<p>*My desire for no airplane schools stems from the fact that my daughter is very young for her grade. She skipped a year in grade school. I guess I would just like her closer should we need to get to her quickly.</p>
<p>I would like to know which Catholic schools have generous merit aid. After the comments here, I probably would consider an airplane school if the merit aid was generous. </p>
<p>*</p>
<p>I wouldn’t worry that much about her age and plane thing. If she’s mature, the fact that she’s one year younger won’t make a difference…especially after the first year in college. I know a PA girl (similar situation) who started at my son’s school and was just 17…she’s done fine. She has flown back and forth a few times per year…and she’s close to the Honors faculty (which at my kids’ school are like extra parents on campus). but, obviously, if she goes to an airplane school, you would want to make sure that certain things were in place to act on your behalf until you could get to her if necessary. :)</p>
<p>We can afford 50k a year but we have told all of our kids that we will only pay for 3 years of college for each of them. My husband and I both paid for our degrees ourselves through scholarships, work and loans. I think paying for 3 years is generous based on my experience.</p>
<p>Can you clarify…** Do you REALLY mean that you will spend up to $150k over FOUR years, so they need to either stay within that budget or get merit.**</p>
<p>I hope you don’t mean that you would pay $50k for each of the frosh, soph, and jr years…and then somehow think your child is going to find a student loan for $50k. That won’t happen…and it wouldn’t be a good way to go. </p>
<p>I (and likely others) would strongly recommend that you determine a total budget (say $150k) and then divide by 4 years. </p>
<p>Student loans are as follows (without parent co-signers)</p>
<p>frosh 5500
soph 6500
jr 7500
sr 7500</p>
<p>If your budget is $150k per child, then you should tell your child that her budget is $36k per year…and anything more than that MUST come from scholarships or small fed student loans. </p>
<p>Ok…so if you agree to the $36k per year as the budget, that means that the scholarships would have to be large enough for room, board, books, personal expenses, etc. …because your $36k would just be paying for tuition. </p>
<p>So, UDayton is possible, SLU could work, and I know some publics would work. </p>
<p>anyone know what Loyola Maryland’s scholarships are like for her stats???</p>
<p>My husband and I both paid for our degrees ourselves through scholarships, work and loans.</p>
<p>:) </p>
<p>I think that your $150k budget is VERY generous (so don’t misunderstand… ). However, don’t look back at what you and spouse did…the situations are nothing alike anymore. If you went to school in the 70s/80s, kids could work their way thru college.</p>