Income Eligibility

Paying for College Access Programs (Questbridge, Posse)
1

<p>My family owns a small business, but it only had a gross profit of around $30,000, with net profit of around $20,000. My entire household only earns around $25,000. </p>

<p>But I also live in a house with market value of around $150,000, and mortage debt is around $110,000, which I assume means asset of around $40,000. Is that too much?</p>

<p>Do people that get into QuestBridge typically have assets a lot less than that, or no houses at all?</p>

<p>My household income has been around that level for the past few years, but my family does own a business, am I eligible for QuestBridge, at least financially?</p>

2

<p>That is very similar to my situation. My family owns a business, with a similar income (slightly less). I was a finalist and later matched. Financially, at least, that’s perfectly acceptable for Questbridge. :)</p>

3

<p>(And I also have a similar asset situation - though slightly more)</p>

4

<p>Ah, that’s nice to hear. :)</p>

<p>If you don’t mind me asking, how did your application look?</p>

<p>Does applying through QuestBridge really make it easier for finalists? Would something like USAMO qualification coupled with QuestBridge finalist status make it really stand out among colleges?</p>

5

<p>Mine are near the middle on this page: <a href=“http://talk.collegeconfidential.com/yale-university/1040878-official-yale-university-questbridge-results-class-2015-a.html[/url]”>http://talk.collegeconfidential.com/yale-university/1040878-official-yale-university-questbridge-results-class-2015-a.html&lt;/a&gt;&lt;/p&gt;

<p>You can find other QB-ers with the search function, and also use it to see just finalists stast.</p>

<p>Also remember that it’s much harder to be matched than accepted RD. bets of luck!</p>