<p>I have all the right statistics of a finalist except for our family's assets. We have no mortgage on a house worth 550,000~ and a car worth 20,000~. I'm raised by a divorced parent that makes around 20k/yr and absolutely have received any money or even contacted the other for my whole life. Should i even bother applying? The reason i ask this was because i saw a post that called 200,000 too high and people were still encouraging him to apply.</p>
<p>Hum, how can the property taxes even be paid? Is there child support, there should be and that is also reported as income on the financial forms. </p>
<p>I think QB is more targeting students who have a background of hardship. But I don’t know what to answer you I am not an insider there. Even if you aren’t a QB student, your background and financials will be considered at the partner and other colleges.</p>
<p>There is no money coming in from the other parent and no money coming in the government. </p>
<p>Do you receive any form of low-income aid from your state or the federal government? (ie Medicaid, state low-income medical insurance, free school lunches, etc.) If so, it’s possible you can be still be considered for QB. Your family income is actually below the average finalist’s income (source: <a href=“http://www.questbridge.org/for-students/ncm-applicant-profile”>http://www.questbridge.org/for-students/ncm-applicant-profile</a>). There’s no harm in trying!</p>
<p>With your income being what it is, I don’t think the assets will hold you back completely. If you are otherwise qualified and have a compelling story, I doubt it would be the nail in the coffin. Just make sure you are thorough in explaining your family’s assets.</p>
<p>By the way, if this makes you feel any better, FAFSA didn’t make me report family assets because our income fell below the threshold and your income is ~$9K lower than ours was. For what it’s worth, if I’m not mistaken, your assets won’t affect federal aid.</p>