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College and University Discussion
Reply to "“Hot Colleges” (2018 admissions cycle)?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]SLACs outside of the NE continue to gain in popularity (Rhodes, Sewanee, Kenyon, Denison, Macalester, Occidental).[/quote] They give merit aid. Lot of parents in the donuthole, which makes them affluent (high achieving kids) in urban areas. Out of pocket, likely 80k by the time my kid graduates, times two kids. When WM is an excellent in state option. Just not going to happen. Oberlin or Grinnell with about 20k to bridge the gap? Very interested. Probably more interested in Bates, Bowden, Reed or Amherst. But with no merit aid, we aren’t even considering them. We can’t be the only parents making this calculation. [/quote] I know of two NVa kids admitted to Sewanee and Rhodes this year with merit aid that put the net cost about 15% lower than W&M in-state. (Have you looked at W&M's total cost of attendance for next year? It was an eye opener for me.) So, don't assume a LAC is out of the question from a cost standpoint. [/quote] [b]2018-2019 W&M COA [b]In-State: $39,225[/b] OOS: $61,370[/quote] Yowza![/b] [/quote] Holy, Moley, when did that happen? I have a student at UVA. We're paying only $23K (everything included).[/quote] $23K? Does your student have a scholarship? None of these figures are near $23K, they are higher: https://sfs.virginia.edu/cost/18-19[/quote] Yep. WM $23,400 next year tuitiion and fees, $15,800 R and board, books, travel, incidentals. But this does not increase after the first year. So yeah— close to $40,000, all in WM. Making me very thankful that I have a prepaid VA 529 and a kid whose first choice is WM, and is from TJ with the stats to get in. BTW—we didn’t start the prepaid part of the 529 until 7th grade. We will ultimately pay in about $67,000 in tuition, without a lot of time for it to increase in value, but it will cover about $100,000 in the 8 semesters of tuition we bought if DC ends up at WM starting in 2020. If you have a kid who might go to WM, it’s a great deal. The again— VT is only $13,600 in tuition and fees next year, and under $23,000 with room and board. CNU is about this much. As is BCU. UVA $16,520 tuition next year, $32,500 all in. BTW, I heard on NPR that WM is the most expensive public school in the country... [/quote]
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