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][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.

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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]
They do. Real COA is somewhere in the $200,000 range. The budget is allocated every year to ensure families don't pay that.[/quote]

Don’t most schools claim this?
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I'm not sure i understand the purpose of the question, but yes, most top schools claim this, because it's true. Most colleges couldn't afford this.[/quote]

I think the earlier post mentioning that Pomona and Amherst provide a subsidy to all students was a little misleading. Yes, the COA for full-pay students at those schools would be higher if not buffered by endowment contributions, but COA for Pomona and Amherst is still in the mid 90,000 range for both schools and there's no change in that number for full-pay families. That's a COA commensurate with that of basically all of the top 20 or so LAC's. Obviously some LAC's offer more funding for families who demonstrate financial need and some offer merit, but the price tag for full-pay families is essentially same at all the LAC's that don't offer merit, which generally included the most selective ones. [/quote]

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