Three years ago, I started a thread for parents who noted merit aid went up closer to May 1st and after an initial offer. But that thread auto-closed.
Anyone care to add their experience this year.
So far, I’ve read about Furman, RPI and Wooster.
@NemesisLead - maybe you can give the before and after on Furman…and anyone else that can add schools. I know Baylor was in the past thread
RPI added $4K per @beefeater . I’m not sure what the original offer was.
The list 3 years ago had these below - doesn’t mean they are the same today. But you never know - and it is more a buyer’s market I think than 3 years ago - meaning the school’s need the students more than vice versa. I’ll also note the article on Syracuse U last year which talked about many students getting huge late offers.
Thank you, tsbna44. Furman went from $42K to $48K per year, which was great. They are the only “merit school” on D26’s list that has increased their offer.
University of Tulsa originally gave D26 a $24,000/yr merit tuition scholarship. A couple of wk ago, they offered another $3000/yr off of tuition. We don’t qualify for need-based aid and D26 didn’t have a high enough SAT or ACT test score to qualify for applying for their competitive scholarship that pays for all of the ~$52k/yr tuition.
So with the extra $3k/yr off tuition, Tulsa’s tuition, room & board would be ~$42,266 for our family. Definitely not affordable. Subtract a $5500/yr student loan off of that, and that makes it $36,766/yr, not including travel expenses to go home for breaks.
D26 has 3.59 UW/4.44 GPA, attends rigorous public charter high school.
Meanwhile, University of Arizona (in state for us) gave D26 $6000 off of tuition, which means that tuition, room & board is $26,870. Add in the $5500/yr fed student loan and the total per year becomes $21,370.
So $21,370 compared to $36,766. $15,396 more per year to attend Univ of Tulsa. But if you factor in travel expenses (minimal for U of A since we can drive there in 1.5 hr vs plane ride to OK) of probably $2000-$3000/academic year, that makes the difference upwards of $18k/yr more.