Bad Financial Aid, but...WHY?!

<p>alexsmol,</p>

<p>If you have mountains of assets hidden somewhere it would complicate things. If not … the new scholarship targets YOU. The anonymous donor wanted kids that don’t have much in the way of financial resources to be able to attend. We don’t have a lot of info on how it works because it is just going into effect. </p>

<p>A lot of the discuss on this thread has revolved around the expectation that parental assets (if available) can be borrowed against for college … and the parental sticker shock that ensues. Attending any college will require some financial pain your and your family’s part. But remember that pricey colleges with reasonable financial resources (and a big old 100k scholarship fund for low to moderate income students) may be a better bet than less pricey schools with less money to give.</p>