In-state students from families earning less than $80K will be able to attend U.Va. tuition-free

[Anonymous]

Anonymous wrote:This is part of the point — uva for a public school does not do much to advance economic status of their grads. From the nyt report a few years ago:

UCLA—https://www.nytimes.com/interactive/projects/college-mobility/university-of-california-los-angeles

UVA — https://www.nytimes.com/interactive/projects/college-mobility/university-of-virginia

More students from the top 20%, among the lowest in economic advancement of their grads (because their grads are already privileged).


Also, for the booster saying that 35% of uva is students of color — here are the diversity breakdowns: http://diversitydata.virginia.edu/ For a state that is almost 20% black, having so few (6%) black students is an embarrassment.

Eh. If UVA is an embarrassment, then so is pretty much every other flagship... Maryland is 31% black, UMD is only 13% black. Michigan is 14% black, UMich is only 4% black, North Carolina is 22% black but UNC is only 8% black, Delaware is 17% black but UDel is only 6% black and so on and so forth.

I get that you need to get whatever dig in at UVA that you can, but it’s pretty intellectually dishonest.

Plus, as a PP said, you can’t really look at population as a whole; you’d need to look at it as % of graduating, college-bound HS seniors.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Yep, same question I had for Bernie: Who's paying?

Presumably the endowment. You got a problem with that?

hk

That would be a bad assumption. This is really redistribution, with higher incomes paying full tuition and it being redistributed in the form of grants to lower income. UVA has been doing this for a while. UVA and W&M do this the most among Virginia public schools.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Look, according to the NY Times link posted above, UVA is about average among "high selective school, public and private" when it comes to average income. 44th out of 65. It and all of its peer are all full of rich kids. I applaud UVA for working on this.

Please prove this. This is not my experience at all at UVA. I also don't understand how you can claim it is 90% rich kids when the application process is need-blind.

Hopefully you learned to read at UVA. I never said 90 percent. But, again, look at the New York Times link. The average family at UVA makes over 160,000 a year. That's a lot of money.

I had two kids go to UVA. They both enjoyed it, but they're the first to tell you it's full of rich kids -- them included.

Even if true, $160K in after tax dollars in the DC area is not "a lot of money". It's roughly $108,000 after taxes. Subtract $32K if UVA instate or $64K if OOS, and you are down to $45,000. Subtract for two children at instate at the same time and you are down to the $30Ks. Then pay for food, mortgage, insurance, utilities, car, life insurance, medical insurance, clothing, etc. That's why UVA is commencing a program to help middle class families with income less than $145K.

You'd have to define rich and then look at actual income data for this discussion to be meaningful.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Is this 2/3 in-state to 1/3 OOS ratio "pledge" coming from UVA or is it coming from the General Assembly?
When I see multiple acceptances from one wealthy Florida high school, I am going to assume that the accepted students are footing the entire bill, especially when I have a family member living in that particular community. I know that anecdotes are not data, thanks in advance.

UVA was spun off as a self-sustaining entity in 2005. It receives less than 5% from the Commonwealth of Virginia. It managed to invest so wisely that its 9.5B endowment is now twice that of UCLA and Berkeley's so it can afford the new programs for low-income and middle-income families in addition to the break on tuition for in-state. It has pledged one-third OOS/ two-thirds in-state for as long as I can remember. That number does not change. I imagine the new President and Rectors could change that but it would require a board vote. If it were to change, the push would be to increase the number of in-state seats, not OSS. Every year Nova legislators put in bills to increase the number of seats for Nova students to UVA but the bills never go anywhere. With UCLA and Berkeley moving to 80/20 in-state/OOS, and Texas at a flat ten percent rule, it will be interesting to see where UVA goes. If it reduces the OOS number, it will lose some of the diversity it has with students from all 50 states and 147 nations. But the Virginians will be happy to see more seats opened up.

As to one "wealthy" Florida school, UVA does need students from all 50 states. Many students from all 50 states aiming for Ivies use UVA as a safety. UVA does not practice yield protection so if the students have the stats, ECs and offer geographical diversity, that's helpful to admissions but once accepted they may peel off for an Ivy. It is also statistically easier to get into UVA as an OSS than as in-state. All admissions is need-blind so it is not aware of a students' wealth factor other than zip code and high school. Only two students from our "wealthy" high school made it in. Admissions might think we're wealthy based upon zip code but we're not. In fact, FAFSA gave us nothing. We're very very grateful to be living in a state with so many educational opportunities.

