I’m actually not concerned about losing merit aid because DD is an extremely hard-working person and unless she’s truly unable to understand something, would put aside other things to get good grades as a point of pride. Her high school was considered to be at a high standard (a public school, but in a well-off area with a lot of professionals and upwardly mobile residents who value education). I know that I could be wrong and people can always surprise you, but I can’t imagine her being in a situation that was difficult enough to strongly effect her GPA without also withdrawing from school. She truly feels the need for good grades more than we do - there are many nights where we’ve urged her to go to sleep rather than study for tests. (On the other hand, I’ve never known her to turn down a party or outing in favor of studying - she’d go have fun, then return home and study as long as she needed to).
Re the timing of any increase in assets, there’s only one parent for each of my DH and I, and of them, there’s only one parent whose situation is such that it would really make a difference. That parent is unfortunately in hospice right now; although he’s doing well for someone in hospice it does look like the event will take place sooner rather than much later. He’s a planner, so the will is up-to-date and most of the assets are in liquid form (cash and some CDs) in a trust terminating on death and a brokerage fund, with my DH and his sibling being the beneficiaries for both. So it’s possible for distributions to be held off for a short time, but it’s not going to take years to probate.
We actually have been very hands-off re the decision until now; we thought it was best for her to make the decision on her own but it seems to have backfired in terms of procrastination. That’s the reason we insisted that we talk about it every night this week - because she’s been avoiding thinking about it (we know this because she’s been out with friends instead of home researching the decision; my DH and I did much of the research instead). But she’s been home the last day or two doing nothing but researching and thinking, and still hasn’t gotten any closer. She’s almost literally paralyzed with indecision, and I can’t blame her because DH and I are having trouble deciding also - we keep changing our minds.
The decision has never been entirely for AU because although she put down a deposit for AU when we received their offer some time ago, she received an extension from Case Western to decide whether she wanted to go there instead (i.e. notify AU and lose the deposit, and then put down a deposit with Case), and then got another extension somehow (she’s very persuasive and would make a great salesperson or development director for a non-profit). We let that time expire without a change (did notify Case a couple of days later, when it would probably have been too late anyway) but almost immediately received the offer from Richmond, which she also received an extension to make a decision. (I was amazed that they agreed, but I probably shouldn’t have been). The deadline is Friday (tomorrow), although it’s likely that if we put down a deposit over the weekend they would accept that…
(2 hours later) - DD says she wants to make her own decision, which is fine with us as we can’t decide either! We told her that the financial aspect would likely work out about equally (although DH and I, and possibly DD, tend like most people to focus on what we’re paying now v. what we would be hypothetically paying in a couple of years. Also, as said we don’t like overpaying for things, and AU’s financial aid/merit offer was truly insulting).
I’ll let you know what the decision is as soon as we do.