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College and University Discussion
Reply to "For UMC families.. how much did you end up paying OOP for college?"
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[quote=Anonymous][quote=Anonymous]You just have to decide - if you want merit aid, look at schools that are less well ranked. We are going through this now. My DS was offered merit aid at his safety school - we are waiting on some other schools and then he will decide.[/quote] This is what you do. I kid applied to some reaches, that in the end could likely have been out if the running due to $$ (especially when we stood them up against offers from second tiers). You might be surprised. My DC fell in love with one of her supposed safeties, and chose it over better ranked schools. That is not a bad thing. She got about half price merit aid, which means I can afford at least 3 years of attendance with our 529 savings. Since I continue to make deposits into that, we should have almost full coverage when all is said and done. Just be aware, certain expenses are not that obvious when you are making these calculations: like books and lab supplies (which add up for science majors--like $300 a book!), study abroad expenses and the annual tuition increases![/quote]
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