is it worth filling out need aid forms if....

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
maglialoro
Posts: 281
Joined: Fri Jun 05, 2009 4:25 pm

is it worth filling out need aid forms if....

Postby maglialoro » Wed Feb 02, 2011 5:28 pm

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Last edited by maglialoro on Thu Mar 10, 2011 9:47 pm, edited 1 time in total.

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BlakcMajikc
Posts: 763
Joined: Fri Oct 29, 2010 1:05 pm

Re: is it worth filling out need aid forms if....

Postby BlakcMajikc » Fri Feb 04, 2011 12:25 am

Can depend on their other assets and debt... That makes it hard to give an exact number. A parent in an urban area can have a 120k salary but have a house in foreclosure nowadays or about to short sale (with the mortgage being more than the value of the house) and would qualify for needbased aid.

Also schools have their own formulas so there is really no answer to your question. I would still fill out the aid forms. My uneducated guess would be 100k+average assets would not receive need-based aid.

You should try a search, but I found this link from August of this cycle:
viewtopic.php?f=15&t=128066




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