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Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 10:20 am
by msblaw89
I will probably take this down after I get a good numbers of responses.

I was wondering if it would be of any benefit to apply for needs based aid. My parents combined income is ~100k and I am an only child with no real job . Anyone in this situation or have any advice? Thanks

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 10:44 am
by duckmoney
With that kind of income, it couldn't hurt, although very few schools (except the top 3 - 6) actually offer any need based aid.

It's probably worth applying until your parents are making 250k a year or so. Law school is expensive as hell; tuition would still eat up a fifth of their pre-tax income.

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 10:45 am
by westinghouse60
I'm in a pretty similar position (only child, no job, parents make a little more but not that much more). I'm going to apply, but I think it probably depends on the individual school as to whether or not you get anything. Either way, it can't hurt to try.

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 10:49 am
by msblaw89
duckmoney wrote:With that kind of income, it couldn't hurt, although very few schools (except the top 3 - 6) actually offer any need based aid.

It's probably worth applying until your parents are making 250k a year or so. Law school is expensive as hell; tuition would still eat up a fifth of their pre-tax income.
With some of the schools I have been accepted to its more like half haha

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 11:04 am
by msblaw89
westinghouse60 wrote:I'm in a pretty similar position (only child, no job, parents make a little more but not that much more). I'm going to apply, but I think it probably depends on the individual school as to whether or not you get anything. Either way, it can't hurt to try.
Yea I think I am going to fill out the needs access form. You are right...can't hurt and who knows?

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 11:43 am
by dolfan0516
msblaw89 wrote:I will probably take this down after I get a good numbers of responses.

I was wondering if it would be of any benefit to apply for needs based aid. My parents combined income is ~100k and I am an only child with no real job . Anyone in this situation or have any advice? Thanks
I know a school like NW that uses need access does not use parents info for scholarship determination (their scholarships use both need and merit). Probably many other schools like it, so it wouldnt hurt to try

Re: Should I apply for Needs Based Aid?

Posted: Tue Feb 14, 2012 1:27 pm
by mrtoren
Every student is poor and your parents make nearly double the median household income in America. I guess its worth it to apply, but few people will play a violin for you.