<p>I plan to run most of the NPCs this weekend. Just from the CDS data, I suspect that Texas will not show much but Ga. Tech will.</p>
<p>A hundred years ago when I applied, Ga. Tech offered me a full ride (out of state)…which of course arrived a week after I’d already accepted at UVA (which also had some grants but not as much).</p>
<p>I plan to run most of the NPCs this weekend. Just from the CDS data, I suspect that Texas will not show much but Ga. Tech will.</p>
<p>Report back what you get from GT’s NPC. I’ll be surprised if you get much/anything need-based other than loans.</p>
<p>Did the CDS data separate instate aid vs OOS aid?</p>
<p>GT did not give my son a dime of merit money. He applied for the Presidential Awards but did not get anything.</p>
<p>No but it typically says something like, for example:</p>
<p>Georgia Tech (2011):
14,088 applied (men & women)
7,210 admitted
2,706 enrolled
in-state $21,098 total cost
OOS $39,308, total cost
total need-based aid (grants/scholarships; not loans), $47,177,868
total non-need-based, $26,634,243
Student loans from all sources (excluding parent loans)
need-based, $30,793,261
non-need-based, $6,950,225
Work-study, $641,648
Parent Loans
need-based, $16,460,409
non-need-based, $4,831,451
a) Number of degree-seeking undergraduate students (freshmen), 2706
b) Number of students in line a who applied for needbased financial aid, 2165
c) Number of students in line b who were determined to
have financial need, 1261
d) Number of students in line c who were awarded any
financial aid, 1236
e) Number of students in line d who were awarded any
need-based scholarship or grant aid, 1170
f) Number of students in line d who were awarded any
need-based self-help aid, 615
g) Number of students in line d who were awarded any
non-need-based scholarship or grant aid, 997
h) Number of students in line d whose need was fully met
(exclude PLUS loans, unsubsidized loans, and private
alternative loans), 536
i) On average, the percentage of need that was met of
students who were awarded any need-based aid, 67.0%
j) The average financial aid package of those in line d, $13,020
k) Average need-based scholarship and grant award of
those in line e, $11,802
l) Average need-based self-help award, $3,645
m) Average need-based loan, $3,306</p>
<p>Bottom line for us - not counting merit awards (which GTech evidently does give), an average of $13k in grants versus a cost of $40k (now) puts us at a $27k net without loans or merit aid. For us that not nothing but it’s definitely doable.</p>
<p>Of course, as they say, your mileage may vary - and it will; I’m sure more of the grant aid stays in-state - but these numbers are at least sufficiently reassuring that he’ll apply, and assuming he gets in (seems like good chance), we’ll see what comes back in the way of an aid package - and from everywhere else - and then, from what I’ve read on CC. it’s likely we’ll be in a position to ask one or more schools if they would up their offer. Then we’ll decide.</p>
<p>an average of $13k in grants versus a cost of $40k (now) puts us at a $27k net without loans or merit aid</p>
<p>???</p>
<p>Why are you using “average grants” as any kind of guideline for what you’d get? You’re OOS, you don’t qualify for HOPE, and you have a highish EFC. Average doesn’t tell you anything about your situation. </p>
<p>Keep in mind that those numbers mostly involve instate students and only include those who enrolled. They don’t include the students who got lousy aid and didn’t enroll. </p>
<p>I just did the GT NPC and put in family of 4, 1 child in college, income between 90k-100k and got that the student might get a combo of merit and grants for a total of $8k. So, that’s not $13k and it’s a possible combo of grants and merit.</p>
<p>I would be surprised if Tech offers you very much. GA is broke. </p>
<p>GA has the Hope scholarship which virtually every in state freshman starts with. I suspect that impacts the stats you see.</p>
<p>The Hope was drastically cut this year for in-state students and I bet the Hope is included in their grants section, so that number will go down. I’d be surprised if you got much as an OOS, and if so, I know a bunch of residents that would not be happy since their grants were cut midstream with no grandfathering.</p>
<p>I ran a bunch of NCPs today on colleges my S3 is interested in and every single private was lower than comparable out of state publics. Most of the publics came up with zero aid. He’s instate for Mich so I hope and pray he gets in as it’s a good value for in-state kids although we’ll have zero need. If not, we’ll gently shove (oxymoron I know) him toward the privates with engineering. My oldest went through an OSS public before the financial drought and at that time the OSS publics brought his costs in-line with our in-state costs. But no more I fear except for the uber top kids.</p>
<p>*I ran a bunch of NCPs today on colleges my S3 is interested in and every single private was lower than comparable out of state publics. *</p>
<p>that will happen if you’re applying to the higher ranked OOS publics. But there are still some other OOS publics that give merit. Purdue gives about $10k per year for strong stats, and that can bring costs down to about instate. And some of the other mid-tier state schools can sometimes give enough merit so as to be cheaper than the instate flagship.</p>
<p>the problem with a school like GT is that it has sooo many high stats kids because it’s heavy STEM. It’s also boy-heavy, so it has been known to throw better aid pkgs at females just to improve their gender ratios.</p>
<p>Yes, I think college pricing is a moving variable these days and old paradigms are again changing. I’m not one to ascribe to apply broadly, but I am one to say research broadly. One outlier in the spring is not devastating since kids seem to be applying to more and more schools. I know with mine. S1 circa 2005-6 spplied to 4, S2 circa just a couple years ago applied to 6 and I see S3 on target to apply to 8 simply because of the shifting sands of college financing and acceptances.</p>