My financial advisor suggests me or my wife purposely take 3~4 months off this year to low the family AGI to increase the chance to get FA. But what you said is it will hurt my child top college admission ? Is it true? Could you make it clear? We still can reverse the decision NOW.
How about assets? Currently we have about $800K in real estate equity and about $300K in 401K. Will that help or hurt for my child admission?
It looks there is some conflict between FA and admission.
My friend told me the same thing: Two years ago, their son was admitted by Cal Tech with full FA / scholarship. But nothing from Stanford.
