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College and University Discussion
Reply to "How are normal people paying for college? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Kid applies to safeties, which — because kid’s stats will be great comparatively — will offer various amounts of merit scholarships. Then compare and contrast. [/quote] You might think. That was part of our strategy. I will be interested to see if that winds up being true this year. I have seen people claim that schools are giving out smaller merit awards to more students, rather than larger awards to a smaller population. Has anyone else seen that? As an example, Drexel, which was a safety for my kid, seems to have given out small merit awards, even for students with high GPAs and test scores. [/quote] Right. I’m the PP, and should’ve added that applying to safeties known for merit is only part of the plan. We have also been saving as much as we reasonably can in 529s. The amount of the award will obviously depend on a number of factors, and some schools are tightening up. Some good options in the past (Pitt, Drexel, Hofstra) may not pan out as hoped. [/quote]
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