<p>if me and wife combined make 90k a year and own home in n.y. but have no savings besides retirement plan thru state jobs do we have any chance of getting any f.a. at all ?thanks</p>
<p>It depends on the school you want to attend. I think 90K for a traditional student will have an EFC of around 30K. I’m not sure how that would change with a non-traditional student such as yourself. Have you tried to get an EFC estimate using the online calculators? If that is less than the COA for your school of interest you might get some FA.</p>
<p>There are some good online calculators available that will calculate an approx EFC. </p>
<p>EFC = Expected Financial Contribution, the amount you would be expected to pay. Compare your EFC to the college’s tuition+room+board. If your EFC is lower, you’ll probably get some form of aid, either grants or loans. If your EFC is higher, they expect you to pay full price 
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<p>Google “financial aid calculator.”</p>
<p>Erin’sDad…I think he’s asking for his child…</p>
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<p>MMP…</p>
<p>In another post, you mention that you’re looking at schools for your child, so I’m guessing that you’re asking if your child will get FA, right? The FA is not for you to go to school, right?</p>
<p>If your child gets accepted to a school like Harvard, then you’ll get lots of FA. However, at most schools, your EFC will likely be about $25k. </p>
<p>That could mean different things at different schools. Some schools will only offer student loans, some might offer a combo of student loans and grants, and some might just give you a big ol’ gap. </p>
<p>Most schools do not have the funds to give much to people with incomes that highish. So…again…it depends on the school what you’ll get. </p>
<p>If I remember correctly, your child has the potential for merit scholarships. If so, then your income won’t be a hindrence for most of those. :)</p>
<p>If your EFC is lower, you’ll probably get some form of aid, either grants or loans.</p>
<p>Or, a gap. It depends on the school. A school that costs $50k per year, might offer some loans, but then have to gap the rest.</p>