Tuition and Financial Aid: How Much Can a Family Afford?

Tuition and Financial Aid: How Much Can a Family Afford?
Tuition and Financial Aid: How Much Can a Family Afford?

Volume 50

No. 1//

January 1, 2025

Financial aid committees often focus on getting the award “right.” By that, they usually mean providing just enough financial support to meet a family’s demonstrated need, but not a penny more. But recently the ISM consulting team posed a different question: What percentage of its annual income should a school expect a family to allocate to tuition?

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