This is why we designate our gifts to anything except FA.

So you are happy to take FA while others bankroll your kids education and tut tut at the "haters" who question why they should subsidize your kids tuition? I wish I'd been balsy enough to apply for FA on our income.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

You save over $10K a year in emergency funds and accept financial aid?

In fairness, a fair amount gets eaten by household/car emergencies. Balance usually fluctuates between $6-9k.

If you think that's excessive, you've a right to your opinion. But demanding that families keep no savings account is the same as demanding that their kid drop out of school the first time the car breaks down/furnace dies/etc.

+1
You sound like a nice and responsible family trying to do the best you can. And clearly your school doesn't have an issue with the idea of you, gasp...swoon, daring to try and have a small buffer in case of an emergency while accepting FA. The poster who took issue with this is one of those FA recipient haters who begrudges anyone who can't pay full tuition anything beyond the bare minimum of subsistence. Luckily, the rest of us are not stuck on some twisted Dickensian world view of "the poors" on FA.

+2!!!!!!

Anonymous wrote:I reapect that this family only has one kid at their income. It pisses me off when a family with this income has three kids and expects FA. If you had fewer kids, maybe you could afford them. Please excuse my daily vent. Just saw a mom at our school who is expecting #3 and she's told me they get a significant amount of FA. I pay the full amount. Would never be anything but nice in person, but on an anonymous board, I can say, it pisses me off a little.

I actually have a problem with people like you.
Don't pretend to be nice in person and then trash the person behind their back. It's clear to me this board is full of a bunch of hypocritical fake people that don't have the balls to own their true feelings. The woman isn't on welfare! It's friggin FA from a private school that decided she and her children where worth investing in! All of you selfish ass self-righteous people are nothing but a bunch of jerks!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Those of us who are sensible knew enough to know it was possible.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

You save over $10K a year in emergency funds and accept financial aid?

In fairness, a fair amount gets eaten by household/car emergencies. Balance usually fluctuates between $6-9k.

If you think that's excessive, you've a right to your opinion. But demanding that families keep no savings account is the same as demanding that their kid drop out of school the first time the car breaks down/furnace dies/etc.

+1
You sound like a nice and responsible family trying to do the best you can. And clearly your school doesn't have an issue with the idea of you, gasp...swoon, daring to try and have a small buffer in case of an emergency while accepting FA. The poster who took issue with this is one of those FA recipient haters who begrudges anyone who can't pay full tuition anything beyond the bare minimum of subsistence. Luckily, the rest of us are not stuck on some twisted Dickensian world view of "the poors" on FA.

I reapect that this family only has one kid at their income. It pisses me off when a family with this income has three kids and expects FA. If you had fewer kids, maybe you could afford them. Please excuse my daily vent. Just saw a mom at our school who is expecting #3 and she's told me they get a significant amount of FA. I pay the full amount. Would never be anything but nice in person, but on an anonymous board, I can say, it pisses me off a little.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

You save over $10K a year in emergency funds and accept financial aid?

In fairness, a fair amount gets eaten by household/car emergencies. Balance usually fluctuates between $6-9k.

If you think that's excessive, you've a right to your opinion. But demanding that families keep no savings account is the same as demanding that their kid drop out of school the first time the car breaks down/furnace dies/etc.

Cry me a river. LOTS of full pay families keep less savings so you can take your FA. I guess they are just foolish not to be applying.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

You save over $10K a year in emergency funds and accept financial aid?

In fairness, a fair amount gets eaten by household/car emergencies. Balance usually fluctuates between $6-9k.

If you think that's excessive, you've a right to your opinion. But demanding that families keep no savings account is the same as demanding that their kid drop out of school the first time the car breaks down/furnace dies/etc.

My former BF, a widower, had 2 kids at a top DC private. He made about 150k/year, had a mortgage of about $350 k on a house worth about 800k and had no significant assets beyond his 401k. His kids both received some financial aid. Not sure how much: I think it was not trivial but not a full scholarship. My sense was that it covered about a third of tuition. His parents helped with the rest.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

You save over $10K a year in emergency funds and accept financial aid?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

I don't mind answering polite questions. We save $850/mo in our emergency funds, and $250/mo in 401k plus employer contributes $500. Only one kid and won't be having any more. They've upped tuition every year, but they've also upped our FA so our actual increase has been around $100/year, which is fine. We don't have college savings at the moment, and feel okay about that, because if our income doesn't increase our college EFC (estimated family contribution) probably won't be a ton more than our current EFC -- and if our income does increase, we'll use every penny towards college costs. We're also 100% fine with sending kid to a state school if that's what we can afford.

Do not own house outright, but our mortgage is crazy low (bought cheap in early 2000s. It's not worth a ton now, so don't be too jealous, but it's a nice place to live). No credit card debt.

I think our health insurance runs around $200/mo, I'd have to check my pay stub. Employer pays a lot of it.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!

Do you save any money? Have more than one kid? What if they up tuition at your school? I am only being nosy because this is an anonymous forum and you volunteered. We have a hhi that is much higher than yours, but aggressively save for retirement and college,
So our monthly budget is pretty tight. That said, it would be hard for us to meet your budget. Do you own your home outright? WhAt are your health insurance costs?

Does the school's tuition assistant different from ADW? I just received an email stating they are unable to offer aid.

Anonymous wrote:

Anonymous wrote:HHI $100k, receive 60% FA.

How can you afford to live? Not being sarcastic

The economic policy institute has a family budget calculator that estimates a family with 2 adults and one child needs $83,675. http://www.epi.org/resources/budget/

60% of $30,000 (typical private school tuition around here) is $18k

83675+18000 =$101,675.

Hi, just saw this -- I'm the one you're referring to.


First of all, since we receive 60%, we pay 40% (actually we get 62%, pay 38%). So call us $11,400.

As to how we live... We were paying $950/mo for daycare before DC started private school (which I think isn't unusual) so we just turned around and started paying that in tuition instead. I don't know what else to tell you! We live in a townhouse in an unfashionable (but pretty safe) area, have one car and vacation modestly. We don't feel poor, and have some emergency savings.

It's all what you're used to, I suppose!