+1 Similar story here. DC very happy but I am wondering if he would have been equally happy somewhere where we got ome merit aid. |
OP here. Wow. That’s a really big difference. I basically think this is what’s likely to happen, and while it will probably bother me a little, that will be ok. I admit I will be upset if DC gets nothing because I know they are a competitive student. But who knows. Maybe they wont even get in! This is a top 30 LAC. |
OP here. That’s basically it. This is a top 30 LAC. If it was an Ivy, I’d have no issue spending the money. But it’s not. We specifically looked at it because they do seem to give good merit to a lot of students—especially considering their ranking. But I know we’re giving up leverage. I think we’re going to just do it. |
This is great advice. If acceptance rate is below 20% your kids grade and scores could be fantastic and there is still a very good chance they will be rejected. |
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Because of so much uncertainty, randomness, and luck factors.
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Why do you "hate ED"? Whole point of ED is it should be your top choice or at the bare minimum one of your top choices, and definately a school you would be thrilled to attend. It's okay if you don't have a single school that rises to the top, then you simply don't ED anywhere, like many people |
Parents should not "control" where their kid goes, beyond stating "we have $X for you to spend yearly over 4 years" and anything beyond that is on you to figure out how to pay. Fact is, your kid will achieve the most if they are at a school they picked and want to attend, not at the school mommy & daddy think they should attend. And that $X should not change across schools---if you are willing to spend $X then it should apply to Harvard as well as a school ranked ~50th IMO |
There are definately "Best Fit" and yes your 17/18 yo can recognize that. My kid ED to their top choice (T10 school) that is my alma mater and yes the kid loved the school but ultimately I think where they actually ended up was their "best fit". I could tell that from the moment they first visited the school. Both visits I saw my kid light up with excitement, at a level I did not see at any other school---they just clicked with the professors they visited, the staff they talked to and the students who gave the tours. I could just see that my kid would fit in with the students we saw walking around campus on the tours. Sure there were another 4-5 schools they would have been very happy at and done well at, but IMO my kid ended up at the place that is actually best for them. And meeting their group of 10+ friends at the end of freshman year confirmed that they are in the right place. |
I think the idea of merit as leverage is misguided--esp. at a top 30 LAC. They have enough qualifying candidates, they aren't using merit aid as a lure to keep any particular one in the fold--rather they use pattern of offering merit aid to encourage people to apply. They also want to encourage ED so they aren't going to disadvantage those students in awarding merit. |
ED is repugnant because it’s a tool for schools to retain wealthy students. Other very worthy students are cut out from the process entirely. |
Not true--you can get an estimate of your financial aid at ED. We're far from wealthy--100k HHI in the DMV, family of 4 and we did ED because the NPC told us the college would be affordable for us. |
I can understand the hesitation if you're in DC or MD but I think VA has viable options. (Not to start a riot about UVA versus UMD, dear god I've seen enough of those on here). |
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I think ED gets a bad rap (especially on DCUM). Somehow there is a misconception that applying ED will allow a student entry into a program where they may not otherwise be a strong candidate. Also, there are misconceptions regarding financial aid with ED programs. ED students get financial aid offers (including merit aid) and can negotiate with the financial aid office re: proposed awards; you can turn down an ED offer if you cannot afford it. Two of my kids applied ED to programs where they were certain they wanted to attend. My older child was very happy to have their decision made and to avoid the stress and frenzy of the regular decision process. My younger one ended up turning down the ED offer due to financial reasons but took an EA offer with a strong merit aid package.
The ED choice shouldnt be made from a place of anxiety. I think we all do better to let go of the name-brand/T20 competition and focus more on helping our kids choose schools that are a good fit for them (not who parents want their kids to be) and are affordable for the family |
+1. All you have to do is file the FAFSA or CSS early. But people want to believe the liberal line without doing their own research. |
This isn't a "liberal line"== It's just a difference of opinion on a policy. Everything isn't neatly divided. |