New York City private schools consider financial aid for families earning up to $800,000

Elite private schools in New York City, with tuition over $60,000, may now offer financial aid to families earning up to $800,000. This marks a shift from the traditional view that financial aid is only for lower-income families. Léman Manhattan Preparatory School's chart indicates that families making up to $600,000 could qualify for aid with two children enrolled. Those with three children could receive support even at $800,000 income. This trend is seen at other schools as well, like The Dalton School, which offers significant tuition reductions for families earning $40,000 with low to moderate assets.