I’ve done a bunch of net price calculators for some schools that I’m interested in applying to, but they say that these are estimates and do not reflect what the finaid office may actually give me should I be accepted. I was wondering from your experience with these schools or similar schools what kind of merit and finaid they would give to a student with my profile:
Income: 160K
White male
SAT: 1440 (720 Math, 720 EBRW)
Rank: 4/280
GPA: 4.49 weighted
6 APs
Applying for business programs
I have other schools on my list, but these are the ones I am worried about giving poor finaid if I’m accepted. I really love all four of these schools, but I don’t want to graduate with 100K in debt either
Is there anything unusual about the financial situation of your parents? Do they own a business or are they divorced? If not, then they are fairly good ballpark estimates of what you will see if accepted. Figure out how much your parents are willing to pay each year. Do any of those schools come withing range of 5K or so when you run the NPC? If so, I’d go ahead and apply but always remember that if they aren’t affordable they will need to be cut even if you are admitted.
BC doesn’t give much in merit aid, and at your income level, you would likely not get much in need based aid there.
Northeastern gives merit aid but only to the TIPPY TOP students in the acceoted student pool. You might get some merit aid there…and you might not. With $160,000 in income, I don’t see any need based aid coming your way.
Villanova…again mostly need based aid. And again…your $160,000 family income would put you out of the running for need based aid.
Bentley. You could get some merit aid at Bentley.
With $160,000 in income, your family contribution is likely to,calculate out between $40,000 and $50,000 a year. Schools are not going to give you need based aid to cover your family contribution. Can your family pay that amount?