Urgent!...College Suggestions...

mom2collegekids
Thu, 30 Dec 2010 18:34:34 +0000

Greek…

I have to ask…you say that your family can afford about $35k per year (for tuition plus living expenses and travel)…so…that may suggest that if your parents fill out FA paperwork, schools will deem that your family’s income/assets are too high for aid.

Aid isn’t given just because families feel that they can only pay X amount. Aid is based on income/assets and need is determined by the colleges. Often when a family says it can afford to pay $30k+ per year, colleges will say that they can afford to pay more.

I don’t know how some of these smaller schools do aid for int’ls…but it would seem weird that if a domestic student with the same need (say $20k in need) applies for aid, he’s given $5500 in loans and maybe $2500 in work study and a $12k grant, but an int’l student would be given the entire amount in a grant. Does that seem odd?