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Reply to "What's the difference between Amherst and Pomona?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Pomona does have a huge endowment for its size and they spend a fair bit on students. [/quote] Both Amherst and Pomona are among a handful of schools that give every single student some degree of a subsidy to the full cost of attendance, even those who pay sticker price. Both schools spent over $135,000 per undergraduate last year. [/quote] Really? Can you share more about what this ends up looking like for full-pay families and whether/where this is advertised? We're a full-pay family with a kid headed to a different top 10 LAC next year but D also looked at Amherst and Pomona and toured and we didn't pick up on this info. [/quote] I am not that poster but my experience was that Pomona funds a lot of kids during the summer to do research (or research-like things) and there’s also a fair bit of money available for student activities and things (but it’s not really anything you could budget for as a parent). [/quote] Okay, thanks. The LAC our D is headed to offers those things too. I don't think it's that unusual among selective LAC's if that's what we're talking about. I thought the PP meant that Amherst and Pomona directly subsidize tuition to some degree for all students, which would be a surprise to me. [/quote] [quote] How Students Benefit from Pomona’s Endowment The College spends roughly $140,000 per year to provide a Pomona education to each student. Student revenues from tuition and other payments account for about half that figure. The rest comes from the annual endowment payout, fundraising and other sources. Every student’s education is subsidized by the endowment.[/quote] https://investments.pomona.edu/endowment[/quote]
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