<p>I just recieved my fin. aid letter after my dad sent in an appeal and Hopkins expects my family to pay full tutition when my dad/ mom make approx 50K a year.</p>
<p>My dad has like zero access to our business assest due to a loan lein on my house, etc...and all these other issues but the bottom line is my parents can't afford to send me to Hopkins on these terms.</p>
<p>Although i really want to go, I don't see how this will be possible. Tufts University gave me a 23K grant and their fin. aid thing is based on Profile and FAFSA too....so I don't know why Hopkins is giving us these figures.</p>
<p>Tufts costs about the same as Hopkins too....so do you think i should fax them my fin. aid from Tufts or just go to Rutgers on my full ride?</p>
<p>That's weird. Compared to other private schools, namely Cornell, Hopkins had very very good aid. </p>
<p>However, Tuft may have given you better aid because it offers more merit aid while Hopkins is mostly need based. I'm still surprised though because you should have qualified for a lot of aid</p>
<p>I would fax them the Tufts offer. It can't hurt.</p>
<p>yeah my parents make approx 50K a year but i got 32K total, and nearly all of it was paid for by a grant... why dont u fax them in ur tufts fin aid statement?</p>
<p>I am going to today.</p>
<p>Your parents may have savings that you don't know about. While they might not have earmarked those funds for education and instead plan on using them for retirement, schools don't distinguish between that kind of money and education funds.</p>
<p>Also, schools often assume that parents can borrow against their assets. If they are the sole proprietors of a business valued at, say, half a million dollars, it doesn't matter that they draw only $50,000 a year in salary.</p>