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The only government subsidies that are worth anything are Pell grants and they phase out well below 150k. Also, they are limited to like 6k a year, way less tha
by rhino369 11y ago
The only government subsidies that are worth anything are Pell grants and they phase out well below 150k. Also, they are limited to like 6k a year, way less than your 150k family can kick in.
The elite private schools have a similar formula that sort of screws over these people. But you have no right to an elite education. Just go to Berkeley instead of Stanford or UVA instead of Duke.
- gtrubetskoy 11y agoHaving had a kid accepted to UVA, UChicago and UC Berkely this year and being a resident of VA, I can tell you that board and tuition at UVA are still over 30K even for in-state. UChicago (a private shool) was the only one that gave a (quite generous, actually) merit grant.
- rhino369 11y agoOver 30 for in state seems too high. Tuition was 10k-12k 2 years ago. http://admission.virginia.edu/admission/tuition http://admission.virginia.edu/admission/tuition But congrats on your kid getting a merit scholarship at U of C. That's great and I'm sure you are very proud. I went of school and U of Illinois and Northwestern so I'm supposed to hate U of C, but it's a great school.
- gtrubetskoy 11y agoTotal yearly cost of attendance is $32,944 ($62K out of state) for School of Engineering to be precise: http://sfs.virginia.edu/cost/15-16 http://sfs.virginia.edu/cost/15-16 And thank you!