Rice, Tulane, Vanderbilt, UT-Austin...
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@LuFins-Dad said in Rice, Tulane, Vanderbilt, UT-Austin...:
[1] Waiving the out of state tuition is a slap in the face to your actual in state students and their families. An out of state student being given grants by the school that would equate giving in state tuition is more palatable.
The in-state tuition is an agreement made between the school and the state. Offering that to any out of state student is a breach of that agreement and that trust. [2] Just give them a scholarship and avoid the hassles.
The two ways of doing this are financially equivalent, yet one hits a nerve while the other is considered palatable. I suppose that's human nature for 'ya.
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@Axtremus said in Rice, Tulane, Vanderbilt, UT-Austin...:
@LuFins-Dad said in Rice, Tulane, Vanderbilt, UT-Austin...:
[1] Waiving the out of state tuition is a slap in the face to your actual in state students and their families. An out of state student being given grants by the school that would equate giving in state tuition is more palatable.
The in-state tuition is an agreement made between the school and the state. Offering that to any out of state student is a breach of that agreement and that trust. [2] Just give them a scholarship and avoid the hassles.
The two ways of doing this are financially equivalent, yet one hits a nerve while the other is considered palatable. I suppose that's human nature for 'ya.
Not equivalent at all. Words have meaning.
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Financially equivalent.
Emotionally not equivalent (at least not for you, @LuFins-Dad). -
@Axtremus said in Rice, Tulane, Vanderbilt, UT-Austin...:
Financially equivalent.
Emotionally not equivalent (at least not for you, @LuFins-Dad).They aren’t financially equivalent, either. There are tax implications, for one. Second, being able to show that you were a grant or scholarship recipient can have a positive impact on graduate school or job applications. Finally, a scholarship or grant can add a level of scholastic accountability and responsibility to that student. Just giving them a lower tuition rate does not.
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@LuFins-Dad said in Rice, Tulane, Vanderbilt, UT-Austin...:
@Axtremus said in Rice, Tulane, Vanderbilt, UT-Austin...:
Financially equivalent.
Emotionally not equivalent (at least not for you, @LuFins-Dad).They aren’t financially equivalent, either. There are tax implications, for one.
Would love to learn more about these "tax implications" if you care to elaborate. I am under the impression that, at least for federal taxes, the calculation is based on how much you actually pay out of pocket, rather than whether you get a smaller bill to begin with or your bill was reduced by grants or scholarship.
Second, being able to show that you were a grant or scholarship recipient can have a positive impact on graduate school or job applications.
Does not appear to me employers and graduate school admission offices are so gullible as to believe that somehow merit based "grant" is better or worse than merit based "reduction of tuition." But I will be happy to reassess if you provide statistically significant data to show otherwise.
Finally, a scholarship or grant can add a level of scholastic accountability and responsibility to that student. Just giving them a lower tuition rate does not.
Again, it's simple enough to formulate the rules such that eligibility to maintain "tuition reduction" uses the same standard as eligibility to maintain "grants." But I will be happy to reassess if you provide statistically significant data to show otherwise.
All that said, I am in favor of simply using the "grant" approach/terminology because the accounting mechanism is already there and the idea/terminology is commonly understood.
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The main lack of equivalency I see is the fact that the state government subsidizes the school to allow in-state tuition to be lower.
So the school would actually be getting less revenue for the out of state students if they had the same out-of-pocket cost.
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@jon-nyc said in Rice, Tulane, Vanderbilt, UT-Austin...:
So the school would actually be getting less revenue for the out of state students if they had the same out-of-pocket cost.
But you'd be getting students that might not attend, otherwise.
Economy of scale, especially in internet classes?
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Most universities are running at capacity already. You aren’t adding on more students.
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LSU Freshman class is 7500 students. They received 38,000 applications. They are at capacity. Economy of scale doesn’t play a part.
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Now, if you want to compete for some particularly bright engineering students, which sounds more appealing. “You can attend for a discounted rate of $12K tuition plus room and board”, or “We will give you a $16K per year scholarship!”