• You do not need to register if you are not going to pay the yearly fee to post. If you register please click here or log in go to "settings" then "my account" then "User Upgrades" and you can renew.

HuskerMax readers can save 50% on  Omaha Steaks .

Recruiting Speed...2019--Johnson (N), Nance (N), Anderson; 2020--Maessner Commits to Princeton


Need based financial aid is it

They offer neither academic or athletic scholarships
I remember someone I went to school with (several grades after me) got a full ride to Harvard for academics. That was several decades ago, so maybe things have changed. Or maybe it was strictly need based.
 
I remember someone I went to school with (several grades after me) got a full ride to Harvard for academics. That was several decades ago, so maybe things have changed. Or maybe it was strictly need based.

Most of them basically charge on a curve. If you are anywhere near lower income, you can go there with a big chunk of the cost paid by the University. The full ticket price is set to maximize the cash they take from high income parents and from student loans, etc.

Getting in is the hard part. Once you're in, then they can be generous in making sure you can figure out how to pay for it. University of Chicago was/is particularly good about that. Last I looked it up, over 60% received grant aid there, and the average was over 38K
 
With one thing to think about. Stanford offers Schollies but last I knew most Ivy league schools do not.

Eh, yes and no. The Ivies don't officially offer athletic scholarships, but they have millions of dollars in endowments that are available for various "leadership grants," which just happen to be distributed to those who go out for sports. It's a facade, and it's hypocritical, but they can pat themselves on the back for NOT buying into the high dollar grubby business of D1 college football while basically doing the same thing with a different label. Ben Sasse received grants from Harvard that related to him going out for wrestling, and he got some sort of slight bump for trying out for football. He wasn't special in that regard. It's the norm as long as you're not from a wealthy family.

They offer neither academic or athletic scholarships
That might be true for some schools--I'm not sure--but I'm not aware of any major U.S. university that doesn't offer academic scholarships. Some don't offer full scholarships, but these things are often a shell game where what looks like a scholarship in practical terms is called a "leadership grant" or something similar. A lot of these universities--pretty much all Ivies, plus Stanford, Duke, University of Chicago, Johns Hopkins, et al.--don't need to charge tuition at all, but they typically charge tuition from those who can afford it. They often charge incredibly high rates of tuition because they can, and because people are willing to pay for it. That revenue gets shuffled around to cover those who don't pay, but it's almost all surplus, regardless.

Most of them basically charge on a curve. If you are anywhere near lower income, you can go there with a big chunk of the cost paid by the University. The full ticket price is set to maximize the cash they take from high income parents and from student loans, etc.
This is spot on. Even local private schools do this. The colloquial term used for those students who are wealthy enough that they don't qualify for any grants, etc., is that they're "paying full freight." Foreign students and marginal students from wealthy families pay full freight. Because Pell grants and Stafford loans are based on a combination of the price of tuition and the ability to pay of the student (and student's family), there is a perverse incentive to jack up the rates as high as possible so as to rake in as much money as possible. Whenever the Pell or Stafford numbers go up (meaning what can be paid per year per student), coincidentally the universities and colleges jack up their rates by almost the exact same amount.

Getting in is the hard part. Once you're in, then they can be generous in making sure you can figure out how to pay for it.
This is also true, but this varies by background. When I taught in Kabul, my Afghan students were put to the front of the line for grants, etc., that were simply not available to a middle-class American student. Vice versa, Harvard and other Ivies have a disproportionate number of Korean, Taiwanese, Singaporean, and Chinese students because a) they got the necessary scores on their SATs to qualify, and B) their parents are able to pay full freight. Wealthy international students are the cash cow that keeps on paying private universities, and they're a major reason why the prices keep going up ... for them at least.

Back to my Afghan students, the first graduating class from the American high school in Kabul had an Afghan female valedictorian who was incredibly smart and hard-working, and her test scores were home runs. Because of the combination of her being female and from such a difficult culture/society/country, she had her choice of universities to attend in the U.S. for free. Most public universities had limits as to what they could offer, but the private schools didn't. Due to a combination of proximity to people she knew (local Afghans living in the school's area) and the full scholarship+ that she received, she ended up going to the University of Richmond for free (and even earned some stipends). The University of Richmond officially has not ever given a full-ride academic scholarship before, but they wanted her that bad. She graduated magna cum laude with majors in economics, German, and something else, which was what everybody wanted.

