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Montgomery County Public Schools (MCPS)
Reply to "Does anyone know how the college admissions results this year for students in the blair high school magnet program?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For useful results, you also need to know how many applied, not just where they are headed. Lots of high-achieving MCPS students prioritize UMD because it’s such a great financial deal.[/quote] Exactly, usually about a third of the class ends at Ivies, but many who would or were admitted just can't afford it. There are a lot of doughnut-holed families. People even making decent money can't usually shell out half their take home pay fro college. [/quote] My Blair kid (4.8 WGPA, 1600 SAT) didn't apply to elite schools because we couldn't afford them.[/quote] That's a very unusual situation because many elite schools give steep discounts even to families earning $200k/yr. [/quote] I’m not the PP you are responding to but we are in the same situation. Our income is just below $200k but what you are missing here is assets. They only give you aid if you have “typical assets”. What they define as typical is not much. We don’t qualify for anything and yet our assets are largely for retirement though for various reasons not all in retirement accounts. Similar situation if you have a rental property - you are expected to sell it to pay for college even if it’s your entire retirement plan![/quote] The. You do have a lot of resources……yes it’s fair to expect you to sell a rental or use savings. [/quote] I don’t have a rental and fully expected to use savings. I can’t use ALL my savings though and I don’t earn enough in this high cost of living area to pay out of my pay check. The amount that is considered “typical” savings when calculating that the free tuition promise is not transparent and seems to discount anyone with moderate savings. 95 percent of DCUM posters wouldn’t be eligible even with income under $200K.[/quote]
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