@alexandra00 just did!
I got likely during EE and accepted RD. I was worried that the likely was a mistake.
@fairway1 ugh I feel this. Likely is accepted basically as long as you don’t murder someone!! But I know I was totally doubting my likely.
@CalmCanaries Congrats to you!
@sobu32 appeal anyway. i plan on doing the same thing
@sobu32 - Did the estimator (‘MyInTuition’ on the Wellesley website) come in with a different result? Our estimate was pretty close, and Wellesley seems pretty decent with aid.
Wellesley matches merit scholarship from peer colleges?
Wellesley gives need based financial aid, not merit-based scholarships. So no, it won’t match merit awards from peer colleges.
My D was accepted, but received a finaid package SUBSTANTIALLY below the one calculated by their own tool (more than double). I have twins going to college next year, and the contribution was half of our total income. Mind you, with a TWIN going to school. They are slow to respond, and when they called me 2 days after I called them explaining my situation, they asked me if I wanted to talk with someone. If yes, at least 2 more business days before I can do that was the response. I never would have had her apply if I had known the aid was that far off only to disappoint her. All her other acceptances were in line with our expectations, by the way, and from SOLID peer institutions.
My estimated contribution came in more than DOUBLE what their calculator stated (and 50 percent of our income despite having twins going to college), so no, I don’t think their finaid system is great.
FrazzledMomofTwins. With another kid already college, receiving equally bad finaid, our total tuition payment for 2 will be 100% of our before-tax income. Basically we are spending our retirement savings ( not tucked in retirement accounts) for our kids education. I am sure we are not alone.
Calculator gave $27k net, FAFSA $29k, Wellesley $42k.
NoRetirement: My financial advisor has always said, “People will lend you money for education, but no one will lend you money for retirement.” We are lucky that my daughter spread her apps around, and we received SUBSTANTIALLY better offers from 3 other institutions so far. If their calculator predicted an accurate number (which it is supposed to do), we would not have wasted our precious time and money visiting and applying. My son is staying in state, although due to disabilities, really needs a private institution, and receives state aid to assist us. Once I spoke with the Wellesley person, it was clear that we were being penalized for owning our own business. We had a horrible year and had to dip into emergency funds to stay afloat. Because of that “dip” they recalculated that we had more money when we actually had less! They would not budge. Oh well, next…
Those of you who got less financial aid than you bargained for, are you sure you submitted all the required forms? My friend had the same problem but it turned out she hadn’t submitted the CSS.
Thanks, stargirl3. Yes, we submitted everything. We were penalized for having an exceptionally bad year because we dipped into our savings to pay bills from our business savings, which counted as extra “income,” but only for Wellesley. I just could see the same argument every year. By the way, we loved your posts on the way to boarding school. My daughter was applying at the same time. She landed and did well!
@FrazzledMomofTwins Hehe, you followed me all the way here But yeah, that’s too bad about Wellesley’s FA, but I assume your daughter will land and do well again this time!
I got wait listed?.. Knew about this particular discussion some minutes ago
https://chat.■■■■■■■■■■■■/G6pgm8PQGGj83xG6ekmmmB for waitlisted candidates