Advice Please: Narrowing Colleges

calmom
Sat, 10 Mar 2007 20:00:14 +0000

Bookworm, Princeton is not going to be any better for the family in the $75K+ range.

The bottom line is that the families finances do not qualify them for the type of need-based aid that is going to make paying for college easy.

It isn’t a matter of the school’s reputation for generosity. It is a matter of the way all colleges determine financial “need” and the amount of need-based aid the family qualifies for. The gap between what the family is comfortable with paying and what the financial aid office says they ought to be able to pay can be considerable.