Financial Aid - HLS Household Income 55 - 60k

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
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jkander31

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Financial Aid - HLS Household Income 55 - 60k

Post by jkander31 » Sat Feb 24, 2018 1:34 pm

Hi,

Does anybody have good estimates for the type/amount of financial aid I would receive at HLS with a household income around 55k?

Thanks in advance.

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t-14orbust

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by t-14orbust » Sat Feb 24, 2018 1:44 pm

I’m robably around 35k a year or whatever will get you to 50k loans per year

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Wild Card

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by Wild Card » Wed Feb 28, 2018 11:43 pm

t-14orbust wrote:I’m robably around 35k a year or whatever will get you to 50k loans per year
That's hilarious. My family's household income is 25K, and CCN gave me only $20K a year, and then lowballed me for 3L. Really should have studied harder for the LSAT.

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taxman14

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by taxman14 » Wed Mar 07, 2018 4:05 pm

jkander31 wrote:Hi,

Does anybody have good estimates for the type/amount of financial aid I would receive at HLS with a household income around 55k?

Thanks in advance.
You'd likely get the highest amount of financial aid - so whatever tuition minus base loan package is.

anacabana

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by anacabana » Tue Mar 13, 2018 9:26 pm

taxman14 wrote:
jkander31 wrote:Hi,

Does anybody have good estimates for the type/amount of financial aid I would receive at HLS with a household income around 55k?

Thanks in advance.
You'd likely get the highest amount of financial aid - so whatever tuition minus base loan package is.
Jumping off of this, is student income and parent income weighted equally?

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whatlikeitshard2020

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by whatlikeitshard2020 » Thu Dec 27, 2018 10:52 pm

I'm not sure what the cost would be exactly for your situation, however, after reading HLS website and if I understand correctly, they predict that the overall students budget for cost of attendance is $95k, so the most they would ever give any student would be $45k grant and a $50k base loan loan, so if someone is in the perfect situation where they can live at a relatives for free while attending and eat for free and already have health insurance, the lowest they would have to pay would be around $23k a year through a loan (after $45k grant) just to cover tuition, however, if you aren't able to live in Boston for free, you'll have to add rent on-top of that $23k loan. All Harvard does is give a grant to whatever the need is that they calculate after the $50k base loan. If they calculate your need to be under the $50k base loan, you get no grant and just get whatever the need is in the form of a loan.

https://hls.harvard.edu/dept/sfs/financ ... -packages/

miskellyjohnson

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Re: Financial Aid - HLS Household Income 55 - 60k

Post by miskellyjohnson » Fri Dec 28, 2018 12:20 am

whatlikeitshard2020 wrote:so the most they would ever give any student would be $45k grant /
This is not true, as it is possible to increase the student budget due to things like medical expenses or having children. With a child, for example, you could increase the student budget such that full tuition or very nearly full tuition grant is possible.

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