Parents of the HS Class of 2017 (Part 1)

@IABooks Congrats on S17’s official NMF notification.We are still waiting. S17 has been sick so not in school yesterday so I don’t know if they received the letter with the list or not. I agree NMSC is causing drama dragging this out. No reason to mail it to schools and then wait 7 days to put the notices in the mail to the students.

@Mom2aphysicsgeek Is that Berkeley acceptance for whom I think it is? Oh my goodness, heading to check that out.

@WhereIsMyKindle Yes! I’m so happy for them.

@Mom2aphysicsgeek I just cried all over my kitchen after reading her news. I think dh understands lol

@srk2017 Woot! Woot! The bs/md process is truly a lottery so it is wonderful that he is feeling the love and acknowledgement from some other awesome schools!

Happy Saturday to all!!
I woke up to so many posts of good news.
Congrats to @STEM201,@Fishnlines29, @Fishnlines29 and @Collegecue on UF- Amazing!!
@Ynotgo and @srk2017 impressive on Cal and Regents good luck!!
@srk2017 on UCSB the good news keeps coming!!
Congrats on the NMF @IABooks!!
Congratulations to @CA1543 and @TearsnJoy on WPI!
I know I missed people so please forgive me

Welcome @jesse’sgirl!!

Love all the support everyone has for the posts on this thread.lots of good information here.I have a D17 last kid to send off to college. Good stats and accepted to 1st choice.
I am curious to see what everyone here thinks a good need based package from a $65,000+ school would be? I do realise that what people would consider good depends on what a familys EFC is. Just interested to see what the parents here would consider a good affordable package.

Congrats to all receiving the goods news. Support to any background delays or redirects. This really really did explode last evening.

Or as the kids today say, “Well, that escalated quickly!”

Congrats on all of the new acceptances and scholarships! How exciting for everyone! I love reading everyones updates!

@botcom – welcome to our board!

That’s a super loaded question. It would depend on the budget. Was the offer close to what you were expecting?

We have a high EFC and can’t and wouldn’t pay it. So D did not apply to any of those schools.

Exactly @carachel2!! My response would be about 1/3-1/2 of what they actually expect!

@botcom From the very beginning of this journey I have always used the COA of our in-state public option as the benchmark. It is a very high hurdle and tough to beat.

@STEM2017 - yep. That was kind of our line in the sand too. So that’s around $27-30,000 this year. We told her if she was within 2-3k of that we were fine with it.

There is absolutely NO way any of the schools like Harvard, Yale etc etc were going to come in that low for us-- which is why she didn’t even apply. Why bother?

Our line in the sand is in state flagship plus a little bit but not much. Which actually went down in price this year.

@botcom Very loaded question! We are full pay and will be paying full pay. Everyone has their own personal situations and priorities. Only you and your family can decide that one.

Our efc is Harvard+

So no Harvard for her.

@VickiSoCal :))

@botcom Welcome! A good need based package is one that meets your financial need and makes the school a viable option. What that number is will be family specific. I would imagine there are other factors that come into play because, for example, a school that is giving slightly less FA may be the better option if it is not across the country which will cost the family more in expenses to travel to/ from. Same analysis one has to make if it’s merit aid really.
Also, I think the $65K+ is looking closer to $68 - 71K for 2017-2018 COA.

@botcom - Our line in the sand is around the COA of our in state public option with our states Hope scholarship. So no more than 16 or 17K per year… IMO the only “good need based package” is one that allows a family to afford it without parent loans.

@botcom near what choice numbers 2 and 3 might be, if they are less. In our situation D17’s number 1 choice is in that 65K range and would have to be close to 45K for us to consider. (between FA and merit).