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Reply to "how much do you have to donate to your alma mater to get your kid an edge?"
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[quote=Anonymous]Harvard apparently accepts 30% of legacies vs 6% of regular applicants. Not all the legacy kids can be from big donor families (endowed a chair or built a building) so there must be some sort of boost there. So I'm guessing you might get a slight bump from giving small amounts steadily over the years. You could probably also get the same bump from interviewing applicants or getting involved in the local alumnae club. But it won't give your kid a very big advantage and the extent of any advantage probably depends on the college in question. I've heard that you don't get much love for the occasional donation of $50-100 every 4-5 years, because they're looking for loyalty to the college. I've actually wondered the reverse. My alma mater is one of the richest schools in the country and I've rarely donated because I figured some other charity had more need for my small donations. So I wonder, if DC decides he loves my alma mater, and he mentions I went there, would that hurt him?[/quote]
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