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College and University Discussion
Reply to "Relieved My Child Did Not Get Into Her Dream School"
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[quote=Anonymous][quote=Anonymous]What's wrong with kids getting disappointed? If you are clear up front that money will affect the outcome. They apply. Hopefully they study extra hard for the SATs because they need that merit aid. School makes a choice. Parents and child make a choice. Sometimes life is disappointing. [b] If the kid had a reasonable chance of getting in with aid[/b], why was it bad to try? When I applied to grad school, I got into some but not many. The more elite the less likely I was to get in with money. It still made sense to apply for that NSF even if I was a longshot.[/quote] It's not bad to try **if the kid has a reasonable chance of getting in with aid.** But if you are applying to a school that offers no merit aid (or very little) and you have used the net price calculator, you can make a pretty good guess whether you can afford it. If you can only afford to spend $30k per year, and you run the net price calculator at Harvard for your brilliant child and it estimates that your family contribution will be $55k, why would you/your kid waste the application fee and the time needed to write a good application? Time and money better spent elsewhere--such as a school that offers significant merit aid to students like your brilliant child.[/quote]
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