Financial Aid for Upper-Middle Class

momofthreeboys
Fri, 16 Nov 2012 20:05:53 +0000

^^which is why parents need to figure out how much they are willing to pay. In spring 2007 S1’s packages were all tightly clumped. In spring of 2010 they were all over the place for S2. I have no idea how S3’s will look this coming spring, but it doesn’t matter because each kid had a budget to work with they we set. That’s what’s important. Also my advice, be conservative. My H is retired and I DID lose my job during the auto industry crisis for over a year…guess what…our aid didn’t change substantially with the exception of a Perkins loan for two aid cycles and our taxes were horrendous due to lump sum severance… What you can afford is more important than what you guess the colleges might cost so don’t let your kiddo get too focused on one college and be honest with the kiddo about what you can afford.