Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:We have given every year, but now that I realize that it goes for FA, I am not enthused. We are full pay on a government salary, and apparently FA is going to folks making more than we do. I would rather give money to a charity.
+1
I was all for it and did my part when I thought it covered the gap between tuition and actual costs. I thought the school action funded FA. We are same as above and making sacrifices to go independant so it is frustrating when I find out someone is on FA (they shared this info it is not gossip) and has a 1+ million dollar house and goes on multiple vacations every year. I would rather spend my charitable contributions elsewhere.
I am certain that the case described above is an exception and not the rule. Further, you should understand that the draw from endowments at these schools often offsets some of the cost that full fee paying parents are covering. And the endowments only exist because of the generosity of others. So before you get high and mighty about not contributing to FA, remember that most families that receive are actually needy and you are also the beneficiary of the largess of others.
The family that I know on FA is t needy, they live in A really good public school District, but want to send their kid to private because they don't like public schools and they don't make a lot of money in their professions. Certainly not needy. They live in a really fancy zip code (though in an apartment) and have three kids. They went to private themselves, but chose low paying professions, and now they are using the financial aid Dollars that you think are going to "needy" people. They are smart and nice people, but not "needy." They had every opportunity in the world, but chose low paying professions.