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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, of course you should tell him. He may want to apply to some less competitive mid-size schools where he can get merit scholarships to bring the cost down. He might prefer those to UMD-CP. Are you willing to pay for one of his top picks if he gets in? It sounds like you'd rather not, and I think you need to be clear in your own mind about what your upper limit is.[/quote]

Tell him you have $150K to pay for his undergraduate education, and nothing beyond that.

FWIW, Case Western gave my DC with great stats $30K/year in merit money (no need-based aid).[/quote]

Agree you should tell him his total amount. If you are going to be adding to siblings fund while ds is in college, maybe ds gets a little more? You need to figure that out. Also, you should let him apply and see where all the packages shake out. I have several friends with kids at Case Western and they all got great merit. So it may end up being similar to Maryland or he may end up having to take out the $5,500 loan. Which you would still need to walk him through but if he wants that environment, it may be worth it. Depending on what he wants to study, he may want to expand his list to other schools that offer merit. He will realize that once he knows how much he has to spend. [/quote]

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