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[quote=Anonymous][quote=Anonymous]Genuine question: Why is Elon so much cheaper than other private schools? Is there some secret - or is literally every other private school a giant rip-off?[/quote]

Outside of the top-25 maybe 35, most other private schools offer significant amounts of merit awards to all incoming students. A lot of mid-level publics do too for out of state students. It may look like your student is special and really being recruited as part of their admission, but they all get it. They just hype the sticker price so it looks like it's as valuable an education as Princeton or Harvard. The true price is much lower.

Elon just dispenses with a lot of the sticker price/discount price aspect and just starts lower. They still give merit awards, but it's to a much lower percentage of the incoming class (top 15% get Presidential award of $10k; fellows get $13,500, they can be stacked). It totals about 25% of the incoming class instead of 80% at most schools. The net price is very similar when all is said and done.[/quote]

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