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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My kid is attending a private that cost $75k a year.  She got significant merit scholarships that have us paying about $40k/year out of pocket.

That’s why.[/quote]

Did you know (through Net Price Calculator or other means) that she had a good chance of receiving a significant merit scholarship BEFORE applying to that school?  Otherwise - if $40K was your limit - you could have had a very disappointed kid. [/quote]

Yeah, I think they just wanted to brag about the scholarship.[/quote]

+1. Note also they didn’t provide the name. That’s because it’s not an elite school. Elite schools don’t have to give large merit awards in order to compose the class they want[/quote]

And?  So what?

My kid got $34K at Oberlin which enabled her to choose it over in-state options.  It is not elite but it is what she wanted and we can afford it.

What is your point?[/quote]

Do you mind sharing whether the 34K was all merit and what year it was?  That would be a good number if available to us, but I had heard that 25K was top merit the last year or so.[/quote]

When your in-state option is $30K, a merit award (discount) of $25k off of an $85k price tag just won't cut it. No way was any private with double the price of our public. And we couldn't afford it, and refused to take out loans. [/quote]

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