Athletes and Harvard

[Unregistered]

Our household income places us in the upper middle class.

Our EFC at Dartmouth is $19,000.

Given this is an anonymous forum, do you mind giving a ball park figure of your household income?

Reason I ask is our household has 2 kids, one starting to think about what colleges she is interested in and our HHI in any given year is up around $190k gross. Trying to be realistic about our Financial Aid and EFC to maybe help guide her decisions. From a academic standpoint, private school 4.0GPA, National Honor Society, 1300 PSAT.

[Unregistered]

Play along at home and use Dartmouth's net price calculator.
https://financialaid.dartmouth.edu/c...ice-calculator

This links through to College Board. After playing around, an income of ~$250K leaves you with $41K to pay to Dartmouth. COA is $74K - Need Award $33K

ANY Savings, extra homes, or student being named as beneficiary in a trust (grandma) shoots the EFC up

[Unregistered]

I still laugh at the EFC's and estimates that we got when my oldest went to school. Every school preached how awesome they were with aid and that there was no reason every kid could not attend their school .... money would never be an issue. We are middle class and i was laughing so hard at the absurd amounts schools thought we could afford. We have worked our whole lives and paid for everything we needed along the way. We never asked for or received help and we do not drive fancy cars or travel to exotic destinations ... ever. That said, we never were able to save a ton of money for our kids (and we live in a modest home and always have ... in a modest town). Sorry, after we have paid our mortgage, car payments, taxes and everything else (including daycare costs when they were little), there just wasnt much left to save ..... I am not making any excuses, but after paying for all of the poor people to get plastic surgeries, eat steaks and lobsters, and go to Ivy league schools, there just isn't enough left for me to justify many of the schools that said we would be able to afford to go there. Many were well over $40k/year and my daughter was a rockstar in school .... such a joke ..... I cant wait for my youngest to graduate from HS so we can get the hell out of the northeast .... give it to the poor people and let them do what they want .... then build a wall around wherever we end up to keep the money grubbers out!! Middle class is a dirty couple of words nowadays.

Leave now and go be around others who continue to blame their lot in life on everyone but the person in the mirror. Vote for Trump again because he can relate. Now back to soccer....

[Unregistered]

Play along at home and use Dartmouth's net price calculator.
https://financialaid.dartmouth.edu/c...ice-calculator

This links through to College Board. After playing around, an income of ~$250K leaves you with $41K to pay to Dartmouth. COA is $74K - Need Award $33K

ANY Savings, extra homes, or student being named as beneficiary in a trust (grandma) shoots the EFC up

We make less than $250k. "Upper middle class" in MA starts at $165k. One other kid in college, no extra homes.

The trust fund questions on their FA form made me laugh out loud.

[Unregistered]

Leave now and go be around others who continue to blame their lot in life on everyone but the person in the mirror. Vote for Trump again because he can relate. Now back to soccer....

I'm not that other poster but he has a point. Quality of life can be much better in states off the coasts because your money goes further.

[Unregistered]

Given this is an anonymous forum, do you mind giving a ball park figure of your household income?

Reason I ask is our household has 2 kids, one starting to think about what colleges she is interested in and our HHI in any given year is up around $190k gross. Trying to be realistic about our Financial Aid and EFC to maybe help guide her decisions. From a academic standpoint, private school 4.0GPA, National Honor Society, 1300 PSAT.

It differs dramatically from school to school. Well funded privates can be very accomodating if they want your student. Publics can be very stingy. Out of state publics want all the full pay out of state parents they can get so don't hope for much there either, unless you are very strategic.

If your daughter can maintain a 4.0 and finish with a 1390 on her SAT she'd get a full tuition scholarship to the University of Alabama - Huntsville. Before you laugh, their 75th percentile SAT score for incoming freshman is 1330 and 68% had a GPA of 3.75 or higher. College doesn't have to be expensive unless you want it to be. It's no Ivy but it's also VERY cheap for the strongest students.

[Unregistered]

Given this is an anonymous forum, do you mind giving a ball park figure of your household income?

Reason I ask is our household has 2 kids, one starting to think about what colleges she is interested in and our HHI in any given year is up around $190k gross. Trying to be realistic about our Financial Aid and EFC to maybe help guide her decisions. From a academic standpoint, private school 4.0GPA, National Honor Society, 1300 PSAT.

