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Reply to "Does everyone on here with kids applying to top 50 schools really have the $80K per year to spend?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I didn't read this entire thread but my kid who currently attends a top 50 school got a scholarship worth more than half of tuition - so not one of the full rides, but very substantial help. Also was offered a spot at a T25 that was 85K per year so not attending that one. Many of my kids' school friends are also on partial scholarships of varying degrees - not everyone is paying full freight.[/quote] What kind of scholarship? Very few (if any) T30 colleges offer merit scholarships, and I don't think it is a stretch to say that applies to T60. [/quote] Academic scholarships/honors college offers include some money ($25,000 + per year at my kids' school). Other kid at a lower ranked LAC also got merit money. You have to be willing to take an offer a bit below your top acceptance level if you want merit aid, but it does exist. But parents on DCUM seem to mostly be interested in getting their kid accepted to highest ranked school possible and that is inconsistent with merit aid, unless you are winning one of a very few full rides.[/quote]
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