UVA was not "spun off". It is still a state institution. UVA, W&M, VT, and later VCU has been given more autonomy under a restructuring act. If you are citing less than 5% of budget coming from the state, it is only because you are including the large medical center budget in the total. Without medical, it is 8.3%. Even then, you have to remember that the academic budget has a lot of items in it that you would not expect the state to pay for, including research (much of which comes from federal sources) and ancillary enterprises like housing. So the $150M that comes from the state for general is significant to pay for instruction and not easy to replace. If you had to replace it with endowment, it would take an unrestricted endowment of about $3.3B. On top of that, UVA receives money for capital expenditures, and debt financing is state guaranteed. The statement above makes it sound like UVA gets very little from the state. It actually gets more per student from the state than VT, GMU, JMU, etc. It is true that state general fund appropriations are now less than what comes from private sources at UVA (and also at W&M and VMI), but it is not an insignificant amount and would be difficult to replace.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yep, same question I had for Bernie: Who's paying?

Presumably the endowment. You got a problem with that?

hk

That would be a bad assumption. This is really redistribution, with higher incomes paying full tuition and it being redistributed in the form of grants to lower income. UVA has been doing this for a while. UVA and W&M do this the most among Virginia public schools.

Endowment is not likely the primary source for undergraduate financial grant aid. Most endowment funds are restricted to a designated beneficiary. Not too long ago, UVA's endowment allocation was 31% medical division, 10% athletics, 9% Darden, 4% Law. None of these are going to fund undergraduate financial aid grants with their money. Arts & Sciences, including grad students, is 55% of total enrollment but only 13% of endowment. The most likely source of much of the financial aid is redistribution from higher income students that pay more than the cost of attendance. OOS tuition is significantly above cost of attendance. This is actually how private schools like Duke work as well.

[Anonymous]

According to College Navigator, UVA was already third lowest for net price in Virginia for those under $75K income (with VMI and William and Mary), so this is probably just an evolution of what they were already doing.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this 2/3 in-state to 1/3 OOS ratio "pledge" coming from UVA or is it coming from the General Assembly?
When I see multiple acceptances from one wealthy Florida high school, I am going to assume that the accepted students are footing the entire bill, especially when I have a family member living in that particular community. I know that anecdotes are not data, thanks in advance.

UVA was spun off as a self-sustaining entity in 2005. It receives less than 5% from the Commonwealth of Virginia. It managed to invest so wisely that its 9.5B endowment is now twice that of UCLA and Berkeley's so it can afford the new programs for low-income and middle-income families in addition to the break on tuition for in-state. It has pledged one-third OOS/ two-thirds in-state for as long as I can remember. That number does not change. I imagine the new President and Rectors could change that but it would require a board vote. If it were to change, the push would be to increase the number of in-state seats, not OSS. Every year Nova legislators put in bills to increase the number of seats for Nova students to UVA but the bills never go anywhere. With UCLA and Berkeley moving to 80/20 in-state/OOS, and Texas at a flat ten percent rule, it will be interesting to see where UVA goes. If it reduces the OOS number, it will lose some of the diversity it has with students from all 50 states and 147 nations. But the Virginians will be happy to see more seats opened up.

As to one "wealthy" Florida school, UVA does need students from all 50 states. Many students from all 50 states aiming for Ivies use UVA as a safety. UVA does not practice yield protection so if the students have the stats, ECs and offer geographical diversity, that's helpful to admissions but once accepted they may peel off for an Ivy. It is also statistically easier to get into UVA as an OSS than as in-state. All admissions is need-blind so it is not aware of a students' wealth factor other than zip code and high school. Only two students from our "wealthy" high school made it in. Admissions might think we're wealthy based upon zip code but we're not. In fact, FAFSA gave us nothing. We're very very grateful to be living in a state with so many educational opportunities.

