Anonymous wrote:Does anyone know what is the breakdown of public applicants accepted?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:rther if you know a little about the school and how budgeting orks most places.erished going to Prep. [/quote wrote:
Actually I know of two boys at Prep who are from the Washington Jesuit Academy, families are low-income and they are on "full ride". Faculty members (and some parents) help out with incidentals and extra fees (anonymously). There may be a few more, but these two are students I'm familiar with.
It's no surprise that Prep has some kids from the Washington Jesuit Academy with Prep being a Jesuit school. The are highly supportive of the WJA and it's leadership and have been since it was founded.
You can learn a lot about Prep's Financial Aid program by just looking at what they publish and extending it further.
Prep's Tuition for Day Students is $38,330.
"About 26% of families receive financial aid; average grant is $19,000. Day student grants range from $5,000 to $35,000, with an average grant between $10,000 and $15,000 in a given year."
What this says is a quarter of students get financial aid, while 74 % do not.
The average FA grant is $12,500 (between $10,000 and $15,000). So the average FA family is going to have to come up with the other $25,800.
If 26 kids get an average of $12,500 that means the entire FA budget for an incoming class of 100 Day students is $325,000. (26 x $12,500)
You can see that the math just doesn't work for more than a few kids getting near full rides. Just one kid getting a full ride at $38,330 would eat up 10% of the entire budget. Two full ride kids would consume 20% of the FA budget. There's no way the school can offer more than a few full rides without impacting the 20+ other students they would like to have but who cannot afford list price.
Two other things.
The school says that it's maximum FA package is $35,000, so someone is going to have to pay the $3,330 additional.
And you'll notice that Prep's average FA package of $12,500 reduces the cost of the school to $25, 833 which puts it very close to Gonzaga's tuition of $21,500, especially when commuting and lunch expenses are also considered.
Prep's FA budget is pretty similar to the other privates with which it competes.
Private schools are a luxury good.
The idea that there's this huge pot of money and that these school's are so rich they can afford more than a very small number of full scholarships is a myth.
Harvard and Princeton with Billions of dollars in endowment can be "need-blind". Money is not even a consideration they have so much of it.
But these private schools don't have that much money. And they are reluctant to raise tuition any more beyond the stratospheric levels it has gotten to.
Gonzaga is now 23k. I think you are underestimating the endowment budget. Gonzaga, DeMatha, and SJC have endowment pot of $500k or larger so I cant see Prep only have $300k.
You are confusing the Endowment with the Financial Aid Budget.
They are two different things.
I'm pretty sure about the size of the Financial Aid Budget based on the numbers they publish on their web site.
There's only about $325,000 total.
If the average FA recipient gets between $10,000 and $15,000 ($12,500) and there are 26 FA recipients (26% of 100 Day Students) than multiplying the number of students times the average FA grant gives you the total FA budget.
Gonzaga has 1,000 students or twice as many as Prep. They are also located in the middle of the city and have a longstanding tradition of accepting kids from that area as part of the school's mission. So their FA budget could be higher even though their tuition is lower.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:rther if you know a little about the school and how budgeting orks most places.erished going to Prep. [/quote wrote:
Actually I know of two boys at Prep who are from the Washington Jesuit Academy, families are low-income and they are on "full ride". Faculty members (and some parents) help out with incidentals and extra fees (anonymously). There may be a few more, but these two are students I'm familiar with.
It's no surprise that Prep has some kids from the Washington Jesuit Academy with Prep being a Jesuit school. The are highly supportive of the WJA and it's leadership and have been since it was founded.
You can learn a lot about Prep's Financial Aid program by just looking at what they publish and extending it further.
Prep's Tuition for Day Students is $38,330.
"About 26% of families receive financial aid; average grant is $19,000. Day student grants range from $5,000 to $35,000, with an average grant between $10,000 and $15,000 in a given year."
What this says is a quarter of students get financial aid, while 74 % do not.
The average FA grant is $12,500 (between $10,000 and $15,000). So the average FA family is going to have to come up with the other $25,800.
