The Effect of Income Level

<p>First gen college student
Mom = product supply person in a company, high school diploma
Dad (not involved in my life) = truck driver, high school diploma
about $60,000 a year</p>

<p>To what extent will these stats affect my admission to elite schools? I've heard varying responses as to the level first gen plays in admissions. My list currently includes: Dartmouth ED, Cornell, Brown, Bowdoin, Amherst, Carleton, Middlebury, University of Florida, Duke, and a few potential others.</p>

<p>Actually I'm gonna add to your post and ask how does a high income (mid six figures) affect elite school admissions?</p>

<p>high mid six-figures doesn't matter.</p>

<p>unless you are an extreme (millions a year+ you donate to that school, OR your family makes <20,000 a year and supports 2+kids), your income doesn't matter. IF you choose to apply for financial aid, some schools will be more difficult to get into.</p>

<p>that's lame. i haven't had the advantages of SAT prep classes, college consultants, etc.</p>

<p>They don't help very much anyway, trust me.</p>

<p>Ephemeral2 : you wil certainly get the benefit of first generation University student which is more important than the income level but clubbing on top with income level you should get status similar to a URM.</p>

<p>
[quote]
that's lame. i haven't had the advantages of SAT prep classes, college consultants, etc.

[/quote]

I'm really not going to either...so are many other students. I have a pretty darn low income bracket as well, though. Haha.</p>

<p>Thanks guys</p>

<p>What about second generation w/ $50,000 and 4 family members?</p>

<p>Interesting question. I've asked about this before. </p>

<p><a href="http://talk.collegeconfidential.com/college-admissions/469331-do-colleges-actually-prefer-admit-wealthy-students.html%5B/url%5D"&gt;http://talk.collegeconfidential.com/college-admissions/469331-do-colleges-actually-prefer-admit-wealthy-students.html&lt;/a&gt;&lt;/p>

<p>oh man, that thread scares me.</p>

<p>In many elite schools, if you are poor with the same stats, ec's etc as someone who is rich, it is usually to your advantage - you've accomplished more with less.</p>

<p>Yeah, since you have less resources in the admins eyes, and since you can (i assume) achieve similar stats as some rich kid, you are more promising. Plus if your rents didnt go to college that makes you look even better...after all your a walking, talking Hollywood rags-to-riches character, and we all know admins love those.</p>

<p>Doesn't work for state schools, though.</p>

<p>How about:</p>

<p>~$30k/year</p>

<p>2 dependents (1 at UCLA)</p>

<p>immigrant (singaporean)</p>

<p>What's really unfortunate is having in-the-ballpark stats for admission, but a parent earns in the 6 figures bracket but won't contribute much for college (just the amt he would pay for an instate public) and because of his income, you can't apply for financial aid.</p>

<p>^SAME HERE
Although my situation is a little worse.....my parents (there's a reason) decided not to pay for college at all! And now I'm screwed and hoping for full rides. Yay!</p>

<p>Gosh I wish my parents earned a little more so they could donate a library or a building or something........that'd be nice.</p>

<p>It's getting better for upper middle class (~$100,000), I think. But if you make significantly more and you can't get aid from 'rents... Uh-ohs...</p>

<p>Weird, I've gotten several different responses. But, it is definitely an interesting topic for discussion - because while colleges need wealthy students to pay full tuition, they are pushing socioeconomic diversity more and more.</p>

<p>yeah, I mean, you can't really be exact with this kind of topic because I think it differs from school to school, but I agree that colleges are starting to value socioeconomic diversity more...a good thing for me.</p>