my odd situation: what to do?

Paying for College
1

<p>so in 2006, our income was around $30k (bad times; my dad was out of a job) and then in 2007 our income was $90k--my dad got a pretty good job; my mom was laid off from her old job and got a lesser paying one, and she sold her old company's stock, and this led us to have a much higher income than we had known of (found out recently). </p>

<p>this year, 2008, our income is probably going to be a more stable $70k.</p>

<p>my family's worried that because of the huge jump to the $90k income, we'll get little financial aid. </p>

<p>should I contact each college about our unique situation and tell them about this year's income? or do you think they'll come up with a reasonable finaid package not just based on 2007's income? </p>

<p>thank you!</p>

2

<p>A friend did something similar, and provided documents to show the lower income expected in 2008, and the college did adjust for them. You just have to ask and see what they say, I think. Be prepared to show pay stubs and the like to support what you tell them. It shouldn't be hard in your case to do that.</p>