<p>Sumobats…I don’t find it astonishing AT ALL. The schools that give generous need based aid use the Profile. It does NOT have a simplified needs test at all, meaning those assets would be taken into consideration. In addition to possibly considering primary home equity, the $800,000 assets could easily generate a family contribution of $40,000.</p>
<p>In addition, most schools have the caveat for generous aid that the family have “typical assets”. More than 3/4 of a million dollars would likely exceed typical.</p>