Income related financial aid

<p>Say I am living in the states and my family's income is about $25, 000. Does that have an impact on what type of financial aid I recieve? I heard families with less than $40, 000 income get to go to college free. Did I hear wrong?</p>

<p>you heard wrong</p>

<p>There are a few schools that have do offer full aid to low-income schools; most are top-notch schools that are highly selective. Most will still expect a student contribution from summer earnings and workstudy during the year. Check out the princeton, harvard, websites.</p>

<p>Also, you have to be citizen or perm. resident. From your other post I gather that you are an international student.</p>

<p>simba -- it looks like the OP is a US citizen living in Egypt (both parents are Egyptians). </p>

<p>midnight firefly -- the figures you are hearing are related to US income. Schools will look at income from other countries differently, so you need to be careful when trying to apply generalities.</p>

<p>Financial aid is dependent on four main factors -- income and assets of the parents and income and assets of the student. If you need financial aid to attend school, apply only to schools that guarantee to meet 100% need. These schools are very competitive and I don't know what you academic background is -- so I don't know if you could get in.</p>

<p>You are very lucky that you are a US citizen, since it makes both applying and qualifying for financial aid much easier.</p>

<p>If you could post your stats and what you want to major in, what kind of school you are looking for -- maybe we could give you some suggestions.</p>

<p>Your stats would be -- grades in high school classes, SAT test scores, rank in class, extracurricular activities both in and out of school</p>

<p>u could go to harvard free.</p>

<p>ignore GAclassof2008 -- he has no idea what he is talking about.</p>

<p>"Reinforcing its commitment to opportunity and excellence across the economic spectrum, Harvard announced a significant expansion of its 2004 financial aid initiative for low and middle-income families. Parents with incomes of less than $60,000 will no longer be expected to contribute to the cost of their children attending Harvard."</p>

<p>do ur research b4 u discredit...</p>

<p>GAclassof2008 -- you are the one who needs to do their research -- which you fail to do everytime you post -- this, combined with your obnoxious attitude and rude language means you are developing a reputation as one of those kids whose posts are ignored. If you seriously come to this board for advice you might reconsider how and what you post. I don't want to argue this point or move this thread off topic -- so let the issue drop.</p>

<p>As I stated before, income from foreign countries is looked at differently -- so when you see that Harvard does not expect a contribution from parents who make $60,000 or less -- the policy is referring to $60,000 earned in the US. Even if the income your parent's make converts to less than $60,000 US, they will evaluate it differently. It doesn't mean you won't get financial aid (you may get fantastic financial aid). It just means that we can't issue a accurate statement regarding the financial aid for your case.</p>

<p>Also -- the low income initiatives are not "free". Harvard, for example, expects the student to earn approximately $2,000 - $3,000 in the summer and to work during the school year and earn approximately $3500-$4000 in work-study. These earnings are to be used to contribute to cost of education.</p>

<p>so -- while parents are not expected to contribute, students are expected to pay ~$6,000 to $7,000 each year. That is a fantastic deal for a Harvard education -- but it isn't "free".</p>

<p>Another possible complication -- you have to be admitted to Harvard in order to get the excellent financial aid and the competition is fierce.</p>

<p>As pointed out earlier....the schools that meet 100% of need are very competitive. The first hurdle would be to get accepted. Some of these schools accept about 10% of applicants...translation...that means they deny acceptance to 90% of those who apply. So don't bank on these as your only option. In the 90% of students who are NOT accepted, there are plenty of very very qualified applicants.</p>

<p>you aren't a parent.... no matter what your screen name says..... u need some medication</p>

<p>International Financial Aid Information
Harvard is strongly committed to making educational opportunity accessible to all. All financial aid is awarded on the basis of financial need, and Harvard meets 100% of each family's demonstrated need. About 70% of Harvard undergraduates receive financial aid. </p>

<p>The financial aid policies for foreign citizens are exactly the same as those for U.S. citizens. All aid is need-based, and admissions decisions are made without regard to whether or not an applicant needs financial assistance.</p>

<p>Does Harvard require international students to work if they qualify for financial aid?
No, a job is not required, but is easily available.</p>

