Possible to Get Aid if My Parents Make $400,000?

May 3, 2007 · My parent’s combined income is around $400,000 a year, but they aren’t going to pay for my college because they both put themselves through and they think I should too. ... College Confidential Forums Possible to Get Aid if My Parents Make $400,000? Paying for …

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$400,000 A Year- Financial Aid? - College Confidential Forums

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Apr 8, 2015 · My family’s gross income is roughly $405,000 a year. My dad’s gross income is $360,000 a year as a physician and my mom’s gross income is $45,000 as a part-time …

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May 6, 2007 · <p> [quote] "This whole system where your ability to pay is based on a third party's finances is pretty sketchy."</p> <p>every kid would then qualify for need based aid. Such a …

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May 4, 2007 · <p>my mother (I am 42 years old) also thinks that kids should "work" their way through college. She is adamantely opposed to student loans and continually talks about how …

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FAQs about Possible to Get Aid if My Parents Make $400,000? Coupon?

Can I get financial aid if my parents earn more than 7000?

You can still qualify for financial aid if your parents earn over $75,000. Income and assets alone aren’t considered without regard for family size and nondiscretionary expenses. Your parents might make more than $75,000, for example, but they might also pay a hefty income tax bill, which would reduce their contributable income. ...

How to get financial aid if parents earn too much?

For students worried about getting financial aid for college when their parents make too much, there are plenty of options besides loans, grants, and scholarships to help reduce the cost of earning an education and make getting a degree more affordable. ...

Can you get financial aid if your family makes 6 figures a year?

That's right. Even if your family makes multiple six figures a year, you can still get financial aid. That said, not financial aid is created equal. Ideally, you want free money, or grants not loans. Despite earning a six-figure household income, many parents struggle to pay for their children's education without going into debt. ...

Should I apply if my parents' income is too high?

So, even if you think your parents’ income is too high, it’s still worth applying (plus, it’s free to apply). This guide will discuss how your family’s income affects your financial aid package, along with other options for paying for college — specifically… ...

Do you qualify for financial aid if you have 4 children?

In other words, if you have four children, you qualify for financial aid if you make $390,000 a year. Financial aid consists of low interest rate loans, but mostly free grant money. I thought this was a high threshold because $390,000 is right around the top 1% income level in the country. ...

Can I get financial aid if my parents are not eligible?

Even if you aren’t eligible for need-based aid or other financial aid based on your parents’ income, you may still gain access to loans and grants by filling out this document. The Department of Education has made clear that there are no upper-income limits for financial aid. ...