<p>Is it worth applying for FA for the Ivy Leagues and other 40K schools? My parents make 250k.</p>
<p>I'm in a similar position. I'm applying for aid, but I don't really think I'll get anything.</p>
<p>It's worth a shot though.</p>
<p>Go fill out the FA estimator at collegeboard.com. It will give you a reasonable estimation of what you could expect.</p>
<p>It depends whether or not you have brothers/sisters in college, lots in savings, etc.</p>
<p>A good friend of mine is attending the University of Pennsylvania and gets approx. $2,000/yr financial aid (most in the form of work-study) from the school while his parents make ~$200K/yr. He's opting not to re-file the FAFSA next year, as he could just as well get a job on or off campus.</p>
<p>It depends on the individual situation..check out the calculator mentioned above. It should give you a rough estimate</p>