I do respect the general policy about not sharing merit amounts or specific awards publicly and I understand the reasons and the variations from year to year, school to school, and studio to studio, even if you assume that reported amounts are correct. However, as the parent of a junior trying to winnow our list of schools, if there is a way to find out anecdotally a rough average range of merit for a given school, or that 1/3 to 1/2 tuition merit awards or out of state tuition waivers are not uncommon at a given school, that is VERY helpful information to have even if there is no guarantee my kid will get those awards if admitted.
As an example, if a CSS Profile school like Northwestern has a COA of 70K and you don’t think you will qualify for need-based aid and you hear that they never give much merit, well, then you know to cut that school from your list unless you are willing and able to pay close to sticker price. If you hear that a school’s typical merit awards range from $5,000-$20,000, you won’t know how much your kid might get within that range, if anything, but you might be willing to let your child apply to that school because decent merit aid is at least a possibility.
This has become more real now that I’ve looked at audition dates from last year and assuming audition dates are similar for 2017, about 8 schools of interest are likely to have the same 3 audition dates, and two of them are our financial safeties so we can’t drop those. The possibility of decent merit aid is going to be a significant factor in which schools might remain on the list.
I see threads all over the CC Financial Aid forum with kids who got into fabulous schools but without enough aid so their parents are saying no, we can’t afford it and in many cases it’s clear the parents didn’t do their homework about costs and financial aid before letting their child apply. I want to be totally transparent with my son and say here is a list of schools we can afford, even without any merit money, and here is a list that you can apply to, but that you will need decent merit money+aid to be able to go there. If I know that a school is likely to be out of reach no matter what, I want to be able to tell him that.
I’m not sure what the best solution is, but I do feel it’s my duty as a parent to do my financial research on schools to the best of my ability, and I really appreciate others’ willingness to share info about awards, either privately, or otherwise.