<p>First post on CC. Our oldest daughter is getting really interested in this school, but we are very concerned about costs!</p>
<p>Do they subsidize based on a certain GPA or any other measures? She would also potentially be playing 2 sports for CMS - does this come into play at all for aid?</p>
<p>We live modestly and are on the lower end of the income strata for where we live, but our income would put us in a mid-high income category by average measures. Another parent posted here that if you have middle+ income you will for sure be paying "rack rate." Is this for sure the case? If so, this school may not be for us from a financial standpoint.</p>
<p>Did you run the Net Price Calculator. Use that for a base estimate rather than generalities people make. I believe Scripps has just a few larger merit awards. They meet need but you have to run NPC to see what they think your need is.</p>
<p>“14 (6.0%) of freshmen had no financial need and received merit aid, average amount $20,150”</p>
<p>Scripps is 100% full need, so it calculates your need based on your EFC and they try to minimize loans. If you get outside scholarships, they will decrease your loan amount first. I am on a 10k scripps grant and their financial aid is pretty darn good. They also have a payment plan that lets you space out payments 4 times a semester, which is basically once a month.</p>
<p>To save money, I would recommend having your daughter get on the 12 instead of 16-meal plan if she doesn’t eat breakfast. Classes tend to start at 10 or 11 anyway, and Flex (the food dollar thing) is pretty easy to use if you need extra meals.</p>
<p>Financial aid, to me, is pretty reasonable. Appeals work if they are reasonable (mine was denied because I was asking for my EFC to be recalculated; I know a classmate who had hers approved because she asked for a travel grant)</p>
<p>You can also apply to the SAS book fund for help paying with textbooks if needed, and there are also merit awards for continuing students.</p>
<p>This is what Scripps says about merit scholarships:</p>
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<p>I don’t know how many they award; from what I’ve read there aren’t many available. </p>
<p>I second the advice to run the NPC to get a sense of whether you qualify for need-based aid.</p>
<p>If she loves the school and can handle the application without too much stress and knows that the outcome depends on the money awarded, it’s still worth a shot, no?</p>
<p>Thanks Guys. Sounds like we will need to scratch Scripps off the list as I’m sure we will be painted as jr. Donald Trumps, but we’ll try the calculator and see. I’ll report back when we have done that. </p>
<p>My daughter loves Scripps, so even though I am a middle income parent paying rack rate I can’t say we wouldn’t choose Scripps again. I would encourage your daughter to apply and see how she does. It doesn’t cost much to apply, and you may be able to get a free application voucher if you know any alums. They are not need blind so you will be able to gauge how much they want her! </p>
<p>Thanks CA. I think we know an alum or two, but can’t find an application fee waiver. do you know anything more about this?</p>
<p>Also, have you heard if athletics play any role? Shes gone to a campus tour with one of the CMS sport teams and has done an overnight stay with the other. I know its D3, but Im wondering if this has any impact at all.</p>
<p>OK, since I don’t see anything personal/confidential on the NPC output, I went ahead and posted a screenshot of it for this conversation – perhaps it can help others.</p>
<p>My interpretation of the output: Scripps will be looking to us for a minimum of 47,921 based on my daughter getting $15,819 in scholarship/grants. If that all works out, she can earn/borrow another 5700 to drop our annual cost to $42k and change.</p>
<p>So back to the obvious questions: How likely is it she would get the $15,819 in scholarship $ ?? Based on “need”, I assume that is the absolute max regardless of merit, correct? How about the student work – do their earnings go back to the school or do the students use it to have fun?</p>
<p>@peakay, my EFC ended up calculating to about the same as yours. I am not on any merit scholarships. The aid I get is a $10k Scripps grant and an approximately $5k pell grant. If you don’t get as much federal aid I’d wager Scripps will try to step up their own grant (since they’re 100% need-fulfilling)</p>
<p>I also have $1,100 in work study each semester (that I opted not to take so I could focus on classes, though a lot of jobs are work-study only) and $1,750 in federal subsidized loans (No interest until graduation, which is a plus)</p>
<p>I’m on the spaced out payment plan so my family pays about $5k a month.</p>
<p>Also, not sure where I’ve said this before, but there are merit scholarships that can go to continuing instead of new students. I’d say that it’s worth a try. I wasn’t sure if my family could pay for Scripps either, but I don’t think price should keep any potiential Scrippsie from applying. Sticker price is very different from actual price in so many ways.</p>
