Interesting "formula" for Financial Aid

Linda_S
Tue, 06 Nov 2007 13:41:55 +0000

That’s exactly what I thought Stef. St. Paul’s for example says a family earning $60,000 typically qualifies for FULL tutition support. Using this method, they would have to pay 30%.

The other thing it says is if the amount is too much, then chose a less expensive school. Well, they are all pretty much the same (within a couple thousand dollars).

I think for SOME it may be more favorable (like those with a ton of assets and no other kids in school) and for others it is not.