Some aid questions
Hello. I was admitted to the class of 2028, but the maximum my parents can afford to pay per year for my college is 40k. This makes going to WashU impossible unless I want to be $200k in debt.
However, our household combined income is around $300k, making it highly unlikely that we will be able to get significant aid.
I put our info into the aid calculator (the more detailed one) and it said we can expect $15-20k per year of aid. I don’t think I’ll be able to attend unless we get about $25k.
So, 3 questions:
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For people with similar family incomes, how much aid were you offered, if any? I know there’s a lot more factors than that, but I would really like to get an idea.
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How accurate is the finaid calculator?
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How difficult is it to appeal for more aid, and if you do, how much do they typically increase it by?
Any answers would be much much appreciated. Thank you.