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College and University Discussion
Reply to "Full-pay advantage: can someone break this down?"
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[quote=Anonymous]There are facebook groups run by what seem to be professional college admissions counselors and they link to websites where you can see what other people who applied to the same schools as your DC were offered in merit aid. The people in those groups are mainly "chasing merit" and they apply to several schools of similar caliber where the student is around the 75th percentile in the hope of drawing a large merit award. They also do this with public schools, but those tend to be more transparent and they even post how much money a GPA and/or test score will get you at that school. Arizona State or University of Arizona is one of the places lots of them apply. Once they get all their offers in, they play the schools off each other for the pleasure of enrolling their kid with great stats. These tend to be the same schools where being full pay is seen as an advantage. I know it sounds counterintuitive, but it's true. They build models to determine how likely it is that your kid has other options besides their school, and the more options they have, the more merit aid you'll get. Never mind that part of why the kids has lots of options is because the family can afford to send them anywhere they can get admitted.[/quote]
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