bananiem
It's like Annie Bananie only it's just Bananie M.<
- Joined
- Aug 1, 2000
- Messages
- 6,712
Originally posted by MaryAnnDVC
Financially, I get the awful feeling we're in the awful middle ground area of income...making too much money to get much in the way of aid, and not enough to pay for it ourselves. Hopefully, DD will get some good merit scholarships.
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My advice- HIDE ANY MONEY IN HER NAME AND YOURS TOO!! That being said...My sister sent her only child to the "school of her dreams" last year. They had roped her in at fairs saying "99% of the kids who need financial aid get 100% of what they ask."
HA! My BIL has Parkinson's disease and has been medically disabled for about 5-6 years. My sister has their house paid off and is putting the previous mortgage amount into their long term savings for the day when he needs nursing care or a nursing home. My niece had social security from the time her father was declared unable to work until she turned 18. They had put the social security in her name in her savings account. The school did not give her the amount she needed because of these other funds, although earmarked for something else they take it anyway and you get that much less financial aid. My sister was told to take out a second mortgage on her home. Also scholarships are handled the same way. Depending on how much you get in scholarships, if you tell them, they take it off of their financial aid offer. Try to tell them about scholarships late in the game.
Also, use what other schools are giving in aid against other schools. If they want her they may offer more aid.
so true. none of my friends who went on to med school did pre-med. they all did bio or chem. alll of them got into highly ranked med schools. their advisors at school told them the same thing.
the visits really drove where i ended up; the place i thought i wanted to go ended up giving me "bad vibes." 
if what they choose to do does not require it. And that they do NOT have to go right after high school