<p>My family earns between 150k and 180k after taxes, I believe, but my older is still in school and they are paying about 18k for that each year. </p>
<p>So what do you think would be the most I could get from Northwestern considering this?</p>
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<p>This is Northwestern’s Net-Price calculator. Bear in mind that whatever aid you get for the years your sister will be school will be reduced once your sister gets out.</p>
<p>Also, colleges don’t care about how much money your family makes after taxes-- the figure they use is the adjusted gross income (with an addition for any retirement contributions necessary).</p>
<p>150k and 180k after taxes</p>
<p>After taxes? You need to include the AGI, which is BEFORE taxes.</p>
<p>Does your sister get financial aid, or is that her school’s cost? If she does get aid, what kind? Merit scholarship? loans? </p>
<p>Unless your sister goes to a HYPS-like school, your family’s expected contribution would be more than $18k for your sister’s school.</p>
<p>Actually, FAFSA does take into account taxes , as it does ask what they are and subtracts it out.</p>
<p>It would vary from school to school as to how a second student in college is handled. A lot of schools that use PROFILE simply takes the parental contribution and multiplies it by .6. FAFSA halves it. The each school adds the student contribution expected to that number. How the other student is getting his expected contribution met is up to him, and does not come into the picture. But I’ve heard that some schools want to know how much a parent is going to have to be paying for that other school, at times. It all depends , and I don’t know how NWU does this.</p>
<p>Her tuition and fees along with room and board are 18k (she goes to an in-state public school). And im not sure what the income is before taxes</p>