Ben Sasse repeatedly referred to his admission to Harvard as being part of their "hayseed scholarships" for people from what they now call "flyover country." His grades, test scores, etc., were off the charts, but he probably wouldn't have been admitted if he had identical scores, etc., but grew up in Connecticut in a family that made $250,000 per year. I pick that income on purpose because it's too high to receive aid, and too low to likely be a potential big donor.

I was working at a private college in the region when they went through the process of dropping down from D2 to NAIA so that they could increase revenues through athletic scholarships. If that seems counter-intuitive, it's because you assume that everybody else is logical and makes wise decisions regarding money; you're adorable. Schools jack up their rates so that they can then offer meaningless small scholarships to student-athletes who want to be able to brag to their friends that they're "on scholarship" at such-and-such university. It's kind of like how it seems like everybody comes back from a trip to Vegas talking about how they didn't lose any money, yet those casinos keep getting bigger. The school where I was working raised their tuition by $8,000 but then began offering a mind-numbing number of $5,000 partial scholarships for every sport imaginable (including their newly minted competitive dance team), and new students lined up like sheep to be fleeced. Think of it as a vanity scholarship: Mom & Dad get to brag that little Jimmy is on scholarship at Cooler Than U, and they pay a few thousand dollars extra for the privilege of saying so. Welcome to America.

That's how the sausage is made.
 



Majority of population if they can get into Stanford can go for free. They cover tuition below a pretty high income level. Unsure if what that does for room and board. My oldest is going into 6th so I am staying ignorant about college and it’s costs for awhile longer.
 
Eh, yes and no. The Ivies don't officially offer athletic scholarships, but they have millions of dollars in endowments that are available for various "leadership grants," which just happen to be distributed to those who go out for sports. It's a facade, and it's hypocritical, but they can pat themselves on the back for NOT buying into the high dollar grubby business of D1 college football while basically doing the same thing with a different label. Ben Sasse received grants from Harvard that related to him going out for wrestling, and he got some sort of slight bump for trying out for football. He wasn't special in that regard. It's the norm as long as you're not from a wealthy family.


That might be true for some schools--I'm not sure--but I'm not aware of any major U.S. university that doesn't offer academic scholarships. Some don't offer full scholarships, but these things are often a shell game where what looks like a scholarship in practical terms is called a "leadership grant" or something similar. A lot of these universities--pretty much all Ivies, plus Stanford, Duke, University of Chicago, Johns Hopkins, et al.--don't need to charge tuition at all, but they typically charge tuition from those who can afford it. They often charge incredibly high rates of tuition because they can, and because people are willing to pay for it. That revenue gets shuffled around to cover those who don't pay, but it's almost all surplus, regardless.


This is spot on. Even local private schools do this. The colloquial term used for those students who are wealthy enough that they don't qualify for any grants, etc., is that they're "paying full freight." Foreign students and marginal students from wealthy families pay full freight. Because Pell grants and Stafford loans are based on a combination of the price of tuition and the ability to pay of the student (and student's family), there is a perverse incentive to jack up the rates as high as possible so as to rake in as much money as possible. Whenever the Pell or Stafford numbers go up (meaning what can be paid per year per student), coincidentally the universities and colleges jack up their rates by almost the exact same amount.


This is also true, but this varies by background. When I taught in Kabul, my Afghan students were put to the front of the line for grants, etc., that were simply not available to a middle-class American student. Vice versa, Harvard and other Ivies have a disproportionate number of Korean, Taiwanese, Singaporean, and Chinese students because a) they got the necessary scores on their SATs to qualify, and B) their parents are able to pay full freight. Wealthy international students are the cash cow that keeps on paying private universities, and they're a major reason why the prices keep going up ... for them at least.

