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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I always assume kids going to Kenyon likely got into the “1st tier” SLACs but needed the merit aid that Kenyon offers - like kids going to Case or Grinnell or Oberlin. Bright kids whose families can afford $50-$60k tuition but not $80k. Is this no longer true?[/quote] It may be partially true. Merit packages are as high as $25k and something like 1/4 get merit. I think in some cases the merit money makes the difference; I personally don’t think a Bates or Colby have a stronger student body or offer a better education in any way, so why not take the discount? But obviously a lot of kids are full pay or getting smaller merit discounts. Not that many kids are getting the large merit award (maybe 10 pct?)[/quote] I get your point re: Bates but I think the point of comparison is similar-level schools offering merit: Kenyon does not compare favorably any longer to Oberlin, Conn College, and Macalester in that regard, in part because of its higher tuition (so why not take the discount and avoid Kenyon?). I even wonder if Kenyon has the highest tuition in the country; certainly it would be top 5. I should say, though, that way more than 1/4 of kids with no financial need at any of these schools are getting merit. As an applicant, I would only pay attention to schools offering merit to a minimum of 50% of non-need kids. Sometimes school names are bandied about as “offering merit” when it is only to around 15% of non-need kids. For selecting which schools to apply to, these schools should be treated as no merit. Numbers are obviously not for this admissions cycle but here they are for each school: https://www.collegetransitions.com/dataverse/merit-aid [/quote] The Kenyon website says 43 pct get some need based aid, 65 pct get financial aid in general, and 1/4 get merit aid. I might deduce from that the 22 pct of students get merit aid only. So about 22/(100-43) or 38 pct of those who don’t qualify for need based aid receive merit aid. It’s possible some of the other schools are more aggressive with merit scholarships. Kenyon’s endowment has grown significantly in the past few years so perhaps it will become more competitive with merit in the future. Very few northeastern SLACs do merit (Conn is an exception among NESCACs) so it’s a good way to draw top students out to Ohio. [/quote] You don’t have to deduce anything: you have the link, derived from the CDS. Look at the CDS itself if you feel sleuth-like, instead of wasting time with your numbers gobbledygook. It is not “possible” that these peer schools are more aggressive with merit (way more if you take into account Kenyon’s tuition is 5k more); it is the reality. I won’t tell you Kenyon’s real number because I am confident you can read. Suffice to say, it is significantly higher than 38%. [/quote] Ok I checked the CDS. 160/270 freshman who didn’t receive need based aid got merit awards averaging $17k. Which means my DC is one of 110 or kids paying full freight out of 500. I guess a sucker is born every minute! Oh well good thing I’m rich![/quote]
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