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Reply to "Question about financial aid at Ivies"
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[quote=Anonymous]OP, as you undoubtedly have figured out, the FAFSA gives you no credit for the private school tuition you are paying, although the FAFSA does take into account any siblings who are in college. As others have said, you would need to make some choices if you are considering the Ivy seriously. DC is at an Ivy with a decent endowment and has several friends there who are athletic recruits from the DMV area, in several different sports. The perks seem to be limited to things like cafeteria privileges and a laundry service. I have heard that Harvard, for one, has a few pockets of merit aid that they don't tout very much. But this money is not necessarily for athletes - a friend's kid actually got some of it for scientific achievements. The availability of this money might also depend on whether your kid plays one of the high profile sports, read the sports alumns care about. In addition, I don't think you can count on the college "finding" money for your kid - my understanding is that these pools of money are not very deep, and the Ivies really do have an agreement among themselves not to provide merit or athletic money, and this agreement would be undermined if there were too much of these secret slush fund monies being handed out. [/quote]
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