Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
College and University Discussion
Reply to "Any elite school grads/parents care to chime in?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous]family income 125k[/quote] As others have pointed out, use the net price calculator. At the upper ends of selectivity, all that matters is your family income. If your DC is a serious Ivy (and MIT & Stanford) candidate, you can assume that you will have enough financial aid in the form of grants to cover all of tuition. The range in different aid packages DC might get offered will reflect how much of the living costs will be covered. In general the expected family contribution will be in the $10-20k, range. Between summer jobs and work study and federal loans (don't use private loans), DC will be able to cover at least $10k himself leaving you with a parental contribution between $0-$10K. The challenge is harder for students going to schools the next level down in selectivity. They are less generous with financial aid and you really need to shop around to find out what they can offer in aid. In order to get merit scholarships, a top student needs to climb pretty far down the selectivity ladder. Seldom will private schools (such as Grinnell, Oberlin, Reed) provide merit aid that exceeds tuition. The public schools that offer merit aid (Ole Miss, Alabama, etc.) are generally relatively low selectivity. [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics