Bloomberg article on Princeton aid

Colleges and Universities A-Z Princeton University
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<p>Aug. 1 (Bloomberg) -- Laura Valle, a high school senior from Maplewood, New Jersey, confronted a dilemma: She had been accepted at Dartmouth, Princeton and Yale and her family couldn't afford the tuition. </p>

<p>Although she wanted to go to Yale University and the school courted her by calling twice a week and visiting her home three times, it offered nothing in financial aid. Dartmouth College promised her $10,000 and Princeton University $19,000. In the fall, she'll be attending Princeton, where her aid is based on need and she won't have to take out loans. </p>

<p>The difference between the aid offers of these private colleges highlights some little-publicized facts concerning financial aid. Formulas for determining which families get the best packages are complex and often inconsistent. </p>

<p><a href="http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_wasik&sid=apgGyopxFzgk%5B/url%5D"&gt;http://quote.bloomberg.com/apps/news?pid=10000039&refer=columnist_wasik&sid=apgGyopxFzgk&lt;/a&gt;&lt;/p>

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<p>Interesting article. It's always puzzled me as to why the top schools have differing aid-calculation policies. At least this provided some light on the subject.</p>

<p>And ha! Laura's a facebook friend of mine. Tr</p>

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<p>I'm a bit surprised how Yale "let her go" by not matching Pton's offer.
Yale has improved aid for low income families but apparently they still count home equity.
While Pton didn't penalize us for the equity we have amounted, Williams and Amherst were equally as generous. Columbia must have counted equity as they were 10k behind the other schools.</p>

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<p>Wow, 25k is still a lot to pay for family contribution.</p>

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<p>I know Laura!! I met her at April Hosting! Shes an incredibly nice person and I'm looking forward to getting to know her better at Princeton! </p>

<p>--David--</p>

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<p>f.scottie you are my hero. The B man always posts articles showing impressionable high school students that they can be in their home town newspapers if they go to the big H. Let's hear it for the Princeton 15 minutes of fame:). Of course, I guess Meg Whitman, Jeff Bezos and the Eric Schmidt, CEO of Google have all had more than their 15 minutes....(eBay, Amazon...)</p>

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<p>Princeton! I hope you also give this kind of a break too for my kid! Here he comes with financail needs.</p>

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<p>Any articles about Aludaughter?</p>

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<p>I must say that princeton financail aid pacakage is unparalleled as my son was able to get almost a full ride. H offer was second best a $5000 below the Priceton. Yale offered the weakest financail aid (it was damn good but for comparison purpose only) where they ask us to contribute $9,000. Son will be at princeton. But, I would say HYP all are pretyy darn good schools and if financail aid was not a criterion, my son may have taken a different path.</p>

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<p>Yeah Princeton financial aid totally rocks - in fact it's working out cheaper to study at Princeton than to study at certain institutions in my own country!</p>

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<p>Byerly that is a sick question.</p>

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<p>watch the ad hominem attacks on posters' children! How low!</p>

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<p>He has been warned repeatedly. But this is mildly perverse. Moderators, do I have to report him again?</p>

<p>Just thought of something. It is possible he wants to shut down this thread or have it removed because it is pro-Princeton and irrefutable. So please don't close the thread. Just remove his post. Thanks.</p>

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<p>To adopt the Harvard board's practice, I think we should be posting positive news articles from now on, on the SYP boards.</p>

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<p>What's the big deal? Who's attacking? I'd find an article about Aludaughter very interesting if there is one. These articles are always positive, and I'm sure an article about Aludaughter wouldn't be any different!</p>

<p>Zepher's suggestion is a good one. Articles from hometown papers about admitted students are very valuable, taken together. I think they give potential applicants a much better idea about what typical students are like - and what, by way of comparison, their chances of admission are - than the typical "chances" threads and simple lists of stats for admitted applicants.</p>

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<p>Byerly your kid couldn't even the the doors of Harvard, isn't it? Flat-out refusal. Where did she end up?</p>

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<p>I would have to agree with Alumother's assessment. I really doubt whether "Lawrence" oh...I mean Byerly is really interested in reading positive news articles. Give me a break!</p>

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<p>Kid applied ED to Princeton for the Class of 2009 and didn't get in. Hired Michelle Hernandez to re-write his essays and "craft" his RD applications, and he got into Dartmouth! Happy ending ,thanks to our friend Michelle, (or so she modestly reports!)</p>

<p><a href="http://www.hernandezcollegeconsulting.com/about/testimonials.html%5B/url%5D"&gt;http://www.hernandezcollegeconsulting.com/about/testimonials.html&lt;/a&gt;&lt;/p>

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<p>How is it good news? The kid does not report getting into Princeton RD after his deferral. Dartmouth is much easier to get into than Princeton. And after "we had completely rewritten all of my essays, totally redone my activity list and chart of honors and awards, and put together all of my applications, within TWO SHORT WEEKS. Many days, Michele literally worked with me three hours over the phone, and was constantly helping me write and re-write via e-mail" I am sorry to hear that an adcom from my alma mater "even sent me a personalized note, saying that I submitted one of the best applications she read all year."<br>
Ugh. </p>

<p>If anyone wants to read good news stories about Princeton, read the Princeton Alumni Weekly.</p>

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<p>(.... as long as you ignore the old Tigers grumping about the football coach!)</p>