You make about the same as my wife and I and our kids are bout the same ... my daughter got a much higher SAT though .... we got $5500 subsidized FA loan and that was it. Then we got merit. At your HHI, you will receive no FA, just whatever athletic, merit or scholarships she can get. It really sucks being middle class .... they will be happy to let you hang yourself with loans though and prolong your working life for an extra 20 years. Our son goes to school in 2 years .... I can't wait this time around to tell all the hopeful first time parents that the admissions people are full of crap about the affordability of their school.

[Unregistered]

You make about the same as my wife and I and our kids are bout the same ... my daughter got a much higher SAT though .... we got $5500 subsidized FA loan and that was it. Then we got merit. At your HHI, you will receive no FA, just whatever athletic, merit or scholarships she can get. It really sucks being middle class .... they will be happy to let you hang yourself with loans though and prolong your working life for an extra 20 years. Our son goes to school in 2 years .... I can't wait this time around to tell all the hopeful first time parents that the admissions people are full of crap about the affordability of their school.

That's awful. Make too much to get help and too little to afford anything but State school. It's not like we make what we make and live in flyover. Both of us went to State, and I don't have a problem with my kids going there if that's their choice, but I distinctly remember getting acceptances to BU and BC and then learning that we received no FA and State was the only option. Was hoping my kids would break that cycle. Guess I should have gone to work on Wall St...

[Unregistered]

It differs dramatically from school to school. Well funded privates can be very accomodating if they want your student. Publics can be very stingy. Out of state publics want all the full pay out of state parents they can get so don't hope for much there either, unless you are very strategic.

If your daughter can maintain a 4.0 and finish with a 1390 on her SAT she'd get a full tuition scholarship to the University of Alabama - Huntsville. Before you laugh, their 75th percentile SAT score for incoming freshman is 1330 and 68% had a GPA of 3.75 or higher. College doesn't have to be expensive unless you want it to be. It's no Ivy but it's also VERY cheap for the strongest students.

Like with soccer recruiting it's also about targeting. If your dream school is a real stretch academically you may get in, but you won't get much merit $ (you are correct that privates tend to give more, state schools much less so). But drop down a level and be a highly desired student then you'll likely get a generous merit offer. That's also why it pays to apply to a lot of schools because you never know what you might get. Another trick is wait until mid April to pressure a school for some more $. By then most declining students have rejected offers and it frees up some money. If the school wants you they usually can find some more.

Graduating with little or no debt can be a life changer, especially if you want to go to grad school or chose a career that doesn't pay as well.

[Unregistered]

That's awful. Make too much to get help and too little to afford anything but State school. It's not like we make what we make and live in flyover. Both of us went to State, and I don't have a problem with my kids going there if that's their choice, but I distinctly remember getting acceptances to BU and BC and then learning that we received no FA and State was the only option. Was hoping my kids would break that cycle. Guess I should have gone to work on Wall St...

More and more middle class families are stuck in that position - they make too much for significant financial aid but not enough to afford college. FA guidelines really haven't kept up with tuition increases. It' especially tough in high cost states where household incomes are higher than national averages, but it's not like were living like kings.

[Unregistered]

You make about the same as my wife and I and our kids are bout the same ... my daughter got a much higher SAT though .... we got $5500 subsidized FA loan and that was it. Then we got merit. At your HHI, you will receive no FA, just whatever athletic, merit or scholarships she can get. It really sucks being middle class .... they will be happy to let you hang yourself with loans though and prolong your working life for an extra 20 years. Our son goes to school in 2 years .... I can't wait this time around to tell all the hopeful first time parents that the admissions people are full of crap about the affordability of their school.

The only solution is to tax the super rich at 70% and make college affordable for everybody

[Unregistered]

The only solution is to tax the super rich at 70% and make college affordable for everybody

Im not anywhere near the super rich, but hoping this is dripping with sarcasm.

[Unregistered]

Im not anywhere near the super rich, but hoping this is dripping with sarcasm.

http://time.com/money/5496760/ocasio...te-economists/

[Unregistered]

http://time.com/money/5496760/ocasio...te-economists/

this is very sorely needed. People have to pay to fair share of taxes.

[Unregistered]

this is very sorely needed. People have to pay to fair share of taxes.

Pretty sure we all already do. Take your Socialist butt to Venezuela and enjoy! At least the soccer will be better 😜

Back to the topic at hand now please.