I’m an international student from a developing country, applying to top universities. However, the biggest part of my parent income goes to education (around 75%). We’ll be 3 in college next year. Would it be better if a small part was for education?
I doubt it matters what your parents choose to spend their money on. Your need based aid will be based on family income and assets…and number of your siblings in college at the same time as you…AND the aid awarding policies of the colleges.