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Financial Planning / Paying For College

URL:  http://boards.fool.com/if-youre-looking-for-a-low-parental-contribution-30808415.aspx

Subject:  Re: financial aid Date:  8/2/2013  11:21 PM
Author:  NaggingFool Number:  8062 of 8178

If you're looking for a low parental contribution, hope your kid gets into Harvard or MIT or Cornell or Princeton:

"Harvard Financial Aid Initiative for low and moderate income students, under which parents with incomes currently below $65,000 are not expected to contribute to college costs."
http://www.fao.fas.harvard.edu/icb/icb.do
http://www.admissions.college.harvard.edu/financial_aid/hfai...


"The first $6,000 of financial need is met with an offer of a student loan/term-time job. The remaining need, if any, is met with MIT scholarship."
http://web.mit.edu/facts/tuition.html

"Parent Contribution Initiative
Families with a total family income of less than $60,000, and total assets of less than $100,000 (including primary home equity), will have no parent contribution. Learn more."
http://www.finaid.cornell.edu/cost-attend/financial-aid-init...

Princeton's financial aid packages include no loans:
http://www.princeton.edu/admission/financialaid/whats_great/...
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