Is it income only and doesn’t include assets? We always figured that we wouldn’t get aid because we have significant assets, but will likely be retired or semiretired when the kids go to college. Would we still qualify for these programs if we lived instate and had a low enough income? Or, does it still use the FAFSA and exclude people based on assets.

Anonymous wrote:

Anonymous wrote:Wow! I wish this existed when I went there!
My sweet blue collar parents took on debt for me, I had a small loan, and I did have a partial scholarship that was allocated to NC students.
But this is awesome!

It really isn't. Would it kill these kids to take out a small loan like you did? And/or get a job?

students on need based financial aid will have work-study as part of the package, at Wake and almost every school. This new "deal" is need based aid, with a generous cutoff. Heck my full pay kids have campus jobs as do most of their friends, on aid or not.

Anonymous wrote:North Carolina doesn't tax pensions, either. Early retirement with a pension in NC shortly before kids are college age sounds good.

That's what our neighbors did about 15 years ago, moved to NC before the kids junior year because they knew she wanted to go to a NC school.

Who is paying for these then?

North Carolina doesn't tax pensions, either. Early retirement with a pension in NC shortly before kids are college age sounds good.

Anonymous wrote:Emory has the same problem as Wake. It had a hard time competing with UGA and GA Tech for top Georgia students.

Yes, and that is amplified by the fact that strong students can get the HOPE/Zell Miller scholarship and go to UGA/GA Tech (or whatever other GA state school they fancy) for free or a very reduced amount. Not logical to choose Emory unless you have a TON of money to burn