Back to my Afghan students, the first graduating class from the American high school in Kabul had an Afghan female valedictorian who was incredibly smart and hard-working, and her test scores were home runs. Because of the combination of her being female and from such a difficult culture/society/country, she had her choice of universities to attend in the U.S. for free. Most public universities had limits as to what they could offer, but the private schools didn't. Due to a combination of proximity to people she knew (local Afghans living in the school's area) and the full scholarship+ that she received, she ended up going to the University of Richmond for free (and even earned some stipends). The University of Richmond officially has not ever given a full-ride academic scholarship before, but they wanted her that bad. She graduated magna cum laude with majors in economics, German, and something else, which was what everybody wanted.

Ben Sasse repeatedly referred to his admission to Harvard as being part of their "hayseed scholarships" for people from what they now call "flyover country." His grades, test scores, etc., were off the charts, but he probably wouldn't have been admitted if he had identical scores, etc., but grew up in Connecticut in a family that made $250,000 per year. I pick that income on purpose because it's too high to receive aid, and too low to likely be a potential big donor.

I was working at a private college in the region when they went through the process of dropping down from D2 to NAIA so that they could increase revenues through athletic scholarships. If that seems counter-intuitive, it's because you assume that everybody else is logical and makes wise decisions regarding money; you're adorable. Schools jack up their rates so that they can then offer meaningless small scholarships to student-athletes who want to be able to brag to their friends that they're "on scholarship" at such-and-such university. It's kind of like how it seems like everybody comes back from a trip to Vegas talking about how they didn't lose any money, yet those casinos keep getting bigger. The school where I was working raised their tuition by $8,000 but then began offering a mind-numbing number of $5,000 partial scholarships for every sport imaginable (including their newly minted competitive dance team), and new students lined up like sheep to be fleeced. Think of it as a vanity scholarship: Mom & Dad get to brag that little Jimmy is on scholarship at Cooler Than U, and they pay a few thousand dollars extra for the privilege of saying so. Welcome to America.

That's how the sausage is made.

Ivy League Schools do not offer academic scholarships
 
Ivy League Schools do not offer academic scholarships
I've had former students go to Harvard, Princeton, Cornell, and Dartmouth on academic scholarships. They may not have been called that, but they went to those schools, and those schools gave them huge chunks of financial aid to attend there because they fit a minority profile and had high academics. Without the high academics, they don't get in. You can call it whatever you want.
 
I've had former students go to Harvard, Princeton, Cornell, and Dartmouth on academic scholarships. They may not have been called that, but they went to those schools, and those schools gave them huge chunks of financial aid to attend there because they fit a minority profile and had high academics. Without the high academics, they don't get in. You can call it whatever you want.

They have need based financial aid they do not offer academic scholarships. That's what I am calling it. Go look it up.

Legacy kids get in it could be argued at times who do not have high academic grades etc. Part of the deal

Anyway good discussion
 




Go look it up.

giphy.gif
 
They have need based financial aid they do not offer academic scholarships. That's what I am calling it. Go look it up.

Legacy kids get in it could be argued at times who do not have high academic grades etc. Part of the deal

Anyway good discussion

But the academics are why they get the scholarships. So whatever they call it, that's what it is. Same with athletic scholarships (even though they aren't athletic scholarships, wink wink)
 




I hope he is getting some type of financial help. $150,000 for a four year degree would be outrageous.
If his family's income is middle class or lower (say $100,000/year), he will pay very little for the actual costs of school. Princeton still requires undergrads to stay in the dorms for all four years, so that will also be mostly covered. There will still be a lot of expenses for everyday college life that he would have to cover, but it would be roughly the same as those same expenses if he had to travel across country to attend a Vo-tech school. If he's being recruited with the expectation that he'll play football--which appears to be the case--there will be grants tied to that as well, and those aren't necessarily tied to family income/ability to pay.

He's going to get a very sweet deal.

Keep in mind that all of the above is based on the assumption that his family's household income is not much above the median.
 

GET TICKETS


Get 50% off on Omaha Steaks

Back
Top