This is quite correct. That's why you do have to pay attention to the scattergrams. It is almost impossible to get into UVA from Langley High School. However, if you were to apply from the southern or western part of the state, it would be a whole 'nother story. By the way, for the mom who wants Perdue, it's Purdue not Perdue like the chicken magnet. |
Thank you, when I looked at it it seemed off, but my Friday afternoon brain couldn't figure it out. Spelling is not our family's forte. (nor is typing ![]() |
My #s were based on an (out of state) state scoool. Our bottom line cost is about $32,000. UVA publishes cost of attendance to be $24,000 per yr for VA residents. |
Not sure if I'm understanding you but to clarify: when your kid goes OOS, VA prepaid converts to a VA 529 account essentially. VA plan will pay out the average cost of Va tuitions at today's tuition, not based on when you purchased your prepaid contract. |
Well, actually it is the "new Jew". Jews were better qualified but actively discriminated against in the Ivies through at least the late 1950s. For example, a friend of mine told me in the very late 1950s there were only so many Jewish slots at Harvard Law (in contrast, when I went there, I felt like the only WASP and there were few Asian Americans); only so many slots on the Law Review for Jews; and, after graduation, Jews knew which law firms in NYC were Jewish, and which were not and applied accordingly. That world has completely changed. I glanced at the NYTimes article someone posted and it talks about this anti-Jewish discrimination going back to the 1920s (when better qualified Jews started applying to the Ivies) and lasting through the 1960s. Of course there weren't many women when I went there, either. Now women are more than 50% of the class in most law schools. |
And it's magnate not magnet. My father went to Purdue and hated that he was from Indiana his whole life. He probably would have called the school a chicken magnet since in his day so many farm kids attended the school. |
Straight from Wikipedia: Legacy preferences in comparison to other programmes At some schools, legacy preferences have an effect on admissions comparable to other factors such as being a recruited athlete or affirmative action. One study of three selective private research universities in the United States showed the following effects (admissions disadvantage and advantage in terms of SAT points on the old 1600-point scale): Blacks: +230 Hispanics: +185 Asians: –50 Recruited athletes: +200 Legacies (children of alumni): +160[6] So for Asian applicants, SAT is automatically deducted by 50 points. |
|
Early Decision is another tool many of the college counselors don't tell you about. And yes, the GPA is usually a bit lower for ED students. Some of the SLACs now fill almost 50% of their first-year classes with ED admits. DC ended up on the waiting list at her two greatest reach schools. She's very happy where she ended up but sometimes wonders whether ED might have made the difference. |
No, if your chld does not attend an in state school, the plan will pay out what you paid in plus passbook interest rates with a Cap of whatever the current average public tuition rates are in VA.. So, we put in around $21k and have earned (mainly in the early years) enough so the payout is around $28k. They do not pay out the current tuition rates if your child does not attend a in state VA school. WWW.Virginia529.com/vpep/index.php "Out of State College or University: The lesser of ayments plus reasonable Rate of return (aka passbook) or Cap = Average of Virginia public institution tuition and mandatory fees" |
ED is fine if you can afford to foot the whole bill. I have heard that it takes away some of the bargaining power/financial aid offers, even for merit aid. |
Ok but we've been having checks sent from the VA plan directly to the OOS college in an amount equal to the current average of Virginia state college tuitions. At least that's how it's been for 5 college semesters. |
Have they paid out significantly more than you paid into it? When did you start the VPEP? Maybe they changed between the time that you enrolled and we enrolled. We get an accounting periodically from VPEP leting us know how much our VPEP is "worth". |
I'm wondering if the rules for payout change when you convert from VPEP to the VA 529 (which was recommended and we did)? |
Good point. |