<p>peakay, you can’t post links to that site here, it is ****'d out. It sounds like you will get 15k. If that is what the calculator estimates that is what they are going to likely give you unless there is something in your financial details that negates it, like more property or something. But it isn’t clear if that is all need aid or some is merit. If it is all need aid then there is the chance for another 10k merit.</p>
<p>Enchantingly: If I understand correctly, the discount/scripps grant is need based only and there is potential for the merit grant <em>on top</em> of this? That would be excellent if so - please confirm.</p>
<p>The challenge with Scripps is that she is also looking at some other privates (USF, Seattle U) that drop the price down to right around 30k (without loans) based on her GPA/ACT scores, which puts them at parity with a UC cost-wise. The extra ~ $15k for scripps is probably a deal killer, plus she’d rather get out of California to more of a city experience if all else is equal.</p>
<p>Thanks for any and all help to help me understand how this works!</p>
<p>I know that people who have their merit scholarships exceed their need. I’m not sure about the merit scholarships added to the need-based aid; there aren’t that many people who talk about being on them in my circle of friends (and not everyone is on one). I do know that if you receive an outside scholarship, they have to reduce the money they give you, but they try and start by reducing loans first, and Scripps grant last.</p>
<p>If you’re comparing UCs and Scripps, I think it’s comparing apples to oranges, especially in terms of cost vs. return. The Scripps education sounds much better quality, resources, attention etc. than the one my high school friends are getting at the UCs. But it depends on what you like. I really like my 15-or-less classes (and am in a 6-person-only class, which is great)</p>
<p>Claremont is a small town but I don’t mind. The people who want the city experience take the train or zipcars to LA on the weekends. There’s plenty to do in the Village and the Colleges are a city in itself.</p>
<p>So it sounds like you get a merit scholarship first if you qualify and it may or may not exceed your need based discount, but you won’t get both. in that case, I doubt we would see more than the need based aid - just my hunch.</p>
<p>Are you aware of athletics coming into play for anyone in terms of aid?</p>
<p>Regarding comparisons, I was more comparing to other private schools that discount down to the UC cost – USF and Seattle U. They are about $15k cheaper per year and pitch many of the same benefits in terms of class size, etc… </p>
<p>Data here is from 2011-2012 (as far as I know the scholarship amounts have not changed)
Merit Scholarships
New Generation (Full cost of attending) 1 student
James E Scripps ($20,000) 19 students
Trustee Scholarship ($15,000) 5 students
Presidential Scholarship ($10,000) 12 students
Class size is approx 250 students</p>
<p>For your daughter, Peakay, if she is awarded the James E. Scripps scholarship, she will not get a need based grant on top of that. The James E. Scripps scholarship exceeds the estimated grant/gift aid shown by the NPC. If she is a Trustee scholar, the grant will be $819 because the need exceeds the scholarship by that amount.</p>
<p>The number of students above show how many accepted the scholarships and attended Scripps. Generally, for schools like Scripps and for the amount of money offered, the yield rate is 50% on scholarship offers (except for the New Generation Scholarship which probably has a 100% yield rate).
So, I would guess about 40 James E. Scripps scholarships are offered each year and only half end up attending Scripps.</p>
<p>Here is scholarship data from Issue 3, Access and Scholarships Dec 2014 Newsletter of The Campaign for Scripps College.
(Data is current as of 10/28/2014 for all degree seeking undergraduates)
12% receive up to $60K
18% receive up to $50K
26% receive up to $30K
44% pay full tuition, room and board</p>
<p>I think the word scholarship here means merit scholarship + need grant + loans + work study.</p>
<p>Thanks Ladyengineer - very helpful! So it looks like or minimum cost would be 43,780 assuming she got the highest discount they offer. Your input really helped me get to the bottom of this. </p>
<p>Peakay: the alumnae magazine has clip out vouchers (or at least did in the past) for free application so that alums encourage good candidates they know to apply to Scripps. So ask your alum acquaintances. Since applications and yield are up maybe they don’t do this anymore?</p>
<p>Peakay: re athletics, no idea if they help for Scripps admission chances or financial aid. I know for other schools a prime athletic record gives about a 0.5 GPA point advantage!</p>
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