UVA was not "spun off". It is still a state institution. UVA, W&M, VT, and later VCU has been given more autonomy under a restructuring act. If you are citing less than 5% of budget coming from the state, it is only because you are including the large medical center budget in the total. Without medical, it is 8.3%. Even then, you have to remember that the academic budget has a lot of items in it that you would not expect the state to pay for, including research (much of which comes from federal sources) and ancillary enterprises like housing. So the $150M that comes from the state for general is significant to pay for instruction and not easy to replace. If you had to replace it with endowment, it would take an unrestricted endowment of about $3.3B. On top of that, UVA receives money for capital expenditures, and debt financing is state guaranteed. The statement above makes it sound like UVA gets very little from the state. It actually gets more per student from the state than VT, GMU, JMU, etc. It is true that state general fund appropriations are now less than what comes from private sources at UVA (and also at W&M and VMI), but it is not an insignificant amount and would be difficult to replace.

Please read from wiki - UVA gets only 6% from the Commonwealth:


Due to a continual decline in state funding for the university, today only 6 percent of its budget comes from the Commonwealth of Virginia.[44] A Charter initiative was signed into law by then-Governor Mark Warner in 2005, negotiated with the university to have greater autonomy over its own affairs in exchange for accepting this decline in financial support.[45][46] . . . . . .

As of 2013, UVA's $1.4 billion academic budget is paid for primarily by tuition and fees (32%), research grants (23%), endowment and gifts (19%), and sales and services (12%).[89] A mere 10% of academic funds come from state appropriation from the Commonwealth of Virginia.[89] For the overall (including non-academic) university budget of $2.6 billion, 45% comes from medical patient revenue.[89] The Commonwealth contributes less than 6%.[89]

Although UVA is the flagship university of Virginia, state funding has decreased for several consecutive decades.[44] Financial support from the state dropped by half from 12 percent of total revenue in 2001-02 to six percent in 2013-14.[44] The portion of academic revenue coming from the state fell by even more in the same period, from 22 percent to just nine percent.[44] This nominal support from the state, contributing just $154 million of UVA's $2.6 billion budget in 2012-13, has led President Sullivan and others to contemplate the partial privatization of the University of Virginia.[6] UVA's Darden School and Law School are already self-sufficient.

Hunter R. Rawlings III, President of the prominent Association of American Universities research group of universities to which UVA is an elected member, came to Charlottesville to make a speech to university faculty which included a statement about the proposal: "there's no possibility, as far as I can see, that any state will ever relinquish its ownership and governance of its public universities, much less of its flagship research university".[6] He encouraged university leaders to stop talking about privatization and instead push their state lawmakers to increase funding for higher education and research as a public good.[6]

In 2009, the University of Virginia was one of only two public universities in the United States that had a Triple-A credit rating from all three major credit rating agencies, along with the University of Texas at Austin.[90][needs update]"

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this 2/3 in-state to 1/3 OOS ratio "pledge" coming from UVA or is it coming from the General Assembly?
When I see multiple acceptances from one wealthy Florida high school, I am going to assume that the accepted students are footing the entire bill, especially when I have a family member living in that particular community. I know that anecdotes are not data, thanks in advance.

UVA was spun off as a self-sustaining entity in 2005. It receives less than 5% from the Commonwealth of Virginia. It managed to invest so wisely that its 9.5B endowment is now twice that of UCLA and Berkeley's so it can afford the new programs for low-income and middle-income families in addition to the break on tuition for in-state. It has pledged one-third OOS/ two-thirds in-state for as long as I can remember. That number does not change. I imagine the new President and Rectors could change that but it would require a board vote. If it were to change, the push would be to increase the number of in-state seats, not OSS. Every year Nova legislators put in bills to increase the number of seats for Nova students to UVA but the bills never go anywhere. With UCLA and Berkeley moving to 80/20 in-state/OOS, and Texas at a flat ten percent rule, it will be interesting to see where UVA goes. If it reduces the OOS number, it will lose some of the diversity it has with students from all 50 states and 147 nations. But the Virginians will be happy to see more seats opened up.

As to one "wealthy" Florida school, UVA does need students from all 50 states. Many students from all 50 states aiming for Ivies use UVA as a safety. UVA does not practice yield protection so if the students have the stats, ECs and offer geographical diversity, that's helpful to admissions but once accepted they may peel off for an Ivy. It is also statistically easier to get into UVA as an OSS than as in-state. All admissions is need-blind so it is not aware of a students' wealth factor other than zip code and high school. Only two students from our "wealthy" high school made it in. Admissions might think we're wealthy based upon zip code but we're not. In fact, FAFSA gave us nothing. We're very very grateful to be living in a state with so many educational opportunities.

