<p>Alright, so I was long ago under the impression that my family wouldn't be eligible for any financial aid...</p>
<p>I applied to a lot of Ivy's like Dartmouth, Stanford, and even with their new financial aid policies, I still can't imagine myself being a recipient of aid.</p>
<p>But recently my friend's mom told me that I should have filed FAFSA, etc. just in case, and that the VAST majority of people get at least something.</p>
<p>Well, to be blunt (for a quick estimate), my family income is $200k+... was I correct in assuming that no need-based aid would be forthcoming.. anywhere?</p>
<p>Your mom's friend is spreading rumor, not fact. You are correct in your assumption that a family income of $200k would not result in need aid. The only "aid" you may qualify for would be loans.</p>
<p>ee... we make CONSIDERABLY less than $200K and we did not qualify for any financial aid.</p>
<p>Savings also play a big part in the calculation. I expect that your parents have been responsible and have saved for your education. Is a college education these days ridiculously expensive? YES! (We are looking at $50K a year- more than I MAKE) It is worth it? Absolutely.</p>
<p>Relax... study hard and make your parents proud. :D</p>