Income of $200,000+, three students going to college at once, Financial aid?

<p>@lookingforward‌:</p>

<p>Some kids may want to go away for college. So long as costs are the same, I don’t believe in constraining a kid. </p>

<p>I get it. I especially get that some kids turn their noses up at their own state schools (comes up with Rutgers all the time, sometimes with the FL schools, etc.) But I don’t see how you can advise without info on what they can afford and info about the two mystery sibs. Folks can throw out umpteen U names, to what end? </p>

<p>In the end, if OP is looking for some prestige, he may do better at the top of the heap at URI (and that Centennial was a generous scholarship, for four years,) than going to another state school just to tell the peers it’s not URI. </p>

<p>Constrained? I don’t think these parents are “constraining” this student at all. They have (presumably) three kids to get through college simultaneously. That is a huge chunk of change, even for. $200,000 parent wage earners.</p>

<p>Absolutely, this student should research and apply to other schools if he chooses to. But he needs a budget from his parents…soon. </p>

<p>And he needs to be VERY ready to walk away from any acceptance that is not affordable for his family. </p>

<p><<<
With three kids going to college at the same time ( if this is true ), I can completely understand the financial concern of the parents. It seems this OP doesn’t understand THAT. Even with an income of. $200,000, paying college costs for three kids at the same time…for four years…is a huge financial burden.</p>

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<p>Exactly. That is why I voiced the concern that the OP is guessing when he says $20k-30k per child. Unless the parents have college savings accts, coming up with $90k each year for college is not likely with a $200k income.</p>

<p>We don’t even know if this student’s parents expect him to commute to URI or find something that would cost the same as a commuting student (which might be about $15k per year). </p>

<p>we don’t know if the parents are fine with all 3 going to different parts of the country. If I had 3 incoming frosh, I would be nervous that Move-In dates would overlap and graduations would all occur the same weekend (or day!) </p>

<p>I just talked to a mom who is finding that she will have to pay $800 for her son to come home for Christmas. Multiply that by 3 kids and that can wipe out a family’s Christmas Budget and more!</p>

<p>@nesenior23‌ </p>

<p>You’ve had a day or two to get the info that we’ve requested. What are the answers?</p>

<p>Also, have your parents SAID that they are fine with all 3 of you heading off in different directions? </p>

<p>or do they prefer that you all attend the same college or at least all be within a short driving distance of a few hours?</p>

<p>Personally, given the lack of details and defensiveness, I think this situation was just a hypothetical thrown out by the OP (maybe he thought he could claim 2 siblings in college on fin aid forms somehow and people wouldn’t find out that they don’t exist? Who knows).</p>

<p>^^^</p>

<p>lol…oh my! Now wouldn’t that be a bite in the fanny if he did claim 2 mythical college-going-siblings, got aid at some school, started school, and then when the school checked (which they WILL do!) they pulled his aid back…and then his parents made him leave the school. </p>

<p>I hope that isn’t what is going on here. </p>

<p>Um…completing the financial aid forms with inaccurate information for financial aid gain…is fraud. </p>

<p>Indeed. Plus, to get any fin aid, parents have to submit tax forms, no?</p>

<p>I just hope the story of 3 going at once is true, but there is other info that he is withholding for some odd reason.</p>

<p>To me, this thread makes little sense if there are 3 going to college next year. They all are in the same boat. Parents can’t pay full freight for them all to go the Div 1 schools of their choices…many/most of which are OOS publics (because those are often the more popularly known big Div 1 schools). </p>

<p>They also don’t have the stats to get much/any merit at the OOS publics that he has listed (Umich and so forth).</p>

<p>Yet, he doesn’t seem interested in identifying (for himself or his sibs) big Div 1 schools where they all could get the merit that they need.</p>

<p>I don’t know if it is stubbornness, denial, or what.</p>

<p>Anyway…back to his last Q…I don’t think he can expect much/any from UDel. Is UDel a popular basketball school? </p>

<p>Haha this is not a case of fraud. I am not sharing my siblings stats because I was looking for information more about myself, sorry if this thread has not maintained focus but it is due to conversing with my parents several times. I do not want to go into detail about finances because this is a public forum but all I want to know is if there are any suggestions of similar type schools on my list (d1 sports, not in ri, close or in urban area/college town) that I could use as a safety school based on my stats. Finding a school where I could possibly receive a little merit or aid would be nice, but money isn’t the deciding factor. </p>

<p>If money is no object, then most any big 10 flagship university would fit. Ohio State, Wisconsin, UIUC. Indiana, UMich ( if you can get accepted). And I’ll add some of my personal favorites…Pitt, Michigan State, UMass, University of New Hampshire, UMD-CP, and UDel. However these are all going to cost more than $30,000 a year…some over $40,000 a year as an OOS student. </p>

<p>On your other thread, you specifically asked for schools that would be $30,000 or so. </p>

<p>So considering I have a lot of oos publics already on my list (umd, jmu, umich…) should I apply to a school that could meet more need or give small merit? Money like I said isn’t a huge piece of the equation but I would like to have the option to save a few bucks… How about schools like loyola (md), xavier, st josephs…? </p>

<p>If money isn’t a factor than apply anywhere you want.</p>

<p>If you want to some merit for safeties, then apply to Alabama. You would get a half-tuition scholarship (about $12k per year) for a 1300. If that goes up to a 1330, then you would get a 2/3 tuition award. If that goes up to 1400, then you would get free tuition. But, you have to apply before Dec 15. You can apply NOW, and if your scores go up, then Bama will increase your award.</p>

<p>You cant get much bigger than Alabama for Div 1 sports. ;)</p>

<p>Go buy a Fiske guide. There are 49 other flagships besides yours and some states have 2nd or 3rd institutions (UNC and NC State, eg.) For some school you like, Fiske will give “similar schools.” (There’s also a pinned thread on CC about some merit, isn’t there?) Then you go to the web pages of U’s you like and dig into their financial offerings. That’s how we learned. There is no substitute for this research. You still should run NPCs or you are proceeding in the dark.</p>