UVA was not "spun off". It is still a state institution. UVA, W&M, VT, and later VCU has been given more autonomy under a restructuring act. If you are citing less than 5% of budget coming from the state, it is only because you are including the large medical center budget in the total. Without medical, it is 8.3%. Even then, you have to remember that the academic budget has a lot of items in it that you would not expect the state to pay for, including research (much of which comes from federal sources) and ancillary enterprises like housing. So the $150M that comes from the state for general is significant to pay for instruction and not easy to replace. If you had to replace it with endowment, it would take an unrestricted endowment of about $3.3B. On top of that, UVA receives money for capital expenditures, and debt financing is state guaranteed. The statement above makes it sound like UVA gets very little from the state. It actually gets more per student from the state than VT, GMU, JMU, etc. It is true that state general fund appropriations are now less than what comes from private sources at UVA (and also at W&M and VMI), but it is not an insignificant amount and would be difficult to replace.

Please read from wiki - UVA gets only 6% from the Commonwealth:


Due to a continual decline in state funding for the university, today only 6 percent of its budget comes from the Commonwealth of Virginia.[44] A Charter initiative was signed into law by then-Governor Mark Warner in 2005, negotiated with the university to have greater autonomy over its own affairs in exchange for accepting this decline in financial support.[45][46] . . . . . .

As of 2013, UVA's $1.4 billion academic budget is paid for primarily by tuition and fees (32%), research grants (23%), endowment and gifts (19%), and sales and services (12%).[89] A mere 10% of academic funds come from state appropriation from the Commonwealth of Virginia.[89] For the overall (including non-academic) university budget of $2.6 billion, 45% comes from medical patient revenue.[89] The Commonwealth contributes less than 6%.[89]

Although UVA is the flagship university of Virginia, state funding has decreased for several consecutive decades.[44] Financial support from the state dropped by half from 12 percent of total revenue in 2001-02 to six percent in 2013-14.[44] The portion of academic revenue coming from the state fell by even more in the same period, from 22 percent to just nine percent.[44] This nominal support from the state, contributing just $154 million of UVA's $2.6 billion budget in 2012-13, has led President Sullivan and others to contemplate the partial privatization of the University of Virginia.[6] UVA's Darden School and Law School are already self-sufficient.

Hunter R. Rawlings III, President of the prominent Association of American Universities research group of universities to which UVA is an elected member, came to Charlottesville to make a speech to university faculty which included a statement about the proposal: "there's no possibility, as far as I can see, that any state will ever relinquish its ownership and governance of its public universities, much less of its flagship research university".[6] He encouraged university leaders to stop talking about privatization and instead push their state lawmakers to increase funding for higher education and research as a public good.[6]

In 2009, the University of Virginia was one of only two public universities in the United States that had a Triple-A credit rating from all three major credit rating agencies, along with the University of Texas at Austin.[90][needs update]"

My note was correct. UVA was not "spun off" and the number I cited (8.3% of budget) is correct for the academic division and more current than what you cited above (which was 9% for the academic division. UVA was given more autonomy in operations in the "Restructured Higher Education Financial and Administrative Operations Act of 2005" you cited. This was not unique to UVA, as William & Mary and Virginia Tech were included with the highest levels of autonomy initially, and VCU was added later. It did not make them independent or privatized. See the description here:
http://www.schev.edu/index/institutional/planning-and-performance/restructuring

As for the budget, the medical center budget is huge and largely comes from patient fees and non-state sources. The same is true of VCU and other state medical centers. That is why it should not be included. As indicated above, UVA gets 8.3% of operating budget from the state in most recent budget for the academic division. Virginia ranks about 36th in state funding per student, significantly lower than states like North Carolina and Maryland, but still considerably higher than states like Vermont and New Hampshire.

The remark seemed to suggest UVA is not getting much from the state, unlike other schools, but that is not the case. To put it in perspective, GMU gets $136M in operating funds from the state in FY2019, while UVA gets $150M. UVA had 24,360 students in fall 2017 vs 36,297 at GMU, so that comes to $6.2K per student at UVA vs. $3.7K at GMU.

