Should I write an appeal letter?

mom2collegekids
Mon, 21 Jun 2010 17:53:00 +0000

Yes, typically families with good incomes can expect to pay 1/4 - 1/3 of their incomes for family contribution. It could be much higher at a school that doesn’t meet need.

Obviously that’s not true for those who make la ow income. But, once a family makes a good income, then about 1/3 of any increases in income is expected to go to college expenses.

AGI = $75k
Estimated Expected Family Contribution (EFC):
TOTAL ESTIMATED FAMILY CONTRIBUTION: $13,261

AGI = $100k
Estimated Expected Family Contribution (EFC):
TOTAL ESTIMATED FAMILY CONTRIBUTION: $21,979

So, you can see that an $82k income is in between. Your family had a $19k increase in income…That’s a LOT.

Cornell is an ivy…Its endowment is probably much larger than BC’s

Again…when you want to go to a school that costs $50k per year and you’re not low income, why wouldn’t you think only having to pay $15k is a great deal? Remember, going to an expensive college is a luxury…not a right.

Look at it this way… Should BC only expect you to pay $9k per year ($36k total for 4 years) if a family earns $328k over those 4 years?

The primary obligation to pay for college rests with the family.