<p>My daughter is #1 in her class in a high achieving high school and scored a 35 on the ACT. Our financial situation is that this is our last child, we are substantially older parents, neither of whom work at the moment. My husband lost his business and is fighting a lawsuit over that which is draining assets significantly. However, we do own our home ($500,000) and we have retirement assets. We have very little cash on hand and are having to draw out everything from the life insurance policies we have to pay legal bills. I know the FAFSA is not supposed to consider home and retirement, but will those assets make us not able to qualify for QuestBridge? My daughter has not had a rough life, as it were, but our financial situation now is not at all like it was some years ago. Should we try QuestBridge?</p>
<p>You could try QuestBrdige but just understand that people on QB(like me) are making less than 30k a year and dont even own a house so the competition might be rougher</p>
<p>Each case is different. You have nothing to lose by trying. It is a tricky balance because BOTH financial need AND academic drive/excellence are key. A 35 will mean a lot, as will her rank as #1 at a high achieving high school. With all due respect negativekarma the QB website does encourage families with less than $60 K income to apply. How wonderful that you were able to do QB. But again, each case is different. Having seen the videos it seems like the app is holistic when it comes to finances, e.g., size of household, number of kids in college, extenuating circumstances such as medical bills (legal bills?)</p>
<p>The schools you rank/apply to will require knowledge of your assets as they all (?) use the CSS Profile which asks for all those sources of money. Be sure though to explain the extenuating circumstances. </p>
<p>I do not think your D’s chances are high, but it is worth a try.</p>