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College and University Discussion
Reply to "Rhodes, Marshall, Fulbright, and other post-grad scholarships?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]As far as only elite college students getting these, that's a correlation not causation, those colleges admit more go getters who would've gotten these from any school. [/quote] What about all those donut hole kids who only chose to go to a state school for financial reasons? [/quote] They lose out. At this and the top-law & top-med advice, and the personalized phD faculty recs, and everything else an elite school offers. Elite schools provide need to families with upwards of 200k HHI. [b]Families who are so called "donut hole" make a ton of money compared to the average household in the US and many of them COULD afford elite if they wanted to. They chose not to.[/b] And that choice has consequences. Families with actual financial need are well provided for by elite schools who are very generous with meeting full need. [/quote] Objection, Your Honor. The witness is being non-responsive.[/quote] The need you think elite schools give to families with upwards of 200k HHI is minuscule if any. Ask me how I know. [/quote] I have odd finances and no house, but my family had AGI of $180,000 when my son was applying. Harvard and most other privates said we had an EFC of about $45,000 and would have given us about $40,000 in aid. Princeton said we had an EFC of about $23,000 and would have given us more than $60,000 in aid. So, every family’s situation is different. People who don’t have a family office and think they need aid should try applying and see what happens. [/quote]
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