Help for Middle Class - elite schools change financial aid formula

<p>There are other major financial considerations for Stanford and 865 schools. I have one graduating from Stanford this Spring and a Junior at an 865 school.</p>

<p>Stanford's charge for health insurance (if you purchase though the school) is phenomenol - much more than the charge at the 865 school in the same state. It is nearly twice the charge.</p>

<p>Stanford's minimum wage for on campus jobs is over $10/hr (and most jobs have paid closer to $25.00/hr). 865 school pays much less for on campus jobs -$6-$7/hr range.</p>

<p>865 school has given more financial aid every year I have had two children in school - about $5000 more/year. In addition, 865 school has lots of money for summer internships, that Stanford does not have. Money at 865 school is available really just for the asking, in the $3000-$6000 dollar range for a summer internship.</p>

<p>There are things besides the obvious when considering what the school will tell you they will give in financial aid, of which I was not aware until almost four years had gone by.</p>