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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For families making $200k to $400k (of which there are a lot in the dmv. Two parents each making $150k, etc). If you have a senior going to college, what kind of merit aid are you seeing?

We were at ~$280k for 2024 (the tax year colleges review for current HS seniors). DS has strong-ish stats like so many others (4.0 w, 1400 (not submitted except to safeties), deep ec's including 4 years volunteer, robotics, debate, and varsity athlete- not playing in college).

We received $20k merit from two T50 private universities, $40k from two SLACs, and $70k/yr from a target liberal arts school where we expressed extreme interest. $1.3m house w/$950k mortgage and virtually all savings in retirement funds.

What merit aid are others in this income range seeing? [/quote]

Out of curiosity, how much do you have saved for retirement? Also, which liberal arts school offered $70k/yr?[/quote]
[b]
This sounds too good to be true... 
OP, would you be willing to share which schools?  Thanks![/quote]

It is. The only school that comes close to that is Wash & Lee’s Johnson Scholarship but only 44 students a year get that.  Sometimes parents here claim a figure like $70k. That but it’s over all four years - like $18k a year.[/quote]

What are you talking about?  I am in the very beginning of the college search with my sophomore, and have looked at only a small handful of schools, yet I can tell you Villanova and Lafayette both have full tuition scholarships, and tuition that rounds to 70K.  If I have already found 2 there are many more.[/quote]

I know several doughnut-hole families with very smart, high-achieving kids, who assumed those kids would nab those full-rides, or close to full rides, at places like Villanova or Lafayette. It usually didn't end well for them. The chances of getting those full scholarships are very low and should not be counted on. [/quote]

They were probably high income screaming poverty as they choose not to save.   Oops.  [/quote]

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