Anonymous wrote:Does anyone actually pay the full price? Of all the schools my kids were admitted to (no financial aid), only one did not offer a merit discount, so we scratched that one from the list.
Ivies do not offer merit aid, just need-based. The 45% who come from families making over 200k a yr typically do not qualify for needbased aid ie they are full pay. True top schools that have full tuition or full cost of attendance merit only offer it to a couple dozen of incoming freshman, out of the entire class of 1500-2000. These schools also have excellent need-based aid that sometimes is listed as a named “scholarship” but it requires fafsa qualification as needy. Still, about half of the student body makes over 200k and is fullpay. Examples are Hopkins, Duke, WashU, Notre Dame, Vandy, Wake. Non-need true Merit is rare and hard to get at these schools.
If your kid is “getting merit everywhere” the schools are not top schools