<p>I imagine all of these schools, in these hard times, are doing the best they can with what they have available to them to offer. And I am sure that if they could they would give everyone a full ride. Too bad our kids have to go to college in the middle of a recession. LOL!</p>
<p>The cold reality of going to school at Boco is for the most part there is no money and no endowment. Think about it. Captains of industry or business people have the Bill Gates, the Warren Buffets, and the Jack Welches. They make billions and billions. How much does a very successful MT performer, dancer or oboe player make??? Even the best of the best maybe leave behind a million or two. </p>
<p>Harvard has an endowment of 38 billion and Boco probably $380,000. Boco is located in a very expensive city. Many other conservatories are located at, and big state universities that offset expenses. The main reason Boco is starting a summer intensive program is to raise money for scholarships.</p>
<p>If any of you know any really wealthy people that want a theater named after them for $3,000,000 PM me.</p>
<p>beenthere, I know for a fact that your estimate of amount of scholarship and percentage is way off.</p>
<p>my D was offered substantially more than what is shown here for girls when she auditioned in 2008. I don’t know if it has changed since then, but we know another girl who was also offered more. I do know boys seem to get more money, but don’t give up hope if you are a girl!</p>
<p>Of course beenthereMTdad clearly has zero knowledge of BoCo’s endowment. And I am sure ALL schools must have endowment envy in comparison to Harvard (listed at more like $28 billion on several google searches for 2011).</p>
<p>University of Miami is listed with only $618 million by comparison.
[Scout.com:</a> Top 100 college/university endowments (Wake Forest=68)](<a href=“http://mbd.scout.com/mb.aspx?s=192&f=2495&t=7127853]Scout.com:”>http://mbd.scout.com/mb.aspx?s=192&f=2495&t=7127853)</p>
<p>Do you have to be well endowed to be good? BoCo is considered to have one of the TOP MT programs in the country.</p>
<p>BTW - Harvard said they were giving a record $160 million in aid this year to 60% of their students [Financial</a> Aid Office](<a href=“http://www.fao.fas.harvard.edu/icb/icb.do]Financial”>http://www.fao.fas.harvard.edu/icb/icb.do). </p>
<p>60% of their students. Let’s do the math. $38 billion endowment. $160 million aid. That is less than 1/2% of their endowment. I bet they make a heck of a lot more interest on their endowment each year than 1/2% so I guess they can afford to do that and a whole lot more.</p>
<p>My Son got his acceptance and scholarship offer yesterday. Check the website and log into your account.</p>
<p>Easy MTPOPS. You may want to be a little more careful with how you express your opinions. </p>
<p>I have a daughter who is graduating from Boco this year. I have volunteered many, many, hours of my time the last 4 years and in doing so have had many one on one conversations with the President of the Conservatory and other key employees. </p>
<p>The cost to run the conservatory with about 700 total students is enormous. Tuition from the MT program pretty much keeps the school operating because of its popularity.</p>
<p>Fundraising for scholarships come mostly from the annual gala, which raises in the $300,000 range. Which by the way is distributed throughout the entire student body.</p>
<p>Getting back to the point of my post was to respond to nydramamama about how expensive it is to attend Boco. Any reference to Harvard was made to polarize the difference between having money to give and not. Also, never did I insinuate that Boco was not a top school. In fact, in my humble opinion it is the best school.</p>
<p>Skwidjymom + takeitallin:</p>
<p>My numbers are “average” and “general”. There are exceptions to every rule. I am curious to learn how you think my numbers are way off. PM me if you want.</p>
<p>^^^^^
I PM’d you- but I do not think your numbers are way off! I just want to emphasize what you said- that there are exceptions to every rule. It does seem that girls do not get the same level of scholarships that boys do and it all boils down to supply and demand. However, I want to make sure the upcoming female applicants that read these posts don’t just give up and assume they won’t get substantial scholarships, as they are sometimes awarded to girls.</p>
<p>Takeitallin</p>
<p>You never know. I just hate seeing the kids on such emotional highs then come crashing down. I try to sprinkle in some tempered outlook.</p>
<p>Apparently, not all males get scholarships, as in my son’s case. In addition, we do not qualify for financial aid. Unfortunaly, this will preclude his ability to go to such a wonderful school.</p>
<p>I am truly sorry. I’m sure he would have been a great addition. I am going through the same thing now with my son (not pursuing MT). He’s an education major and that degree is available in just about every school in the country so he is on a tighter budget.</p>
<p>Good luck to your son!</p>
<p>@beenthereMTdad: LOL! I think I expressed myself rather carefully. Sorry if my comment about “zero” knowledge stung a little, but you were so far off and it seemed to me that you were demeaning BoCo. The $300,000 (or $380 K as you described before) BUDGET for annual scholarships is not an BoCo’s ENDOWMENT. Just like Hardvard’s BUDGET for scholarships is $160 million and this is not their entire endowment. BoCo’s endowment is significantly greater. I also know that BoCo is currently on an endowment expansion drive to raise another $16 million this year. </p>
<p>I hope this makes sense. Peace. :)</p>
<p>Ooops! Lots of typos. My bad ha ha!</p>
<p>No, you did not express yourself carefully. And, there was nothing in my post that could possibly be considered demeaning to Boco by an intelligent person. (ouch LOL). </p>
<p>First off I am not far off. Secondly the 16MM expansion endowment you mentioned is not to raise “another” 16 million., it is the original post needed in order to COMPLETE the Hemenway project. (This message has been on the website for two years now).</p>
<p>I misspoke only one word in my previous post and that was using the word endowment instead of scholarship budget. But the truth is Boco’s has very little money for scholarships. More than half a incoming class of about 50 – 55 is not offered any kind of scholarship. </p>
<p>BTW. Harvard’s endowment topped 37 billion in 2008. And the $160MM a year allows over two thirds of their graduates to graduate debt free. If you have an income under 60K you go to school for free and if you ear between 120K - 180K you only pay 10%!!! Now that is an endowment.</p>
<p>@beenthereMTdad: I don’t know if I should laugh or cry :)</p>
<p>Speaking of endowments and scholarships, I looked up University of Cincinnati. They have an endowment that reached $937 million in November 2010. Yet, many of the CCM’s accepted students for this fall were offered $0 talent scholarship money. So in comparison, BoCo is remarkably generous, especially considering the size of their endowment. </p>
<p>I guess one might conclude that size of one’s endowment really does not matter :)</p>
<p>Well I’m a boy who was accepted this year, and I did not receive any scholarship. I’m hoping to get a lot of financial aid, and I’m also planning on begging for scholarship. Does anyone know how generous BoCo is with financial aid, and if begging for scholarship will make any difference? I know you said it sometimes does but a substantial amount?</p>
<p>Financial aid in many cases is nothing more than loans. You want free money which come in the form of grants and scholarships.</p>
<p>It is possible to ask or “beg” for some help. You may wind up with 5K in scholarships dollars if that helps. The grants are usually need based and generally are for low income families.</p>
<p>Good luck to you.</p>