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College and University Discussion
Reply to "Cornell v Brown v Tifts"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They are all good schools. They are expensive and none offer merit aid. So either you pay full tuition or you receive financial aid. My DC wanted to apply to Tufts but we crossed it off our list because of cost (along with a lot of other schools). If a school is $65,000 a year for undergrad and does not offer merit aid then off the list it goes.[/quote] While this statement is absolutely true for some, it does not tell the whole picture for a very large segment of the population. Please look at the need-based financial aid offered by each school. Families with HHI of $200k or less will often find that need-based aid can exceed merit scholarships (often by a large margin) and the mix of aid provided (grants versus loans) can keep student indebtedness to less than the amount for a large public institution. [/quote] You are joking! Your income must be well below $150K or you will not be eligible for FA!! With an HHI of $200K, you will not receive any FA!!! Not a penny!! HYP offer better aid than most, but even HYP will not give you FA if your HHI is $200K!! Unless you have four kids in college, then maybe.... But for one kid, or your fist kid, you'll get nothing for FA. Merit aid, OTOH, is available to all, regardless of income. BTDT. Merit aid is the way to go. [/quote]
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