Anonymous wrote:
I think many schools give merit aid so you just need to apply and see. That is definitely a lesson learned when my last kid applies.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Which LACs give a lot of merit aid, not only need-based aid. My DC has high stats but wants small classes, but we can't justify paying $70K a year for a small LAC and we won't qualify for any aid.
Ideally looking for $20+K in aid ... are there any LACs who provide $20K and more to high performing students? Can you share your experiences?
The top LACs (T15ish) that are worth the 70-90k a year do not give merit broadly. A few give a very small number of true merit to very top kids. The ones that give lots of merit, ie more than 15% of the incoming class, are schools trying to buy students: they are in danger of not filling seats and the “merit” is really just a sale price as one does to move a less desired good at a store.
You are better off sending your student to the top school they can get into. If you do not qualify for beed based aid then you make at least 200k and can well afford the in-state flagship and if you had saved properly the 70-90k of a private.
I love you say you can just go to in-state flagship like it is a given. The competition to get into UVA from some of the NOVA HSs is brutal.
Anonymous wrote:Anonymous wrote:Which LACs give a lot of merit aid, not only need-based aid. My DC has high stats but wants small classes, but we can't justify paying $70K a year for a small LAC and we won't qualify for any aid.
Ideally looking for $20+K in aid ... are there any LACs who provide $20K and more to high performing students? Can you share your experiences?
The top LACs (T15ish) that are worth the 70-90k a year do not give merit broadly. A few give a very small number of true merit to very top kids. The ones that give lots of merit, ie more than 15% of the incoming class, are schools trying to buy students: they are in danger of not filling seats and the “merit” is really just a sale price as one does to move a less desired good at a store.
You are better off sending your student to the top school they can get into. If you do not qualify for beed based aid then you make at least 200k and can well afford the in-state flagship and if you had saved properly the 70-90k of a private.
Anonymous wrote:Anonymous wrote:Here's a list of the Top 40 National Liberal Arts Colleges (U.S. News), along with the Percent Receiving Merit Aid (Freshmen w/o Need) and Average Merit Award (Freshmen w/o Need) from the College Transitions (https://www.collegetransitions.com/dataverse/merit-aid).
CORRECTED LIST
Williams College — 0% — $0
Amherst College — 0% — $0
United States Naval Academy — 0% — $0
Swarthmore College — 0.01% — N/A
Bowdoin College — 2% — $1,000
United States Air Force Academy — 0% — $0
Claremont McKenna College — 8% — $23,300
Pomona College — 0% — $0
Wellesley College — 0% — $0
Carleton College — 2% — $15,761
Harvey Mudd College — 17% — $10,457
United States Military Academy — 0% — $0
Barnard College — 0% — $0
Davidson College — 3% — $41,262
Grinnell College — 23% — $26,154
Hamilton College — 0% — $0
Middlebury College — 0.2% — $5,000
Smith College — 4% — $23,348
Vassar College — 0% — $0
Wesleyan University — 0.1% — $20,553
Washington and Lee University — 4% — $59,826
Colgate University — 0% — $0
University of Richmond — 13% — $51,205
Bates College — 0% — $0
Colby College — 0.3% — $2,000
Haverford College — 0% — $0
College of the Holy Cross — 9% — $24,796
Macalester College — 36% — $18,937
Mount Holyoke College — 17% — $25,303
Bryn Mawr College — 17% — $5,438
Bucknell University — 9% — $19,010
Colorado College — 8% — $12,776
Lafayette College — 20% — $19,371
Denison University — 35% — $18,758
Franklin & Marshall College — 25% — $19,876
Occidental College — 29% — $17,397
Pitzer College — 2% — $7,000
Scripps College — 15% — $24,048
Skidmore College — 0.3% — $20,000
Soka University of America — 9% — $7,917
Spelman College — 3% — $25,840
Trinity College — 8% — $23,543
Trinity University — 50% — $27,801
https://www.collegetransitions.com/dataverse/merit-aid
It is still odd to me that the service academies are ranked with the SLACs. But since they are, the zeros are misleading. Each student not only gets free room and board but is paid to attend. As well they should be.
Anonymous wrote:Here's a list of the Top 40 National Liberal Arts Colleges (U.S. News), along with the Percent Receiving Merit Aid (Freshmen w/o Need) and Average Merit Award (Freshmen w/o Need) from the College Transitions (https://www.collegetransitions.com/dataverse/merit-aid).