[Anonymous]

They have to get admitted first though, right? On academic merit, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this 2/3 in-state to 1/3 OOS ratio "pledge" coming from UVA or is it coming from the General Assembly?
When I see multiple acceptances from one wealthy Florida high school, I am going to assume that the accepted students are footing the entire bill, especially when I have a family member living in that particular community. I know that anecdotes are not data, thanks in advance.

UVA was spun off as a self-sustaining entity in 2005. It receives less than 5% from the Commonwealth of Virginia. It managed to invest so wisely that its 9.5B endowment is now twice that of UCLA and Berkeley's so it can afford the new programs for low-income and middle-income families in addition to the break on tuition for in-state. It has pledged one-third OOS/ two-thirds in-state for as long as I can remember. That number does not change. I imagine the new President and Rectors could change that but it would require a board vote. If it were to change, the push would be to increase the number of in-state seats, not OSS. Every year Nova legislators put in bills to increase the number of seats for Nova students to UVA but the bills never go anywhere. With UCLA and Berkeley moving to 80/20 in-state/OOS, and Texas at a flat ten percent rule, it will be interesting to see where UVA goes. If it reduces the OOS number, it will lose some of the diversity it has with students from all 50 states and 147 nations. But the Virginians will be happy to see more seats opened up.

As to one "wealthy" Florida school, UVA does need students from all 50 states. Many students from all 50 states aiming for Ivies use UVA as a safety. UVA does not practice yield protection so if the students have the stats, ECs and offer geographical diversity, that's helpful to admissions but once accepted they may peel off for an Ivy. It is also statistically easier to get into UVA as an OSS than as in-state. All admissions is need-blind so it is not aware of a students' wealth factor other than zip code and high school. Only two students from our "wealthy" high school made it in. Admissions might think we're wealthy based upon zip code but we're not. In fact, FAFSA gave us nothing. We're very very grateful to be living in a state with so many educational opportunities.

UVA was not "spun off". It is still a state institution. UVA, W&M, VT, and later VCU has been given more autonomy under a restructuring act. If you are citing less than 5% of budget coming from the state, it is only because you are including the large medical center budget in the total. Without medical, it is 8.3%. Even then, you have to remember that the academic budget has a lot of items in it that you would not expect the state to pay for, including research (much of which comes from federal sources) and ancillary enterprises like housing. So the $150M that comes from the state for general is significant to pay for instruction and not easy to replace. If you had to replace it with endowment, it would take an unrestricted endowment of about $3.3B. On top of that, UVA receives money for capital expenditures, and debt financing is state guaranteed. The statement above makes it sound like UVA gets very little from the state. It actually gets more per student from the state than VT, GMU, JMU, etc. It is true that state general fund appropriations are now less than what comes from private sources at UVA (and also at W&M and VMI), but it is not an insignificant amount and would be difficult to replace.

It is absolutely and demonstrably untrue that it's easier to get into UVA from out of state than in state.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Is this 2/3 in-state to 1/3 OOS ratio "pledge" coming from UVA or is it coming from the General Assembly?
When I see multiple acceptances from one wealthy Florida high school, I am going to assume that the accepted students are footing the entire bill, especially when I have a family member living in that particular community. I know that anecdotes are not data, thanks in advance.

UVA was spun off as a self-sustaining entity in 2005. It receives less than 5% from the Commonwealth of Virginia. It managed to invest so wisely that its 9.5B endowment is now twice that of UCLA and Berkeley's so it can afford the new programs for low-income and middle-income families in addition to the break on tuition for in-state. It has pledged one-third OOS/ two-thirds in-state for as long as I can remember. That number does not change. I imagine the new President and Rectors could change that but it would require a board vote. If it were to change, the push would be to increase the number of in-state seats, not OSS. Every year Nova legislators put in bills to increase the number of seats for Nova students to UVA but the bills never go anywhere. With UCLA and Berkeley moving to 80/20 in-state/OOS, and Texas at a flat ten percent rule, it will be interesting to see where UVA goes. If it reduces the OOS number, it will lose some of the diversity it has with students from all 50 states and 147 nations. But the Virginians will be happy to see more seats opened up.

