<p>[Yale</a> Law School | Entering Class Profile](<a href=“http://www.law.yale.edu/admissions/profile.htm]Yale”>Profiles & Statistics - Yale Law School)</p>
<p>^ only ONE Canadian institution represented there.</p>
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Financial aid will vary on an individual basis. What you will pay is totally irrelevant to everyone else. What I will pay is totally irrelevant to everyone else. Make recommendations on an individual basis depending on the EFC of the student in question.</p>
<p>True, but I’m sick of the “waa waa, kids go to Ivies for the brand name, they’re a bunch of status-obsessed freaks” crap. That man really needs to discover what financial aid is.</p>
<p>Sorry if I implied that financial aid is just a flat subsidy that doesn’t take need into account but as a b-school professor he should realize that’s a moronic way to give aid.</p>
<p>You’re missing something HUGE with law school. More than likely where you go to law school is where you want to live. A U.S. law degree isn’t a whole lot of good in Canada without another 1.5 years of school after the fact. So before you say how weak Canada’s schools are think that through.</p>
<p>As for the rest of the argument, I have two friends, one who started at the University of Alberta and transfered to Princeton and another who did the exact opposite. The consensus was that the teaching and quality of education was more or less comparable. The was without a doubt a stronger student body at the top end at Princeton. However, schools like Princeton require less classes for a degree, so after transfering from Princeton and with the courses that did not transfer it took my friend 5 years to get his degree at U of A (including the year at Princeton).</p>
<p>Princeton doesn’t even accept transfer students. :p</p>
<p>Right you are I didn’t feel like giving the whole story. He took classes part-time over a two year period at the U of A before going to Princeton. So not technically a transfer, but you get the drift.</p>
<p>That is considered a transfer, genius. And you just said you know someone who transferred from Princeton to U of A (what A?). ROFFLE.</p>
<p>“The consensus was that the teaching and quality of education was more or less comparable.”</p>
<p>OMG RLY? <em>Believes this</em></p>
<p>Yup, I’m an idiot, just ignore me. Electronica clearly has way more insight from her/his highschool and internet forums than someone who has been a professor in both countries and a range of schools for 20 years, sits on accreditation boards and oversees a professional association of 20,000 professors.</p>
<p>Re-read Electronica’s response. So is this the kind of intellectual horsepower you are going to pay big bucks for to sit with in the same seminar at American Dream U?</p>
<p>Yes some might get financial aid and that would even things out for those whose who would qualify. These are not full scholarships, they merely attempt to close the gap between what your parents can afford and the actual cost, which is usually over $200,000. </p>
<p>Unless your family has money to burn, I suggest that before you waste your time and fantasies applying, a) run the numbers to see whether your ‘dream school’ treats Canadians as Americans when it comes to financial aid (I believe there are six schools that are ‘need blind’ for the full amount for Canadians, assuming they judge your family to have the same need as you think you need), b) read about what need blind really means in the pragmatic world of recession in the education industry today (lots of evidence to suggest it is not really blind but they give out limited consistent fixed quantities each year), and most importantly, c) figure out how much you might actually qualify for if you were accepted. Your parents own a house? A few cars? Have retirement funds? OR earn over 100k? Good luck.</p>
<p>For those wanting to learn more about financial aid, I strongly encourage you should read the parent forum and the CC section on financial aid extensively. You will learn the complexities of applying for it and how its determined, and how very often FA does not come close to closing the gap for most American families and need blind often really is not (files are not truly ‘blind’). </p>
<p>I’m trying to be helpful here. What other motive could I possibly have? I am fortunate enough to have inside information that I think would be useful. I have kids who are both American and Canadian and both myself, my spouse (who is a professor), and most of my colleagues (who are American) see the educational industry for what it is. I don’t know any professors who are living in Canada who would send their kids south of the border given the tuition differential. If you want to slam me, it raises the question of why? Why be so defensive?</p>
<p>You’re not getting it.</p>
<p>If you don’t have money to burn and you manage to get into an Ivy (minus Brown and Cornell if you’re Canadian) you will be given aid to make sure that you can attend. My friend goes to Princeton and it costs him way less than going to UBC.</p>
<p>Is that simple enough for you to grasp?</p>
<p>Take a look: <a href=“http://www.princeton.edu/admission/financialaid/estimator/tour/case1/[/url]”>http://www.princeton.edu/admission/financialaid/estimator/tour/case1/</a></p>
<p>OK, guys, this thread is helping NO-ONE, really. I, like some posters here, 110% believe that top US schools are far superior in many ways and have no intention whatsoever to change my views. I have witnessed what kind of students enter top CDN schools and have also experienced, by participating in a very selective science research program in the States during this summer, what kind of education I can get in a top ranking US college in case I make it. I do have multiple valid reasons and can go on and on with the details. </p>
<p>On the contrary, some do not think so, for their own reasons. </p>
<p>However, one thing we all agree on. The very purpose of the CC and this Canada thread is to help students who WANT to go to the US schools, not to challenge their dreams. People who have doubts and do not plan to go to US schools, please please take your business somewhere else. Let’s focus and also let others focus on whatever we have to do this summer.</p>
<p>^ completely agree with you. :)</p>
<p>Lol starbright is really showing his age with his outdated idea that only rich people can afford to send their kids to Ivy League schools.</p>
<p>I can’t convince my neighbor who lived in the Soviet Union during the Cold War that he’s not a secret agent fighting government oppression either so I guess I’ll ignore you like I ignore him, buddy.</p>
<p>And what, do I not write well enough for you? I’m posting on CC not writing a paper for a political science journal. Lol forget it.</p>
<p>Ahhh CC. Your ability to attract even the pettiest of individuals never fails to amaze me.</p>
<p>Chill, I just don’t want bright poor kids to be misinformed, that’s all.</p>
<p>If you read my previous post you would have seen what U of A was (not too aware of more than one U of A in Canada). I don’t see why you think it would be ridiculous for someone to transfer from Princeton <em>gasp</em> to come to a lowly Canadian school. My friend didn’t think paying over $100,000 (upper middle class) for a degree in economics when he wanted to major in accounting was worth it, seeing as Princeton doesn’t offer accounting. Now if you people are all planning on living in the US after university, sure with alumni and whatnot, going to an Ivy could make a huge difference. But I will guarantee that if you’re coming back to Canada, where your degree is from will not a difference at all.</p>
<p>[Princeton</a> University | Example Aid Package: Families earning $100,000 to $150,000](<a href=“http://www.princeton.edu/admission/financialaid/estimator/tour/case3/]Princeton”>http://www.princeton.edu/admission/financialaid/estimator/tour/case3/) </p>
<p>Even families with higher incomes are able to afford an education at a top US school like P.
