<p>I was wondering if you would be willing to share how much grant you received in your Ivy League financial aid? I wanted to create a thread so people(including myself :D) can use it to make comparisons between their own package and that of others and to give new applicants ideas of what they might be expected ---aka. case studies. </p>
<p>Please list these (omit any of these if you don't feel comfortable sharing/or if info is N/A)</p>
<p>1) College name
2)Family Contribution (include parent's + student's)
3) Total cost(cost of attendance)
4) Family Income
5) Home Equity
6) Savings
7) # of students in college
8) # of cars your family owns (not sure if this is a factor or not)
9) other significant factors that might attribute to your family contribution</p>
<p>This really would not help you because there are so many other factors that go into the equation:</p>
<p>are there stepparents/non-custodial parents/extenuating circumstances
You do not know if a kid got a preferential package based on an appeal/finanical review or the matching of another school’s package.</p>
<p>At the end of the day, what someone else gets is really not going to have any bearing on what your family receives</p>
<p>Agree, this is of no value to other kids since each situation is different and merit aid doesn’t come into play. There’s really not a good basis for “comparing” your package to someone elses unless you are sitting side by side at a table with all the tax forms and assorted paperwork in front of you for both families.</p>
<p>This thread reminds me of daughters friend who was so proud of her brother getting lots of money to attend Princeton.
Yes, it is nice that he is attending his first choice school, & yes it is nice that they meet 100% of need, but money is need based, not merit based.</p>
<p>Yes, my cousin was sooo annoyed at her Val son’s high school graduation. He and the Sal both were heading for Stanford, but the principal made a huge deal that the Sal got a full ride scholarship. Of course, the audience didn’t know that just meant that she’s low income.</p>
<p>No, in the name of diversification they are just colleges that are no longer completely full of rich connected kids…some of those of course but a much higher percentage than decades ago who are not.</p>
<p>This statement is not true. For those applicants who are considered best of breed, whether in athletics and/or academics, financial support is available to applicants that do not meet need-based criteria.</p>
<p>At those institutions, all the admitted students are “best of breed”, as are the ones on waitlists. Most of them are also full pay. There’s no incentive to give additional $ to someone who does not need it.</p>
<p>Sorry, I do not have any stats to support my statement only the experiences of two local graduates who are exceedingly wealthy (easily eight figure net worth wealthy) yet were offered very attractive fin-aid packages from two different ivies. The financial aid officers at these schools made it clear they have available “scholarships” they can award to incoming students on a discretionary basis.
I was a bit surprised when I was told the above but on reflection why should I have been?</p>