Reply to Does full pay make a difference at small LACs?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid is head over heels in love with a small northeastern LAC. It's not one that many in this area seem to be familiar with, but it has that typical 25%ish acceptance rate. My kid has an UW 3.6, W 4.2, 32 ACT and full IB diploma...so I suspect this will be an application that is on the edge.

We have [b]interesting financial circumstances where we can pay in full, but also may qualify for aid[/b]. Would paying in full and not requesting to be considered for aid possibly help tip the scales? [/quote]

If you can pay in full, how can you qualify for need-based aid?

The EFC is what it is.[/quote]
I'm not the OP, but when my mom died she left each of her four grandchildren $80K for college. We make about $160K/year so that might qualify us for aid especially at the elite schools with big endowments, but with the educational trust, 529s, and out of pocket we'd still be able to swing full pay.

It's actually an interesting question. My kids are freshman in HS and 7th grade [/quote]
Oops, hit send too soon. My kids are still a few years from college but it's a "dilemma" we'll probably have too.[/quote]

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