As to one "wealthy" Florida school, UVA does need students from all 50 states. Many students from all 50 states aiming for Ivies use UVA as a safety. UVA does not practice yield protection so if the students have the stats, ECs and offer geographical diversity, that's helpful to admissions but once accepted they may peel off for an Ivy. It is also statistically easier to get into UVA as an OSS than as in-state. All admissions is need-blind so it is not aware of a students' wealth factor other than zip code and high school. Only two students from our "wealthy" high school made it in. Admissions might think we're wealthy based upon zip code but we're not. In fact, FAFSA gave us nothing. We're very very grateful to be living in a state with so many educational opportunities.

UVA was not "spun off". It is still a state institution. UVA, W&M, VT, and later VCU has been given more autonomy under a restructuring act. If you are citing less than 5% of budget coming from the state, it is only because you are including the large medical center budget in the total. Without medical, it is 8.3%. Even then, you have to remember that the academic budget has a lot of items in it that you would not expect the state to pay for, including research (much of which comes from federal sources) and ancillary enterprises like housing. So the $150M that comes from the state for general is significant to pay for instruction and not easy to replace. If you had to replace it with endowment, it would take an unrestricted endowment of about $3.3B. On top of that, UVA receives money for capital expenditures, and debt financing is state guaranteed. The statement above makes it sound like UVA gets very little from the state. It actually gets more per student from the state than VT, GMU, JMU, etc. It is true that state general fund appropriations are now less than what comes from private sources at UVA (and also at W&M and VMI), but it is not an insignificant amount and would be difficult to replace.

It is absolutely and demonstrably untrue that it's easier to get into UVA from out of state than in state.

Correct. OOS standardized test scores are higher and admission rate significantly lower according to data on SCHEV.

[Anonymous]

Anonymous wrote:

Anonymous wrote:They need to raise the max cap to $150K for families in NOVA.

Confused. What are you talking about?

I'm not the person you quoted, but the cost of living in NOVA is significantly higher than the cost of living elsewhere in the state. Our combined HHI is close to $150,000. We do not take fancy vacations or live in a McMansion. We have one car. There is no way we could pay full cost of UVA, but it is also unlikely we will qualify for financial aid. (We have been saving in 529, fortunately.)

It does feel a bit deflating however to know that one of us could have quit our job, and presumably have an easier time paying for college at UVA.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They need to raise the max cap to $150K for families in NOVA.

Confused. What are you talking about?

I'm not the person you quoted, but the cost of living in NOVA is significantly higher than the cost of living elsewhere in the state. Our combined HHI is close to $150,000. We do not take fancy vacations or live in a McMansion. We have one car. There is no way we could pay full cost of UVA, but it is also unlikely we will qualify for financial aid. (We have been saving in 529, fortunately.)

It does feel a bit deflating however to know that one of us could have quit our job, and presumably have an easier time paying for college at UVA.

What makes you think you can't get any financial aid for UVA?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They need to raise the max cap to $150K for families in NOVA.

Confused. What are you talking about?

I'm not the person you quoted, but the cost of living in NOVA is significantly higher than the cost of living elsewhere in the state. Our combined HHI is close to $150,000. We do not take fancy vacations or live in a McMansion. We have one car. There is no way we could pay full cost of UVA, but it is also unlikely we will qualify for financial aid. (We have been saving in 529, fortunately.)

It does feel a bit deflating however to know that one of us could have quit our job, and presumably have an easier time paying for college at UVA.

What makes you think you can't get any financial aid for UVA?

We might get aid, but there's a big difference between "some aid" and "tuition free"

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They need to raise the max cap to $150K for families in NOVA.

Confused. What are you talking about?

I'm not the person you quoted, but the cost of living in NOVA is significantly higher than the cost of living elsewhere in the state. Our combined HHI is close to $150,000. We do not take fancy vacations or live in a McMansion. We have one car. There is no way we could pay full cost of UVA, but it is also unlikely we will qualify for financial aid. (We have been saving in 529, fortunately.)

It does feel a bit deflating however to know that one of us could have quit our job, and presumably have an easier time paying for college at UVA.

What makes you think you can't get any financial aid for UVA?

We might get aid, but there's a big difference between "some aid" and "tuition free"

Ok . . . but why should it be tuition free for a family making 150K? I'd rather pay something and make 150k than pay nothing and make 80k. UVA in state doesn't cost 70k a year, so you're still better off.

Check your privilege.