Anonymous
Post 08/05/2022 09:12     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not enough. Schools are typically more generous with financial aid in HS, so maybe try again then.

This is what I am seeing. Why is this the case? Is it because sports are more competitive in high school?


Easier to budget for a student who needs significant aid for only four years vs ten or more.


PP was also correct about the sports part. DS has teammates whose families have assets joking about the amount of aid they get at different schools. This is for boys who will likely play D1 basketball.


yes, the basketball kids at aid, irrespective of income.
At our Big3 school their families often drive luxury cars and yet they do not pay tuition.

They pay something if they have money.
Anonymous
Post 08/04/2022 13:11     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The problem there is that with a HHI of $130k, she will need close to full aid and schools don't give out that many full ($50k) aid packages.


Another reason to choose a less expensive school. Cast a wide net. Would the kids be in preschool, elementary, middle or HS?


Disagree. The more expensive the school, the more likely they have more $ to work with. That was our experience.

+1
Anonymous
Post 08/03/2022 19:40     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:The problem there is that with a HHI of $130k, she will need close to full aid and schools don't give out that many full ($50k) aid packages.


Another reason to choose a less expensive school. Cast a wide net. Would the kids be in preschool, elementary, middle or HS?


Disagree. The more expensive the school, the more likely they have more $ to work with. That was our experience.
Anonymous
Post 08/03/2022 18:41     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:Stick with public. They will not get enough aid.


Some schools give full.


That’s extremely rare.
Anonymous
Post 08/03/2022 14:45     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not enough. Schools are typically more generous with financial aid in HS, so maybe try again then.

This is what I am seeing. Why is this the case? Is it because sports are more competitive in high school?


Easier to budget for a student who needs significant aid for only four years vs ten or more.


PP was also correct about the sports part. DS has teammates whose families have assets joking about the amount of aid they get at different schools. This is for boys who will likely play D1 basketball.


yes, the basketball kids at aid, irrespective of income.
At our Big3 school their families often drive luxury cars and yet they do not pay tuition.
Anonymous
Post 08/03/2022 14:15     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not enough. Schools are typically more generous with financial aid in HS, so maybe try again then.

This is what I am seeing. Why is this the case? Is it because sports are more competitive in high school?


Easier to budget for a student who needs significant aid for only four years vs ten or more.


PP was also correct about the sports part. DS has teammates whose families have assets joking about the amount of aid they get at different schools. This is for boys who will likely play D1 basketball.
Anonymous
Post 08/03/2022 14:12     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:Not enough. Schools are typically more generous with financial aid in HS, so maybe try again then.

This is what I am seeing. Why is this the case? Is it because sports are more competitive in high school?


Easier to budget for a student who needs significant aid for only four years vs ten or more.
Anonymous
Post 08/03/2022 10:35     Subject: Financial aid

Anonymous wrote:OP, there are many families receiving large aid awards. She should apply. DCUM doesn't get to tell her no. If the children are desired by the school, they will make it happen.

I know a family at a good K-8 school that had 3 kids and we paying about $5k per kid (total family contribution $15k) at a school where tution was between $33-39k/yr.

The kids are multiracial, precocious and very bright, and also attractive too, so they were wanted by many schools. Checked a lot of boxes.

Sounds like you have a better chance of getting into a k-8 with aid than k-12 if not in high school.
Anonymous
Post 08/02/2022 23:12     Subject: Financial aid

Anonymous wrote:Stick with public. They will not get enough aid.


Some schools give full.
Anonymous
Post 08/02/2022 22:57     Subject: Financial aid

OP, there are many families receiving large aid awards. She should apply. DCUM doesn't get to tell her no. If the children are desired by the school, they will make it happen.

I know a family at a good K-8 school that had 3 kids and we paying about $5k per kid (total family contribution $15k) at a school where tution was between $33-39k/yr.

The kids are multiracial, precocious and very bright, and also attractive too, so they were wanted by many schools. Checked a lot of boxes.
Anonymous
Post 08/01/2022 20:47     Subject: Re:Financial aid

More likelihood of FA recipient graduating from their school, fewer years of paying so able to rotate money to others more quickly (since FA is given to returning applicants first), more defined skills and talents, etc.

That being said, my DC is the recipient of more that 75% aid for an early entry grade so it's worth looking into.
Anonymous
Post 08/01/2022 20:32     Subject: Financial aid

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Not enough. Schools are typically more generous with financial aid in HS, so maybe try again then.

This is what I am seeing. Why is this the case? Is it because sports are more competitive in high school?


Because frankly a high school scholarship kid can give back to the school through their talents: they can get people in the seats for theatre productions, ball games, etc (and can also get alums excited). They can be written up in the newsletter when they win a debate tournament etc.
A young scholarship kid just takes from the school. The only thing they potentially contribute for years is diversity for promotional pictures.


1) The kid's talents are more obvious and useful, and 2) it's only 4 years of scholarship

Safer to invest in 4 promising 9th graders vs 1 maybe-promising kindergartener.
Anonymous
Post 08/01/2022 19:56     Subject: Financial aid

Anonymous wrote:Stick with public. They will not get enough aid.


Maybe not but OP give it try.