Huh? It wasn't the slightest bit life changing to the cousin whose daughter received it. It was most welcome, but not life changing for them. And they aren't Catholic, BTW. |
Ivies don’t make any money from sports. I don’t recall even having to pay for tickets to games. |
| Your son is a walk-on. They don't have scholarships. Some earn them eventually after playing for the team, but Ivies don't do athletic scholarships. Asking for scholarships or grants because your kid walked onto a team won't get you anywhere. |
| Four years of ND will cost about $325,000. $40,000 is a 12% discount ---yes, it's better than nothing, but you still need to pay $285,000. |
This. My kid is applying to WM and SLACs with good merit aid. Needs to bring the price down to about $45,000 a year— a bit over WM— for us to make them work. $10,000 / year would not be life changing for us. It would be nice to get a $10,000 break at WM, and give my kid a cushion for grad school or a down payment in the future. It wouldn't more the needle on attending Oberlin— we can’t afford $65,000 a year, and no way my kid takes on undergrad debt when WM without debt is an option. So not life changing. It’s only life changing if it gives you different and better options. A $30,000/year scholarship from some of these schools, OTOH could actually be life changing. It’s like saying you negotiated the price down $100,000 on a $1.2M house. If you can only afford $750,000, it’s not life changing. |
Thank you. And yes, they are paying the other $325k. They are very proud of their kid. The point of my post was that we sometimes forget that D1 scholarships are often not big enough to really matter. A family with fewer resources might not have been in a position to accept their best athletic option. We are making a mistake when we think that athletic prowess is a free ticket. |
|
My DS plays baseball and he is in the recruiting process right now (he's in high school.) We have educated ourselves on the money situation in baseball. And if he is recruited to play D1 baseball, we are very aware of how little money he is going to get.
In baseball, each team is allowed to carry 35 players. Only 27 are allowed to get any money, so right off the bat, 8 of the team members get $0. The schools are only allowed to give out 11.5 scholarships. Usually the coaches will divide that money up but a player has to get at least 25%. And a program might not be fully funded. For the sake of easy math, if tuition and room and board is $10,000 (i know that's low), a fully funded program would have $115,000 to dole out to 27 players. But the program may only be given a budget of $100,000 so they are $15,000 short. And the money is guaranteed for only the one year. So if a player doesn't perform, the coach may keep the athlete on the team the second year but not offer any money. |
The cost of ND is $280. |
And Div I at an Ivy would be $0. |
| A $10K scholarship goes down in value as the student ages because tuition keeps going up and the scholarship stays the same. |
That’s not how it works at least where my kid goes to school/for his sport. Your athletic scholarship is a percentage of tuition and other costs. So you get say 25% of the total cost covered per year (can be different percentages for each year, like 25%, 25%, 50%, 50%). It is also guaranteed for 4 years so long as you stay on the team and try to come back from any injury. |