Anonymous wrote:Some friends of mine (from NY) have a child who was offered essentially a free ride at Lehigh to study chemistry. The child was accepted at Dartmouth, as well, and wanted to go there instead, no aid, or very little compared to Lehigh. So now she's at Sartmouth and the parents are mortgaging their house.
Take the money, kids.
Wow. That teaches the kid the completely wrong lesson. Mortgaging the house? Shit.
As for OP: Only you know how much this money means to you and what you will have to give up to pay for UVA. UVA is certainly more highly regarded, but not highly enough to take on debt.
As for UVM: The school is good enough. The professors take teaching very, very seriously and do well by their students. There are some good students, but because of the Vermont voucher system, the best kids in the state often leave, rather than attend UVM, so there aren't as many top students as at UVA. The dregs of the New England prep school classes sometimes wind up there. Burlington is an amazing place to go to school. Great winter sports, cute town, lots of outdoor stuff to do, drop dead gorgeous lake.
Don't mortgage your house. It will be nice if you now have money to help with grad school.