CORRECTED LIST
Williams College — 0% — $0
Amherst College — 0% — $0
United States Naval Academy — 0% — $0
Swarthmore College — 0.01% — N/A
Bowdoin College — 2% — $1,000
United States Air Force Academy — 0% — $0
Claremont McKenna College — 8% — $23,300
Pomona College — 0% — $0
Wellesley College — 0% — $0
Carleton College — 2% — $15,761
Harvey Mudd College — 17% — $10,457
United States Military Academy — 0% — $0
Barnard College — 0% — $0
Davidson College — 3% — $41,262
Grinnell College — 23% — $26,154
Hamilton College — 0% — $0
Middlebury College — 0.2% — $5,000
Smith College — 4% — $23,348
Vassar College — 0% — $0
Wesleyan University — 0.1% — $20,553
Washington and Lee University — 4% — $59,826
Colgate University — 0% — $0
University of Richmond — 13% — $51,205
Bates College — 0% — $0
Colby College — 0.3% — $2,000
Haverford College — 0% — $0
College of the Holy Cross — 9% — $24,796
Macalester College — 36% — $18,937
Mount Holyoke College — 17% — $25,303
Bryn Mawr College — 17% — $5,438
Bucknell University — 9% — $19,010
Colorado College — 8% — $12,776
Lafayette College — 20% — $19,371
Denison University — 35% — $18,758
Franklin & Marshall College — 25% — $19,876
Occidental College — 29% — $17,397
Pitzer College — 2% — $7,000
Scripps College — 15% — $24,048
Skidmore College — 0.3% — $20,000
Soka University of America — 9% — $7,917
Spelman College — 3% — $25,840
Trinity College — 8% — $23,543
Trinity University — 50% — $27,801
https://www.collegetransitions.com/dataverse/merit-aid
Anonymous wrote:You are better off sending your student to the top school they can get into. If you do not qualify for beed based aid then you make at least 200k and can well afford the in-state flagship and if you had saved properly the 70-90k of a private.
Anonymous wrote:Which LACs give a lot of merit aid, not only need-based aid. My DC has high stats but wants small classes, but we can't justify paying $70K a year for a small LAC and we won't qualify for any aid.
Ideally looking for $20+K in aid ... are there any LACs who provide $20K and more to high performing students? Can you share your experiences?
Anonymous wrote:Anonymous wrote:Here's a few more I haven't seen mentioned yet:
Furman
Gettysburg
Sewanee
Wofford
Early on in the process I ran the net price calculator for these schools. He isn't a top stats kid. Only Furman indicated reasonable merit was likely. He applied and got merit and financial aid (only school to give financial aid but we do have another son in college). Overall, it was/is a great offer.
Anonymous wrote:Anonymous wrote:Anonymous wrote:DD has very high stats and so far has gotten:
$50K from College of Wooster (and in running for full-tuition scholarship, which would be very compelling)
$40K from Franklin & Marshall
$37K from St. Olaf
$36K from Oberlin
$35K from Kenyon and Macalester.
This puts Wooster in the low $30k range, St. Olaf in the low $40k range, and the others in the low to mid $50k range.
DS gets $30K a year from Conn College. He had good but far from perfect stats.
Most LACs outside the top 30 (and a few in the top 30) give substantial merit aid.
That is amazing, congrats! Would you mind sharing your students stats? I wonder if my junior is in the running for those kinds of numbers.
Also, curious if you visited all of those schools? or if you did virtual visits to learn about them and show demonstrated interest?
Sure. She's at a highly regarded public school in a Northeastern state, not in the DC area. No hooks. 4.0 UW and takes hardest classes in all subjects. All 5s on 6 APs so far (AP World, APUSH, BC Calc, Chem, Macro, Lang). 1550 and 35. Strong XCs that show commitment and leadership, but nothing earth-shattering. Solid essays and I'm assuming good recs.
Kind of the prototypical "average excellent" student. Probably won't get into Amherst/Pomona/Williams because she doesn't meet any institutional priorities and hasn't curated her profile to within an inch of its life. I think she expressed interest in studying chem/biochem and sociology and wants to be pre-med.
We have not visited any of these schools (yet) but she showed demonstrated interest in other ways. Did all the optional essays and tried to tailor each application as much as possible. Did interviews when offered.