If I were to attend UfT, I would have to pay for room and board as well and the cost would be perhaps 5K less than a US education. That 5K, in my opinion, is worth it.</p>
<p>But I want to go to the US because my Dad works in the US, gets paid in USD, and I expect to become a permanent resident in a year or so and want to attend med school there + practice there.</p>
<p>I will be eagerly watching this thread next year to see what, if any, American university Electronica is admitted to. If they base admission on ego alone, s/he will be a shoe in.</p>
<p>whippah: Does your friend go to TCNJ?</p>
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<p>I understand where you’re coming from, but I think some of your comments are a bit disingenuous. My parents make over $100k and have retirement funds. My financial aid is pretty generous. My dad is a professor and most of his colleagues told me to go and not look back. The smartest and most inspired students I know went to the States, or at the very least tried. Anecdote for anecdote…doesn’t really mean much. </p>
<p>It’s unfair to say that Canadians who apply are deluded by brand names. We (as a family) weighed my options carefully. If I had stayed at home, I’d have $100,000 to my name. If I had stayed in Canada but left home, my RESP and scholarships probably would have covered the full cost. We’re probably going to end up paying another $80000 or so on top of the RESP, but we feel that the cost is justified. There’s no peer for Wharton in Canada, especially in terms of alumni network or employment opportunities.</p>
<p>In the end, what’s the harm in applying? You can argue that the financial aid system is misleading, but that’s not really a legitimate argument as to why someone shouldn’t apply. I almost didn’t apply to Penn because I read that their financial aid wasn’t that generous. I was pleasantly surprised, to say the least. Cross that bridge when you come to it. If the ACTUAL financial aid offer isn’t very good (not what you think your offer will be based on CC speculation), then I think most people would be “rational” and make an informed decision. If they can afford to spend the $200k anyway, well, this entire argument is irrelevant to them.</p>
<p>Full disclosure: If I didn’t want to do finance, there’s a 99% chance I’d be going to school in Canada for all the reasons starbright mentioned.</p>
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From Princeton:</p>
<p>*Is it possible to transfer to Princeton from another college or university?</p>
<p>No. At this time, Princeton is not able to offer transfer admission. Any student who has graduated from secondary school and enrolled as a full-time degree candidate at another college or university is considered a transfer applicant and isn’t eligible for undergraduate admission.*</p>
<p>So, if the guy taking courses wasn’t a degree-seeking student and he didn’t ask to transfer too many courses in he might have been able to apply.</p>
<p>MajorLazer is an example of where picking the US school was probably smart. He(?) wanted to enter a field where the Wharton brand had a good chance of offering tangible benefits.</p>
<p>In any case, it certainly never hurts to apply and see what happens.</p>
<p>Good points Majorlazer. Though I would add I know of no business school professors (i am one) that would also encourage their offspring to get an undergrad in business. </p>
<p>Anyone Canadian who can make it through US school hurdles to a top US school should not be just getting an undergrad- it’s <em>ONLY</em> an undergrad for pete’s sake. Save the bucks for graduate school. You can get a great undergrad anywhere and go to a top US school for an MBA. </p>
<p>As someone in a business school, you can and should run the numbers to calculate how much that cost differential is going to add up to 5-10-20 years down the road (if you had invested it elsewhere at whatever interest rate you want to work with). Present value may not be much, but run it down the line, and those numbers are scary big. </p>
<p>Even if you have the funds, my point is it is almost always not worth the differential. There are exceptions of course but as a general rule, it doesn’t make a lot of financial or career sense. </p>
<p>And to those looking at undergrad for business anyway, look at who recruits at the top Canadian schools before you turn your sights to Wharton. Please!!</p>