Quote:
Originally Posted by PVGORD
Yes, I've noticed many schools like Alabama, OU, etc are offering huge academic scholarships to bright Texas students. UT Dallas does much of the same. These schools want to change their academic reputation and use bright OOS students to help accomplish that. Some families won't pass up a free education while other students won't apply to those schools, free ride or not.
It all comes down to the type of college experience that a student wants to have. Texas is not generous with academic scholarships but it's allure is strong. Students that get in are happy to pay to be part of it.
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THIS. Way back in 2008 when I graduated in the top 10 of my 600+ student class, I was offered a spot in in the UT class of 2012 thanks to the 7% rule. I declined my spot due to lack of financial aid. I was offered a measly $4000 academic scholarship spread over 4 years and a one time $500 grant for my freshman year. I instead chose to attend a small, Jesuit college in the northeast that offered me a 90% tuition scholarship. The amount of student loans I wound up taking to cover my room and board the first two years (my campus had a 2 year live in requirement) and the remaining 10% of tuition were less than the amount I would have had to shoulder for an education at UT. For me, it was not worth it financially to shoulder that much debt for a public education. Had I been offered more aid, I may have considered attending.