How To Pay For Private Colleges?

NJFabFour
Thu, 04 May 2017 02:16:49 +0000

@RoseBellore If you’re a family of at least 4 and your parents’ Adjusted Gross Income on their taxes is $80,000 with no other considerable assets such as significant savings or properties, etc., then your family should qualify for a significant amount of need-based aid, especially if your sister will also be a full-time student for the 4 years you are attending school. Your challenge will be to carefully select schools that will meet a large portion of your family’s need. State schools traditionally offer little or no money toward need. They offer merit-based scholarships but only to outstanding applicants. Like others said, run the net price calculators, especially for the private schools, they should give you a rough idea about the amount of financial aid the school will provide for you and what your net cost should be. They won’t be hard and fast figures, but they should be in the ballpark of what your costs will end up to be.