financial aid question

Parent Cafe
1

<p>We are just starting the college process and played with FASFA and it seems to me the upper middle class gets screwed when it comes to financial aid. Any advice? We have just scratched the surface but it is already scary when it comes to the finance piece. Any tips would be appreciated!</p>

2

<p>All the advice I can give you at this point is:</p>

<ol>
<li> Review this thread; colleges do not see the world the way we humans do.</li>
</ol>

<p><a href=“http://talk.collegeconfidential.com/parents-forum/492777-swallows-capistrano-financial-aid-myths-realities.html?highlight=swallows[/url]”>http://talk.collegeconfidential.com/parents-forum/492777-swallows-capistrano-financial-aid-myths-realities.html?highlight=swallows&lt;/a&gt;&lt;/p&gt;

<ol>
<li> Do the best you can to prepare yourself to get screwed. I can assure you that you will have lots of company.</li>
</ol>

3

<p>The upper middle class doesn’t get screwed. They have 6 to 8 times the assets of those at the median income levels, have access to loan resources, home equity, past savings, and future earnings expectations, virtually all of which are unavailable to middle income folks.</p>

<p>Yes. If you are trying to pay for college out of current earnings, it MAY be uncomfortable. But NO college that I know of expects anyone to pay for college out of current income.</p>

<p>Give thanks. It could be a lot (and I mean, really a lot, worse.) Does you kid have to enlist as his only hope for a college education?</p>

4

<p>You might want to post your query in the financial aid/scholarship section of this forum. There are a number of threads related to your question there.</p>

5

<p>Oh, dear God, no . . . another thread like this {runs screaming in the other direction}.</p>

6

<p>^^^^^^^^^^^
Everyone has a sob story.</p>