Reply to Do parents choose Latin/BASIS over Deal/J-R?

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Reply to "Do parents choose Latin/BASIS over Deal/J-R?"

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[quote=Anonymous]My kid was in class of 2024.  He got lots of merit awards, none of which we used b/c he didn't attend those particular schools.  I'm sure his awards were just added to the total.

[quote=Anonymous][quote=Anonymous]What are the Basis demographics?

The website says that the average Basis graduate earns $112k in scholarships.

This would imply that incomes are quite low because top schools don't award merit.

However, I wonder if they are being lazy and taking the total scholarships awarded for admittances and then dividing by the student body.

So, if one kid is admitted to 10 schools with a free ride to each, that total amount is divided by all students.[/quote]

-You can look up the demographics.  They draw from all over DC

-Your numbers are out of date.  The Class of 2024 earned $10.2 million in merit scholarships, which works out to $165,000 per student.

-You really can't assume anything about income from these numbers.  These are MERIT scholarships.  Plus, maybe a poor student was accepted to Harvard via Questbridge and never applied to other schools to get a merit scholarship.

-Plenty of top schools offer merit scholarships including Duke, UVa, Vanderbilt, and Emory.

-Lots of schools provide a merit scholarship number because many kids would, say, pick a full ride to Duke over having to go to Princeton and have to get loans to cover a chunk of the tuition.  A high number means that a lot of kids are highly sought after by colleges since a bunch of colleges are willing to pay kids a lot of money to come.
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