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Financial Planning / Paying For College

URL:  http://boards.fool.com/i-have-not-seen-any-good-source-of-this-30771939.aspx

Subject:  Re: financial aid Date:  7/11/2013  11:59 PM
Author:  spinning Number:  8046 of 8484

I have not seen any good source of this information but as a parent of two high schoolers I would love to find one. We have learned a lot by talking to other parents about what offers their older kids have gotten.

One thing that seems common is that second and third-tier private schools will give merit aid for a student who is at the top of their typical range of students. The price is that the student is going to a school that is not the best they can get into, and they may not be as challenged. The other side of the coin is that as one of the best students at the school, they may have opportunities such as internships, research positions, etc., that they may not get if they go to a school where they are in the middle of the pack. I have also heard of parents using these offers to negotiate aid packages with better schools.
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