Big Salary but no Savings or Retirement looking to get into the Ivies

<p>My child will be applying to Ivy League schools next year and should be accepted at most He has the grades, the scores, and the "other" credentials that these schools seek. In addition, he is African American is ranked #1 in the world for his sport and has set numerous state and school records and will likely be competing for the US internationally this year. </p>

<p>My wife and I currently make around 250,000, but such income level was only attained 5 months ago. For the prior 7 years, there were bouts of unemployment where we had to empty all our savings accounts, deplete our retirement accounts and even declare bankruptcy. What is the likelihood of financial assistance from Dartmouth?</p>

<p>Pretty good, in my opinion. If the initial FA offer isn’t good, call the FA office and explain your unique situation to them. Once a student is admitted, the FA office will do everything in its power to make Dartmouth affordable.</p>

<p>I would also recommend PMing sybbie719 about this. (S)he appears to know a lot about this subject.</p>