Financial Aid Pitfalls for High-Income Families—and How to Avoid Them
It’s a common misconception that high-income families are automatically disqualified from financial aid. In reality, many families earning over $200,000 still qualify for significant tuition discounts—if they play their cards right. The key is understanding how the aid formulas work and avoiding the missteps that derail eligibility.
At Diversified College Planning, we specialize in helping high-income families uncover aid opportunities. We often see parents disqualify themselves by liquidating assets, filing FAFSA too late, or applying only to “reach” schools that don’t offer merit aid. These preventable mistakes can cost families tens of thousands.
Here’s what to watch out for:
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Not filing the FAFSA or CSS Profile due to incorrect assumptions
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Applying to colleges that only offer need-based aid
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Missing merit aid cutoffs by skipping test scores or applying too late
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Not understanding how multiple students in college changes aid formulas
Our strategic planning process helps you avoid these traps and take full advantage of aid formulas—even with a high income. We use software to forecast your aid eligibility and guide you toward schools that offer the best net price for your situation.
Contact Us Today: Want help uncovering aid opportunities even with a high income?
📞 Call us at 770-662-8510
📅 Schedule a free consultation: Book with Jarad
Or visit our Contact Page: https://diversifiedcollegeplanning.com/contact-us/
