Reply to Experienced Parents: What was DCUM right/wrong about?

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[quote=Anonymous][quote=Anonymous]Not saving enough
[b]Thinking little Johnny or Susie should get a full ride academically or sports.[/b]
Making your kid do a ton of crap volunteering etc. John Hopkins gifted makes a difference LOL
Claiming essays make a difference in large state school applications.
Not understanding data schools that admit on gpa/test scores.

[/quote]

Every year parents come on this site and say "we need merit aid" not understanding that the top schools no longer give merit and a the second and third tier ones that give it (a substantial amount) want something in exchange that they can report to  USNWR, like a top GPA, valedictorian, Top ACT, top SAT score, etc.  Yes, some schools give tiny amounts of aid routinely but that is nothing when you are looking at a total cost of $60-83K a year.  Also, parents fall for the "At __ college, 99% of our students receive financial aid" line not realizing that that figure includes all families like ours which received an EFC of 100% from FAFSA so fully fund with the exception of the $5500 subsidized loan which everyone gets.  Hence, the "99% of our students receive aid" brag.  Just because you NEED aid, as we did, does not mean you are going to get it.  Financial aid is controlled by the CSS and FAFSA.  Merit by the school and top schools aren't going to give it because they don't need it.[/quote]

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