Stanford, REALLY? You're killing me.

<p>Sooo i just looked at out financial aid award.</p>

<p>$0. What the ****************************</p>

<p>They expect us to pay almost $60,000. every year, for 4 years. My dad lost his job. Our family income is BARELY over $100,000. Aren't they suppose to meet FULL need if your income is under $100,000? We have 1 large asset i can think of, and that is a town house in Marina del Ray. It is not furnished. It is used for rent. Any rent that is gained is used to pay of the mortgage, so it doesn't even function as income. we basically have to pay FOR it, in order to keep it afloat.</p>

<p>Stanford do u really just not want me to come?</p>

<p>There must be a mistake in our FAFSA or something, because I also got $0 in aid for UVA, which is also suppose to be a hefty financial aid giver. Does Stanford realize that they want us to pay over half of our family's income, JUST on my college tuition? </p>

<p>We are calling tomorrow.</p>

<p>/vent</p>

<p>can someone supply me with the number I should call for financial aid? I can probably find it after some searching on the site, but I figured asking wouldn’t hurt</p>

<p>just in case you dont find the nos, call their regular nos and asked to be connected with </p>

<p>FA. good luck.</p>

<p><a href=“mailto:financialaid@stanford.edu”>financialaid@stanford.edu</a> or the number is (650) 723-3058 but if you don’t want to call long distance try (888) 326-3773. i just had the page open so i figured i’d lend a hand… have your stanford ID #, they say, so they can get specifics. good luck with it all</p>

<p>ok thanks guys, we’ll get this done tomorrow.</p>

<p>does this seem odd to anyone else? or am i just asking for too much? I mean on their site it has expected aid for given income brackets. as of now, we fit into the bracket of 100k to 130k, which means we should be getting around 33k or more (from what I remember, not looking at the table right now.) hax</p>

<p>all these places manipulate the figures so it looks like they give more financial aid then they actually do.</p>

<p>ur complaing about BARELY making 100k
my family makes under 50k</p>

<p>i need the finaid</p>

<p>You both need financial aid - just different amounts.</p>

<p>Sal, i realize that may have come off a bit conceded. I wasn’t complaining about the salary, I was simply pointing out, according to Stanford, that means we are only slightly out of their range to cover tuition. Sorry you got the wrong impression. I know my family is very blessed, but that does not mean we can afford Stanford tuition without help.</p>

<p>^ sorry, I did get the wrong impression and I hope u get the finaid u need</p>

<p>

</p>

<p>I must conceit that getting into Stanford can make one conceded.</p>

<p>^lol 10char</p>

<p>Colbs:</p>

<p>Two points.</p>

<p>First, you say that your father lost his job. Stanford will reconsider their decision if your situation has changed since you filled out the FAFSA, or if your family income will be less than what you projected for next year on the Profile.</p>

<p>Second, the determination of how much aid to give depends on both income and assets. Here is their explanation of “typical assets”. </p>

<p>

[FAQ</a> : Stanford University](<a href=“http://www.stanford.edu/dept/finaid/site/faq/index.html#faq_2]FAQ”>http://www.stanford.edu/dept/finaid/site/faq/index.html#faq_2)</p>

<p>The amount of your family’s assets over $250K will directly impact the amount of FA offered. That second home, whether rented or not, whether paid for or not, will add a substantial amount to the determination of your assets and may take you out of the running for aid.</p>

<p>Good luck to you in your appeal with the FA office. Perhaps some mistake was made when preparing FAFSA & Profile.</p>

<p>Proceeds from selling the condo (that your family is not living in) in Marina del Rey could be used to cover the tuition.</p>

<p>that sucks to hear, especially because my family is in the same sort of situation (except we have no town house to bring in extra money.) </p>

<p>please consider though that especially in this economy (and any economy, really) unless you have 10 family members (cough,likeme,cough) then $100,000 a year is a lot. most of the schools i applied for wont give me financial aid either, because my dad lost his job last year and we took money from his retirement. that money tho is added to our income, so it looks like we made 150 thousand when we made more around 95. they go off of your last years taxes, so if your taxes indicate that you made a lot of money, that could be a factor. i know stanford has a form you can fill out if there have been any changes to your financial situation since your last years taxes, and that can be fund on their financial aid office’s website.</p>

<p>also, did you submit a CSS profile and a FAFSA? because i know i didnt do my CSS…but stanford will accept it late, so if you didnt you should get that done as soon as you can. </p>

<p>at any rate. good luck calling the financial aid office</p>

<p>After reading the original post this is the advice I have: don’t go to Stanford. I can’t afford a Porsche but I don’t whine and ***** that they’re not giving them out for free.</p>

<p>Some of you guys are missing the the factor that this is STANFORD, not some state school that has a much more limited endowment, and prefers instate students. I know plenty of people whose families are much more well endowed than mine, that get considerably more financial aid. How many people do you know, that aren’t incredibly rich, that get $0 aid? Exactly. For the record, that house is NOT worth that much, nor would it be beneficial to sell. Actually, at the moment, it is a burden to have. It will only start bringing in income well after I am out of college. Not to mention we are paying for another tuition on top of mine. I know it may “seem” like we are relatively well off, which in many cases is true, but compared to the rest of the general population of Stanford applicants, we are no more than normal.</p>