If 26 kids get an average of $12,500 that means the entire FA budget for an incoming class of 100 Day students is $325,000. (26 x $12,500)
You can see that the math just doesn't work for more than a few kids getting near full rides. Just one kid getting a full ride at $38,330 would eat up 10% of the entire budget. Two full ride kids would consume 20% of the FA budget. There's no way the school can offer more than a few full rides without impacting the 20+ other students they would like to have but who cannot afford list price.
Two other things.
The school says that it's maximum FA package is $35,000, so someone is going to have to pay the $3,330 additional.
And you'll notice that Prep's average FA package of $12,500 reduces the cost of the school to $25, 833 which puts it very close to Gonzaga's tuition of $21,500, especially when commuting and lunch expenses are also considered.
Prep's FA budget is pretty similar to the other privates with which it competes.
Private schools are a luxury good.
The idea that there's this huge pot of money and that these school's are so rich they can afford more than a very small number of full scholarships is a myth.
Harvard and Princeton with Billions of dollars in endowment can be "need-blind". Money is not even a consideration they have so much of it.
But these private schools don't have that much money. And they are reluctant to raise tuition any more beyond the stratospheric levels it has gotten to.
Gonzaga is now 23k. I think you are underestimating the endowment budget. Gonzaga, DeMatha, and SJC have endowment pot of $500k or larger so I cant see Prep only have $300k.
Anonymous wrote:Anonymous wrote:Anonymous wrote:rther if you know a little about the school and how budgeting orks most places.erished going to Prep. [/quote wrote:
Actually I know of two boys at Prep who are from the Washington Jesuit Academy, families are low-income and they are on "full ride". Faculty members (and some parents) help out with incidentals and extra fees (anonymously). There may be a few more, but these two are students I'm familiar with.
It's no surprise that Prep has some kids from the Washington Jesuit Academy with Prep being a Jesuit school. The are highly supportive of the WJA and it's leadership and have been since it was founded.
You can learn a lot about Prep's Financial Aid program by just looking at what they publish and extending it further.
Prep's Tuition for Day Students is $38,330.
"About 26% of families receive financial aid; average grant is $19,000. Day student grants range from $5,000 to $35,000, with an average grant between $10,000 and $15,000 in a given year."
What this says is a quarter of students get financial aid, while 74 % do not.
The average FA grant is $12,500 (between $10,000 and $15,000). So the average FA family is going to have to come up with the other $25,800.
If 26 kids get an average of $12,500 that means the entire FA budget for an incoming class of 100 Day students is $325,000. (26 x $12,500)
You can see that the math just doesn't work for more than a few kids getting near full rides. Just one kid getting a full ride at $38,330 would eat up 10% of the entire budget. Two full ride kids would consume 20% of the FA budget. There's no way the school can offer more than a few full rides without impacting the 20+ other students they would like to have but who cannot afford list price.
Two other things.
The school says that it's maximum FA package is $35,000, so someone is going to have to pay the $3,330 additional.
And you'll notice that Prep's average FA package of $12,500 reduces the cost of the school to $25, 833 which puts it very close to Gonzaga's tuition of $21,500, especially when commuting and lunch expenses are also considered.
Prep's FA budget is pretty similar to the other privates with which it competes.
Private schools are a luxury good.
The idea that there's this huge pot of money and that these school's are so rich they can afford more than a very small number of full scholarships is a myth.
Harvard and Princeton with Billions of dollars in endowment can be "need-blind". Money is not even a consideration they have so much of it.
But these private schools don't have that much money. And they are reluctant to raise tuition any more beyond the stratospheric levels it has gotten to.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So based on your points above Prep doesn’t provide FA for athletes if they have large rosters of kids who have been accepted through the “normal” admission process.
There’s always room for exceptional talents regardless of how many boys they have on a team whose application weren’t aggressively supported by the Athletic Department.
