How is Harvard (@70,000) better than your instate school (UVA - 10-11,000 for tuition, tack room and board and books, etc. $28,000. Unless DC gets a annual $43,000 scholarship (which he won't) how can you say that? |
LSAT, actually. BOOM! Choice of HYS, Chicago, UVA and Michigan law |
| Many do not like UVA, even instate. |
Very good point. I will just go to Harvard instead!
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+1 Not good enough for TJ kids. |
This is how (from Harvard's FA website): The Basics •Close to 60% of our undergraduates receive Harvard Scholarship. •20% of our parents have total incomes less than $65,000 and are not expected to contribute. •Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances. Families at all income levels who have significant assets will continue to pay more than those in less fortunate circumstances. •Two-thirds of students work during the academic year. So the family making $170k actually contributes something like $20k, meaning the scholarship dollar you reference (it is actually a grant) is more like $50k and not $43k. So, the facts support the previous poster, despite your incredulity. |
With the sliding scale tuition, families up to $180,000 will pay 10% of their income. So, at 170K, all in all we paid $17K/year at Harvard. Cheaper than UVA! And how can you say that he WON'T receive a $43,000 scholarship? He DID, actually. More than $43K. |
+1 Harvard/Ivies have FANTASTIC aid. For people making under $200K year, which is the vast majority of people in this country, the cost is quite reasonable. |
technically speaking, it's not a scholarship. it's a FA. |
True. The incredulous PP used the word scholarship, so I did as well. But yeah, Ivies don't technically give scholarships. |
The thing to remember is that if your EFC is say, $20,000, it will be $20,000 whether you're at a school that costs $20,000 or a school that costs $70,000. For schools that meet 100% of need, that means you will pay $20K even if the list price is $60K. Our HHI is $150K (which I do not consider middle class), and our EFC came back at $26,000. Now, we don't know if our child will be accepted to the private colleges he applied to. However, because we did our research and he only applied to private colleges that meet 100% of demonstrated need, this means that we will not pay more than $26K at any of these schools. At some schools, like Harvard, you are only expected to contribute 0-10% of your income up to a certain point, so we'd only be paying in the $15K range for Harvard. |
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[quote=Anonymous]Many do not like UVA, even instate.
BWAHHAHAHAHA. Says the mother whose kid didn't get in. |
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