<p>GAclassof2008 -- have you ever considered that speaking respectfully to people and asking for clarification will work better in the long run? </p>

<p>I don't think you have been reading my posts -- what you just posted does not in any way conflict with what I posted.</p>

<p>Harvard has excellent financial aid -- I do not deny that.</p>

<p>Harvard admits students without regard to financial situation -- very true. That doesn't make it any easier to gain entrance, though. It is very difficult to be admitted to Harvard, even for very qualified applicants. 90% of the students who apply for freshman admission are denied. </p>

<p>Whether the financial aid policies are applied evenly for international and US applicants is beside the point -- the original poster, midnight firefly, is a US applicant.</p>

<p>I am correct in regards to income from countries outside the United States. You can contact a financial aid advisor for verification on this. The financial aid office looks at the income in relation to average income and costs of living within a country. For instance, a family earning $40,000 while living in India will have more available to pay for college than a family living in the US earning $40,000. I do not know the details of how this would work for an income in Egypt -- and I stated that. I just think it is important for students to have all the facts and not mistakenly interpret information that is given on the internet. While the policy that Harvard has regarding no parental contribution for students whose parents earn less than $60,000 may very well apply to the OP, it is something she will want to check out and not assume. It would avoid problems in the future.</p>

<p>Midnight Firefly -- I apologize for taking this thread off track. I think that the best place for you to start is to post your stats and interests and ask for suggestions. There are many excellent schools in the US, including many with good financial aid -- so you will have some choices.</p>

<p>Midnight Firefly is a US citizen -- so policies regarding international students do not apply.</p>

<p>THE OP'S HYPOTHETICAL STATEMENT WAS:::
"Say I am living in the states and my family's income is about $25, 000".
she never mentioned living abroad making 25,000 dollars... she clearly said in the states.... therefore she would get lots of aid.......</p>

<p>ppl these days. always going off topic....</p>

<p>u started the whole foreign income thing......</p>

<p>From another post by Midnight Firefly:
"From Egypt - but an American Citezen - Scolarship? </p>

<hr>

<p>I am new here, so I apologize if I am posting in the wrong thread. However, I would like to know what my chances of winning a scolarship are if:</p>

<p>*I am an American Citezen born from two Egyptian American parents.
*I was born in America and have lived there until two years ago.
*I am going to spend the rest of my high school years in Egypt.
*I'm an A+ student.
*I go to an American system school, where I will recieve an American diploma.
*There are no extracurrular activies in Egyptian schools.
*There is no such thing as volunteer work in Egypt.</p>

<p>Colleges need those last two things - don't they? If they are not there for me to do, would they count? I mean, in Egypt there is no such thing as Yearbook comittee or debate club or chess club or anything like that. And you can't volunteer for anything. The economy is terrible...well, everything is mixed up here. Oh and - would I be considered a foreign student? I'm an American, only living outside the states. What are my chances?"</p>

<p>Again -- I do my research before giving advice. I try very hard to point out areas that students need to check on and not just make assumptions about. If the income is made in the US, then it is looked at differently than if it is made in another country. I don't know what the case is -- the OP will attend school in Egypt the next two years, but I don't know where her parents will live. I just want to make sure she has all the accurate facts.</p>

<p>u really need to stop snooping on other ppl's past post.... it is irrelevant to the current question...</p>

<p>country of residence is very relevant to both admissions and financial aid -- I don't consider is snooping in any way. When she started off her post with "say I am living in the states" that made me wonder if she was applying as an international or US citizen. There is a big difference between the two with regards to admissions and financial aid -- and I don't like to make assumptions and misinform people.</p>

<p>when you post to a public message board or forum, your past posts are readily available to anyone who wants to read them. It isn't always fun to go back and see where you said something that you probably shouldn't have -- but there it is.</p>

<p>GAclassof2008 -- I really don't mean to be rude towards you, but I have just seen so many of your posts where you seem angry, hateful or you have posted information that is not quite accurate. So many kids come to this site looking for assistance or answers and they may not realize that the information you provide doesn't apply to them.</p>