Does parents salary have anything to do with admission?

Chance Me / Match Me!
1

<p>I just wanted to know if the amount of money your parents make actually make a difference in admission, or getting a full ride. My parents are divorced, my mom doesnt work, my dad makes 70,000 a year, which doesnt leave him any money to pay for college. Does this affect my chances at getting accepted at elite universities like the IVy LEague in particular. Or can it get me a full ride, i dont know what role parents salary plays in this. Anybody who can clear this up, thanks! I really want to get into Upenn for example.</p>

2

<p>70k is alot, which does leave him money to pay for college. And with financial aid you can usually cut costs by like 40-60%.</p>

3

<p>The top colleges are need-blind, and need depends on your parents' income. So your chances at Ivies and other elite universities are not hindered by your family's income.</p>

4

<p>^Is it ever bolstered by low income?</p>

5

<p>well heres the prob, he actually doesnt have money to pay, its not a typical situation, i live with my mom, but my dad supports my mom, her house, and me and my brother, as well as his own house and his living expenses, he pays for 2 sep houses and expenses, you would be surprised. We have very little.</p>

6

<p>but thank you for the advice wiht the financial aid anyways, and answering my question</p>

7

<p>If you do get into an Ivy, most are completely free for families earning under $60,000 a year, with some granting even more than that. You're not too far off, so I'm sure you'll get most of it covered at the very least. :]</p>

8

<p>
[quote]
Is it ever bolstered by low income?

[/quote]
</p>

<p>Yes. That falls under 'adversity' and may be helpful.</p>

<p>
[quote]
he actually doesnt have money to pay, its not a typical situation, i live with my mom, but my dad supports my mom, her house, and me and my brother, as well as his own house and his living expenses, he pays for 2 sep houses and expenses, you would be surprised. We have very little.

[/quote]
</p>

<p>All of that will be taken into account. The CSS profile is very, very thorough, as is the FAFSA. Rest assured that you won't be required to pay any more than what you reasonably can.</p>

<p>I agree with sxchanspaint.</p>