Good thoughts, but most of us do not know how the committees work. Presumably, those who are closer to the school, either as family, by hashkafa, by teaching there, etc will get a better deal. I am all for making the system more transparent, but practically speaking we are using the approach that we saw several of older “working” friends were using:
do not submit any financial forms, simply come to school and suggest that you’ll pay X $$$ or X%. The number should be fair, depending on your circumstances, number of children in school. your dependency on the school and how much markup the price is over the true cost. Do this number yourself, do not leave it to them. Generally, it would be 50%-70% of published price. This presumably covers your own children, excluding paying for the “non-working” families. If, say, general studies are so bad that you will have to teach them separately, then maybe 40%.
How do I know this is a good number? I once started conversation with a new financier, saying “I would like 30%” (meaning I am asking for 30% off). He thought that I am asking to pay 30% and almost had a heart attack. I quickly finished the sentence and we immediately shook hands.