Thanks for sharing. We have young DCs who may or may not apply so thinking it through. |
Which schools? The same ones someone identified above? Or was that you? |
Thanks! We've been generous, mainly bc we want to support the school and its mission, especially now. |
| $100 a year which is all I can afford but would give more if circumstances allowed. Had a fantastic experience in college and am very grateful. |
No, haven’t named any schools and won’t. |
| Spouse and I both went to non-selective publics and have done well. Mostly give ($20K/yr) to one of our DCs schools than to either of ours at the moment though one of the schools (a SUNY) will get a 7 figure gift in the future based on our long term giving plan. |
| I do, DH does not. Our kids did not apply to any of our alma maters. Our kids who have graduated also donate to their schools. |
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My spouse and I met in college and got married shortly after. We give to our college every year, but I don't know that we've given more than $50–$100 in any given year.
Even if we can't give a lot, I like to remind myself something we told our kids a lot, that "you get good at what you practice", and generosity and gratitude are two things I want to be good at. This is one way we're working on that. Because OP asked: As it turns out, two of our three kids now go to the same school we went to, but (perhaps obviously?) our donations and their applications where wholly separate things. |
| Yes, initially $1K/yr, but recently dropped to $500, as my philanthropic focus has changed to favor a specific medical research charity. Child was accepted, and attended. |
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I think I gave $50 once a couple years after I graduated. I never made big money and the association with the school didn't get me much. Over the years I dropped off the phone list and they stopped bugging me. No worries, Carnegie Mellon has billions and my donation wouldn't mean a thing.
The threshold for getting in and the price have risen to the stratosphere and my kids never considered it. I just have the memories of a different time and place. |
| No, never, ever. |
| I don't give money to my alma mater but I do give money to Maryland athletics |
| Started 100 to 500 dollar donations per year to my top 5 undergraduate and top 10 medical school since completing my fellowship. I benefited from scholarships, and I wanted to give back to my alma maters. Twins accepted REA. Both not interested in medicine. |
| So - givers: for some of you it sounds like you’re thinking it gives your kid an admissions advantage. Is that right? Do you think it’s significant? |
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We were giving $20K/yr to one alma mater (SLAC) and $10K/yr to the other. Oldest kid was accepted at both. Other kids did not apply.
The kid who applied should have gotten in anyway. |