If they identify a special athletic talent and he has the minimum level of academic and behavioral performance they require and if the kid needs financial aid, then he will probably get it. But kids that get significant aid are rare exceptions.
There isn’t an unlimited pool of Financial Aid available. About 25% of students get aid and the average grant is $10k to $15k, I think. Financial Aid isn’t like a scholarship. It’s like a 25% to 33% discount. More than a few full-aid students would quickly deplete a Financial Aid budget, the purpose of which is to fill the Class to capacity.
Good point and that’s why you don’t see children who are impoverished going to Prep.
Anonymous wrote:Anonymous wrote:So based on your points above Prep doesn’t provide FA for athletes if they have large rosters of kids who have been accepted through the “normal” admission process.
There’s always room for exceptional talents regardless of how many boys they have on a team whose application weren’t aggressively supported by the Athletic Department.
If they identify a special athletic talent and he has the minimum level of academic and behavioral performance they require and if the kid needs financial aid, then he will probably get it. But kids that get significant aid are rare exceptions.
There isn’t an unlimited pool of Financial Aid available. About 25% of students get aid and the average grant is $10k to $15k, I think. Financial Aid isn’t like a scholarship. It’s like a 25% to 33% discount. More than a few full-aid students would quickly deplete a Financial Aid budget, the purpose of which is to fill the Class to capacity.
Anonymous wrote:So based on your points above Prep doesn’t provide FA for athletes if they have large rosters of kids who have been accepted through the “normal” admission process.
Anonymous wrote:Anonymous wrote:Anonymous wrote:So it has been mentioned that if your son is an athlete they have a better chance of getting in. Gprep isnt part of the WCAC so i dont know how competitive they are sports wise.
Is your application flagged as athlete by the coaches or just in general. I am trying to figure out how do they know who is a novice versus someone who truly has athletic talent.
Usually the very best athletes in the DMV find their way to the WCAC. Although lots also stay in the public school in PG and in NoVa.
But IAC teams are not that far below the WCAC. If the WCAC is the major leagues, the IAC is Triple A. And in some sports, the IAC is better. (Not football or basketball)
Bullis, Prep, Landon take sports very seriously. It’s a priority for them.
What are the sports that Prep tend to do the heavy recruitment for? How do kids even make the team if heavy recruitment takes place ?
Anonymous wrote:Anonymous wrote:So it has been mentioned that if your son is an athlete they have a better chance of getting in. Gprep isnt part of the WCAC so i dont know how competitive they are sports wise.
Is your application flagged as athlete by the coaches or just in general. I am trying to figure out how do they know who is a novice versus someone who truly has athletic talent.
Usually the very best athletes in the DMV find their way to the WCAC. Although lots also stay in the public school in PG and in NoVa.
But IAC teams are not that far below the WCAC. If the WCAC is the major leagues, the IAC is Triple A. And in some sports, the IAC is better. (Not football or basketball)
Bullis, Prep, Landon take sports very seriously. It’s a priority for them.
Anonymous wrote:So it has been mentioned that if your son is an athlete they have a better chance of getting in. Gprep isnt part of the WCAC so i dont know how competitive they are sports wise.
Is your application flagged as athlete by the coaches or just in general. I am trying to figure out how do they know who is a novice versus someone who truly has athletic talent.
Anonymous wrote:So it has been mentioned that if your son is an athlete they have a better chance of getting in. Gprep isnt part of the WCAC so i dont know how competitive they are sports wise.
Is your application flagged as athlete by the coaches or just in general. I am trying to figure out how do they know who is a novice versus someone who truly has athletic talent.
Anonymous wrote:Anonymous wrote:A neighbor told me that some of the 2019 parents felt that the Kavanaugh thing affected the 2019 college acceptances - in a negative way. Idk if this is true or if some parents were just angry their son didn't get into a "good/elite" school and used it as an excuse.
I hate to say it but after that fiasco with K, I’m not surprised. Being on Fox News, avoiding questions, etc... It was obvious he had a lot of character flaws. No way in hell would I send our son there.