Scholarship Udates

<p>Yay, turns out I really did get the Founder's!!!</p>

<p>Ditto to that Vicky06. My Mom called and they pulled the file and checked and BINGO they said I would qualify for the Founders. Maybe my Mom's fath in her school is restored. If my Mom hadn't called after seeing these stats she wouldn't have called to ask..............</p>

<p>I got $22k a year (dsa). ACT: 33. GPA weighted: 4.5, unweighted: 3.93. I haven't decided where I'm am going yet. My decision is pretty much between Tulane and Notre Dame, and William and Mary if I get off the waitlist. I am visiting Tulane for the first time next week, but I haven't recieved my financial aid info yet, so we'll see.</p>

<p>in response to the earlier post about a nationwide shift in finaid, i dont think harvard/penn/stanford represent the typical standards for fin aid, even in the top 50 schools... its fairly easy to offer that kind of aid when your endowment tops off at around 26 billion (yikes) ... most schools simply don't have the resources to offer the kind of aid that is being offered by Harvard-esque schools and their immense endowments</p>

<p>
[quote]
in response to the earlier post about a nationwide shift in finaid, i dont think harvard/penn/stanford represent the typical standards for fin aid, even in the top 50 schools... its fairly easy to offer that kind of aid when your endowment tops off at around 26 billion (yikes) ... most schools simply don't have the resources to offer the kind of aid that is being offered by Harvard-esque schools and their immense endowments

[/quote]

Yes. If you're responding to my post, that was my point. There are admits to, for example, Harvard, Stanford, Wash U, Vandy. If Harvard raises the ante, the others have to as well. Some of the students who thought they were going to Wash U and Vandy because they'd get better aid there will now go to Harvard (Stanford, Yale, Princeton, if they match the aid). There are also admits to Wash U, Vandy, and Tulane. If Wash U and Vandy up their threshold for need... well, you get the picture -- the effect trickles down, and 50 privates are enough to have a large effect. This may not happen immediately. Even if not, by this time next year, the application landscape should be a bit different, maybe a lot different.</p>

<p>i agree to some extent, but the other schools can only stretch themselves so far... the endowments just aren't large enough to engage in the kind of trickle down competition you are suggesting... if anything the change will be minimal across the board unless the other schools get some massive donations</p>

<p>at some point, Harvard and its (relatively speaking) equals have too many "chips" for the other schools to keep playing-they won't be able to match the ante, and will fold in the competition for those types of applicants</p>

<p>i agree however that this will change the app landscape... for the kids who don't qualify for the free tuition income bracket (yet don't have the disposable money/dont want to go into debt), the schools in the next tier down will be able to offer sizeable merit aid packages to lure them away from HYP etc.... but for the under 60k bracket, these schools will most likely be unable to compete in the same scope that a school like Harvard can afford to</p>

<p>i meant the over 60</p>

<p>I don't think I made my point. I'll try again. </p>

<p>First off, agreed that expansion in dollars for aid will trickle off further down in the pecking order. That's beside the point, though. The scenario is essentially musical chairs.</p>

<p>If only a dozen or so rich privates match Harvard's new standard, it's the acceptance on the part of students to atend those that would cause a shift large enough to be felt. </p>

<p>There are students for whom the top tier is not a "reach" in terms of admission, but it is a reach in terms of finances -- those who now (formerly) could get admission and very little aid at top tier, but admission and very good merit aid at schools of (supposed, perceived) lesser rank. </p>

<p>Rather than accumulate loans or impoverish parents, they take the good merit awards. Some of those will now (or soon, as policy changes) qualify for more need-based aid at top-tier, and some of those will end up going there.</p>

<p>For there to be an effect, there need be no change whatsoever in the amount of merit money awarded at 2nd-3rd tier schools. It's simply that some percentage of the students who now (formerly) occupy the big-merit-award slots in tier 2-3 will leave those open as they accept at first tier.</p>

<p>In the specific case of Tulane, if the shift takes effect, some of the 100 or so who would have accepted the DHS will suddenly find supposedly higher-ranking schools more affordable, and go there instead. What to do with those slots left open (fill them, or "swallow" them) is up to Tulane policy, but if they're filled, it could be a) that the top range of the students who would otherwise get DSA would be moved into them, or b) the students bumped out of first tier by the new admits will take them.</p>

<p>All this is at present hypothesis, and it remains to be seen how it will actually play out. It seems to be a plausible hypothesis, though, and one which can have an effect without requiring any expansion in aid down the pecking order.</p>

<p>This could be one of those few and far between win/win things for students and schools.</p>

<p>They often don't pick up the phone--just keep trying. Uh, I'm another w/ low gpa: 3.3. SAT:1440/2190. ACT:30 (I hated that test!). I got the founders, but who knows what will happen. I'm also looking at CMU, and some schools in my home state of GA. Not Emory, although my friend got a grand total of $25 thou from them.</p>

<p>I wound up getting a Founder's scholarship, 690/730/750 SATI, 710 Lit, 740 USH, 760 M1, 3.34/4.1 GPA, lots of 4's and 5's on AP's, I kinda thought I should get a DSA...ehh. My total package was 27,000/year with 3,000 in loans, not TOO bad. I'll probably accept the offer.</p>

<p>Hello everyone. I am just curious to know did you receive your scholarship offers at the same time as your acceptance or did you get tham afterward? For some reason my email puts Tulane in BULK and I am just now getting word that I was put on the waiting list, then admitted from it. However, the email I got with acceptance did not mention any financial award. All of you with scholarships please let me know how you got them! Thanks in advance!</p>

<p>my scholarship letter came about a month after my admission letter. it really freaks me out that they are already admitted people off the wait list</p>

<p>I have been in close correspondence with my financial aid counselor--who is very helpful, and I just got my FAFSA and CSS turned in and she had my aid package ready in a matter of days (she emailed it to me). So call Tulane or email the finaid office.</p>

<p>what exactly are the requirements for founder/deans scholarship?</p>

<p>i thought it was 1350SAT/31ACT but im seeing scores across the board?</p>

<p>maya- in a given normal year those scores are the average scores of people recieving a founders scholarship----there is no cut off score</p>

<p>in other words some people recieving founders will have test scores below those scores and some will have scores above a 31/1350</p>

<p>I got 1360 or 2150 with the writing and no offer of merit aid</p>