Anonymous
10/29/2019 21:49
Subject: Maximum HHI for obtaining financial aid?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Hi, OP here. No troll post. No significant assets, substantial college debt and mortgage. HHI above 200K, but not substantially. Possible promotion next year (+50K).
Full pay for Catholic schools. Big 3 maybe a different story. Is your DC highly sought after (ie music, sport, and etc).
Yes, sports (very good in general and in one in particular).
This means you think we have more chances of getting financial aid from a Big 3, right?
Anonymous
10/29/2019 21:47
Subject: Maximum HHI for obtaining financial aid?
Anonymous wrote:Anonymous wrote:Hi, OP here. No troll post. No significant assets, substantial college debt and mortgage. HHI above 200K, but not substantially. Possible promotion next year (+50K).
Full pay for Catholic schools. Big 3 maybe a different story. Is your DC highly sought after (ie music, sport, and etc).
Yes, sports (very good in general and in one in particular).
Anonymous
10/29/2019 20:12
Subject: Maximum HHI for obtaining financial aid?
Anonymous wrote:Hi, OP here. No troll post. No significant assets, substantial college debt and mortgage. HHI above 200K, but not substantially. Possible promotion next year (+50K).
Full pay for Catholic schools. Big 3 maybe a different story. Is your DC highly sought after (ie music, sport, and etc).
Anonymous
10/29/2019 20:07
Subject: Maximum HHI for obtaining financial aid?
Hi, OP here. No troll post. No significant assets, substantial college debt and mortgage. HHI above 200K, but not substantially. Possible promotion next year (+50K).
Anonymous
10/29/2019 19:00
Subject: Maximum HHI for obtaining financial aid?
When we made $80k, we were expected to pay around $9k/yr. When that went up to $140k, we were expected to pay around $20k/yr.
We were and are deeply grateful, and hope that someday not too far off we’ll be able to pay the whole tab.
We were and are deeply grateful, and hope that someday not too far off we’ll be able to pay the whole tab.
Anonymous
10/29/2019 09:23
Subject: Re:Maximum HHI for obtaining financial aid?
Folks: This is a troll post. Please move on...
Anonymous
10/29/2019 09:20
Subject: Maximum HHI for obtaining financial aid?
It seems like most of the schools we have looked at have encouraged parents to apply up to 200K in income. I would suggest you apply even above that if you don't have significant assets.
Anonymous
10/29/2019 09:18
Subject: Maximum HHI for obtaining financial aid?
Don’t expect others to pay for you. Do YOUR job and carry your own weight!!
Anonymous
10/29/2019 09:14
Subject: Maximum HHI for obtaining financial aid?
Anonymous wrote:Troll post
huh???? I dont see why you feel they are a troll. Legitimate question.
Anonymous
10/29/2019 08:22
Subject: Maximum HHI for obtaining financial aid?
Troll post
Anonymous
10/29/2019 05:46
Subject: Maximum HHI for obtaining financial aid?
Anonymous wrote:OP, can you clarify? Are you asking what the maximum HHI is to qualify for need based aid at a metro DC private school? If so, the answer is “it depends.” This topic is raised periodically on DCUM and people will start saying they are receiving or not receiving aid at varying levels. Yes, the modelers do have algorithms that they provide to the schools with the application, but in the end folks with the same HHI are offered aid at varying levels or at all from school to school.
This topic has not been raised for some time so you may spark some internet, which is always entertaining. However, if you are unsure whether yoir family will qualify, the only real way to know is to apply - and should you be offered admissions but low or no aid, be sure to talk to the FA manager (sometimes the finance manager), let them know you can only accept with aid and see how that effects the outcome. Anecdotal evidence seems to indicate the initial award is only a starting point, open for discussion.
One final point - if you are looking at the more competitive schools, you think you may be borderline eligible, and your child is a borderline candidate with strong interest, DO NOT apply for aid - in that situation applying guarantees you a waitlisting...
Good luck!
Not completely true. Everyone I know who goes to Big 5 are on substantial FA. Depending on circumstances it doesn’t sway admissions.
Anonymous
10/29/2019 01:12
Subject: Maximum HHI for obtaining financial aid?
OP, can you clarify? Are you asking what the maximum HHI is to qualify for need based aid at a metro DC private school? If so, the answer is “it depends.” This topic is raised periodically on DCUM and people will start saying they are receiving or not receiving aid at varying levels. Yes, the modelers do have algorithms that they provide to the schools with the application, but in the end folks with the same HHI are offered aid at varying levels or at all from school to school.
This topic has not been raised for some time so you may spark some internet, which is always entertaining. However, if you are unsure whether yoir family will qualify, the only real way to know is to apply - and should you be offered admissions but low or no aid, be sure to talk to the FA manager (sometimes the finance manager), let them know you can only accept with aid and see how that effects the outcome. Anecdotal evidence seems to indicate the initial award is only a starting point, open for discussion.
One final point - if you are looking at the more competitive schools, you think you may be borderline eligible, and your child is a borderline candidate with strong interest, DO NOT apply for aid - in that situation applying guarantees you a waitlisting...
Good luck!
This topic has not been raised for some time so you may spark some internet, which is always entertaining. However, if you are unsure whether yoir family will qualify, the only real way to know is to apply - and should you be offered admissions but low or no aid, be sure to talk to the FA manager (sometimes the finance manager), let them know you can only accept with aid and see how that effects the outcome. Anecdotal evidence seems to indicate the initial award is only a starting point, open for discussion.
One final point - if you are looking at the more competitive schools, you think you may be borderline eligible, and your child is a borderline candidate with strong interest, DO NOT apply for aid - in that situation applying guarantees you a waitlisting...
Good luck!
Anonymous
10/28/2019 23:25
Subject: Re:Maximum HHI for obtaining financial aid?
Race and sports have nothing to do with need based aid. For need based aid you might get 10K at a 70K tuition private at 130K HHI.
Merit aide there aren't limits but competitive privates typically don't give merit aide and if they do it's small (1K).
State school you could get a full ride.
Merit aide there aren't limits but competitive privates typically don't give merit aide and if they do it's small (1K).
State school you could get a full ride.
Anonymous
10/28/2019 23:22
Subject: Maximum HHI for obtaining financial aid?
Which school? Is this an "and" or an "or"?
Anonymous
10/28/2019 20:30
Subject: Maximum HHI for obtaining financial aid?
I would add: when your child is an elite sportsman or from a very underrepresented racial/ethnic group.
Thanks.
Thanks.