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College and University Discussion
Reply to "Families making $200k - $400k"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For families making $200k to $400k (of which there are a lot in the dmv. Two parents each making $150k, etc). If you have a senior going to college, what kind of merit aid are you seeing? We were at ~$280k for 2024 (the tax year colleges review for current HS seniors). DS has strong-ish stats like so many others (4.0 w, 1400 (not submitted except to safeties), deep ec's including 4 years volunteer, robotics, debate, and varsity athlete- not playing in college). We received $20k merit from two T50 private universities, $40k from two SLACs, and $70k/yr from a target liberal arts school where we expressed extreme interest. $1.3m house w/$950k mortgage and virtually all savings in retirement funds. What merit aid are others in this income range seeing? [/quote] Out of curiosity, how much do you have saved for retirement? Also, which liberal arts school offered $70k/yr?[/quote] This sounds too good to be true... OP, would you be willing to share which schools? Thanks![/quote] This matches the experience of most of the kids I know who were "chasing merit". My kid with stats that were good but not spectacular has plenty of options where merit brought it below the list price of our instate schools, although he also got offered merit in state that brought it lower than some of the offers. [/quote]
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