Word: im
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Concerns about the current aid formula resulted in a proposal by the College Board to change the IM, a proposal which is now being reviewed by financial aid offices across the country...
Because the IM now only looks at "a snapshot" of a family's income and assets, examining them only at one point in time, some families feel as though their savings are counted against them...
According to Joyce, when the IM was created in the 1950s, very few employers offered retirement savings for their workers. But the situation has changed, he says, and now it is safe to assume that families with an income over a certain amount will have some retirement money provided for them...
...final amendment on the table would change the connection between income and assets in the IM...
...ultimate payout to students is unknown because the IM is not the final say in financial aid. Like most schools, Harvard deviates somewhat from the IM's recommendations...