This is all such a bizarre pissong contest. First, do they like your kid enough to admit them and then "but do they really like your kid --enough to give them aid"

Anonymous wrote:

Anonymous wrote:We have a 360k HHI with soon to be 3 in private. We asked for aid, but got zero. We also have little savings, but we own two homes. I guess the school would prefer large savings, but only one house.

You have a comfortably salary and two homes. You need to reduce your expenses.

I am shocked you applied.

Anonymous wrote:

Anonymous wrote:People who claim familiarity with the finances of "close friends" should have their statements taken with a grain of salt. Unless you are in that family, you have no idea if your friends are lying or withholding vital information. Just like those images of happy couples on FB who end up divorced much to everyone's shock, you really, truly have no idea what goes on behind closed doors. No idea. I've lived in DC for three decades and the city has becoming much, much more flashy. People are in debt up to their eyeballs keeping up with the Jones.

This!!!

No, you don't know the nitty gritty but many people have public salaries. It's more likely that you'll under estimate someone's salary than overestimate.
We have friends who just applied to and received aid for one kid at a Big3. One fed salary, a second that is easily findable online. HHI $400K+, home value $2 million+ (I know because they are a neighbor), second home rented out (not sure of price).
Sure, maybe they have a pile of debt but they also just put an addition on the house to the tune of $400K.
Who the heck knows. But they are just one of many families I know that receive "aid" with very, very decent assets. I know because I'm at this income level. Most of my friends have household incomes right over $400K. Quite a few receive "aid." If a school wants a kid, they will offer up all sorts of aid.
Again, there is no rule that they can only offer aid to the destitute. It is a complete and utter fallacy that makes other parents (those who pay full tuition and especially those who donate) feel better. But these schools are accountable to no-one regarding who they give aid to.
Aid decisions are kept within a very, very small group of people and they're kept confidential (as they should be).

Anonymous wrote:So presumably, at a HHI of $300K with TWO kids in private, we should get some aid?

yes, you will very likely get some aid.

Anonymous wrote:People who claim familiarity with the finances of "close friends" should have their statements taken with a grain of salt. Unless you are in that family, you have no idea if your friends are lying or withholding vital information. Just like those images of happy couples on FB who end up divorced much to everyone's shock, you really, truly have no idea what goes on behind closed doors. No idea. I've lived in DC for three decades and the city has becoming much, much more flashy. People are in debt up to their eyeballs keeping up with the Jones.

This!!!

Anonymous wrote:

Anonymous wrote:Does anyone with a net household income of $150K - $200K receive financial aid at a private/independent elementary or middle school? How many kids are you paying tuition for and what kind of financial aid package have you received?

I’m just curious since you’re receiving financial aid
do you go on fancy vacations and have a house cleaner?

We don't currently receive financial aid. We have no family help. We don't go on fancy vacations or have a house cleaner. We live simply, save, and don't spend money on anything fancy.