<p>My parents are too rich for financial aid, but not rich enough to pay for college. :(
Roughly $120,000 yearly income.<br>
As an idea of our expenses:
- My parents have told me most of the expenses come from the house and property taxes.
- My sister is currently in college with no financial aid or scholarships whatsoever (her academic merit wasn't exceptional enough for college unfortunately)
- We've had to shoulder some of our other family member's debt and medical expenses on occasion due to being the most responsible people in our family
- There may be other factors, not sure</p>
<p>I'm considering less expensive options for college, but as of now, I'd like to try applying to scholarships to help alleviate some of the cost and keep my options open.</p>
<p>Then you need to get some other colleges in mind. Those stats will get you substantial merit awards at a lot of schools, and I’m sure at least some of them would offer you whatever it is you find appealing in the schools you have in mind. Why not name them, and see if anyone can suggest some good alternatives with decent merit aid? The amounts you can expect to get from outside scholarships (many of which have need components anyway, and most of which are only good for one year) won’t make a big dent in your college costs.</p>
<p>You have some impressive stats for which some schools will give you merit awards. Start looking for such schools.</p>
<p>Also, talk to your parents about what they CAN afford. Run some sample NPC and see what kind of costs you will be expected pay at some sample schools. Your parent’s EFC will be split in half while your sister is in college and when she gets out, that frees up some money being spent on her, so ask them for what kind of funds are available.</p>
<p>*Your parent’s EFC will be split in half while your sister is in college *</p>
<p>While the official FAFSA EFC will split, it doesn’t sound like the sister is attending a “full need” school, so her costs may stay the same when the OP starts college.</p>
<p>This student needs a strategy of applying to a few schools that promise to “meet need” and a few schools that will give huge merit for stats.</p>