your money, then send your kid elsewhere and be sure to ask at the open house how they distribute aid so that you are comfortable that no one is getting subsidized, but I suspect you won't have the balls to make such comments in public. [b]I don't view it as subsidizing my mother at all[/b], we presented our financial picture, they determined we can pay $50k out of pocket and we do. [/quote]

OK. You don't see it that way. I do see it that way. Facts speak for themselves, like it or not. [/quote]

I agree with you (new poster here).  Having loans and having an elderly parent to support may mean you can't afford private.  I agree that it's up to the school to decide, but I would not want to pay full freight because others are supporting parents or didn't aggressively pay down loans (as others may have to get to their current ability to pay full).  [b]Private is a luxury, plain and simple[/b].  Not everyone can afford luxuries (and we don't go private, by choice, but that's another conversation).  [/quote]

NO, IT IS NOT. SOME KIDS CANNOT MAKE IT THROUGH THE PUBLIC SCHOOLS - THE "FACTORY MODEL" OF EDUCATION. THEY GET LOST, OVERLOOKED, DEPRESSED, BORED, YOU NAME IT....THIS IS WHY PEOPLE ARE SO DESPERATE TO GET INTO GOOD PRIVATES. THANK GOD FOR FINANCIAL AID AND FOR THE SPIRIT OF GIVING, COMMUNITY AND GENORISITY THAT IS VALUED AT MOST INDEPENDENT SCHOOLS (APPARENTLY NOT YOURS, IT'S IN THE MINORITY).  [/quote]

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