Can someone give me the skinny on prep financial aid? All the schools talk that it's driven off income. There has to be other factors. Seeing so much discrepancy between families we know. Blue collar guy on our team makes 100 and gets 15,000 toward total. Executive guy on team makes 250 and get 45 toward total. What are all the factors?
I have been through 3 separate negotiations. There are a lot of factors. I have also had some pretty frank discussions with other coaches where we knew it was not going to work, after we found a place that it would.
Smaller schools with less money: The coach will have only so many spots he can offer where the athele will be accepted and receive what they consider to be their best aid package. These would be for "can't miss" guys from trusted programs or sources or from how much scouting they have done themselves (rare). After that it is finding guys with more to offer than just hockey or maybe where they are from etc to fit with what the school sees as important (grades) and working/negotiating to get them in for as little aid as they can need to part with until they are out.
Larger Schools - Will still most likely have the option to offer more aid, regardless of financial situation but if they are not chasing you, that is not going to happen. They will give you a solid amount based on your financial profile but most likley will not meet your need 100%, assuming you made things look worse than they are. In most cases its as much about getting you through admissions which can be tough. The coach may like your kid but if they cant make it work, they just move on to the next or look through their full pay kids to fill out thier roster.
Bigger schools have large rosters, many full pay kids sitting on the bench watching the games with parents justifying it because they get to practice with Varsity. Coaches are not honest with you, they can not be. They have to operate within a system where, if they were honest and told someone dont waste your time, they could be diciplined or fired.
Aid is often an ego thing and many are dishonest, like they are with other things in their life. They think somehow saying their kid gets more aid means they are an amazing hockey player. Funny thing is I see teams where the full pay guys run the show regardless of their kids ability. Coaches try to surround them with talent to make them appear better than they are. Great aid kids and ok full pay kids play. The rest fill in the gaps and give them rest.
Hard truth of it all is that your kid has to be amazing, regardless of aid. My son got tons of aid to go to a school where the coach didnt want him and gets the same amount, if not a little bit more where he plays. He played enough but not as much as the full pay guys and thier senior studs but a good amount. He may play more or less next season it really depends on who is coming in. Prep is exactly like every other hockey oportunity, you have to be better than the politics, meaning you have to be able to influence the game with the connected guys on the ice as they are happy to lose.
Hope this helps its hopefully enough about the aid. I still pay 20 k a year but my son is getting a way better education and loving his overall experience. Lots of time in the offseason and on campus to keep training and trying.
Definitely don’t settle for the first offer. I didn’t apply for fin aid but I know people that didn’t accept the first offer and got much more just for asking. It is supposed to be income based but other factors are number of kids, house price, other expenses medical etc.
Schools in the ISL are supposed to be all based on need. That's the league rule.
As others have said, there is certainly room for negotiation, but that obviously depends on how much the school wants your kid. Boarding schools have seen applications skyrocket the last couple of years, so some schools have people lined up to take spots that someone might not want.
Prep schools have become pay to play. If you have the money your kid will play prep. Simple as that. Multiple cases this year of boys and girls who are really talented players but didn't get the aid they needed and have to look at other routes. You going to give a kid 40 k a year on a 70k tuition when you have a bunch of rich kids or parents who are willing to borrow and go in debt and pay full price. I think not. These schools arent stupid. Money, money, money.
The prep model with the country club setting has become unsustainable save for the top 5% on up.
I have never seen the income divide get so big and purchasing power erode as quickly as it has.
Meanwhile schools keep raising tuition and everything else not immune to the (government induced) inflation either. Hockey is expensive and getting pricier.
HS hockey in the Midwest is even cheaper, like dirt cheap, and still a viable path to juniors. Lot of HS kids out of North Dakota, Minnesota, Wisconsin, and Michigan get drafted into Tier 1&2. Just need to supplement the season with before/after teams that play in the showcase events to get your kid looks. The Midwest NAHL teams all sponsor B/A teams. Even then, AAA hockey in the Midwest isn't terrible depending on the program. I know several places where it is $7500 plus billet of $350-$400 per month and the player open enrolls into very solid public schools.
Beginning to think the sport would be much, much better off if everything returned to HS hockey. Minnesota has it right. Play HS hockey and supplement with B/A teams, HS Elite League, High Performance League, etc.
The impending economic collapse facing this country will force this transition.
Bottom line...if the school likes your kid (and his game), you'll get an offer. However not all prep schools coaches have the last say, some of them are told not to not even approach admissions for a kid they want, some say: "you can have have 1 kid" who is borderline academically - depends on the school. My son is an average hockey player but a great student in terms of academics and extracurriculars (90% being sports). Of the schools he applied to it was a mixed bag of: Denial (1); Waitlist; In with zero aid and In with 60-70% aid.
The fact is...there is no formula to crack from what I've seen with my kids. If they like your kid, they'll find the money but will NEVER call it a sports scholarship.
Good luck in your quest.
If you decided that, because of how special your child is, you would not send your bender to any prep school who did not give a full, 100% paid, scholarship/aid package, despite your substantial wealth, you child's chances of going to Prep school would be substantially diminished.
In contrast, if you applied as a full pay applicant, your talented einstein/crosby bender would have a much higher likelihood of attending a Prep school.
Despite the obvious preference that everyone has to pay less, rather than more, many, many parents are willing to pay full freight to provide an enhanced experience for their child. This is evidenced by the college admissions scandal where parents paid up to $500K to bribe their kids into the college of their choice.
Talented kids are not in short supply, and neither are families who have resources they are willing to expend.
We found offers all over the place from different schools. My wife and I make good money (240). We have 2 in college and plenty of bills. Retirement is well funded. We received offers from zero to 40. We took a 35 offer to day school at an ISL school close to our house. We pay 23
ISL schools having access to other ISL school grant info doesn't seem right but I literally know nothing.
^ What? An insider at 4 different schools?
You need only do your research and ask questions about the process, like how they arrived at their grant number. Too many families take what is offered and do not ask for consideration. It might be a costly health condition, parental support, spousal support, a layoff, etc. You can even include the yearly amount your family spends on youth sports for all your kids. Everything is taken into consideration. You just have to be a willing parti****nt in the process. You know what else goes a long way? Making sure your kid reciprocates the school's interest with visits, zooms, and face to face dates with teachers, department heads, coaches, students and Alumni. If they can gauge that the family has a vested interest in the kids education and will be a willing parti****nt in the kid's years at the school then they will be more willing to accept the kid into the school and offer a decent grant.
Those Parents who want to simply sign a tuition check and drop the kid off in August, then are AWOL until May are not the kind of families they are looking to admit.
Some of you will burn countless hours online looking for "proof" to justify your flat earth beliefs but can't be bothered to research how to help your kid apply to Prep schools. Then you wonder why your kid gets waitlisted or your grant letter sucks.
But cool story bro, I'm an "insider".
Teet of govt. That says it all. Thanks for playing Q.
This is the type of donkey who follows anything Tucker spits out then calls others sheep. Lumps Prep school families into two groups, those that can't afford it but still send their kids, and those that are filthy rich and tuition is a drop in the bucket.
Both are either stupid or elitest. Stop me when I'm wrong
Life must be bliss for a simpleton like yourself.
Happy vs Mad, us vs them, Prep vs MIAA, Fox vs CNN, Fed vs E9. Am I right?
So which is it? Will your tax dollars support me? Last I checked I'm the one paying for your mommy and daddy's social security. Or are my kids destined to support me? I'm sure they'll insist on supporting me seeing as their ISL and Ivy league degrees will get them far enough to afford to... if they wanted to. Don't get mad, MIAA hockey rocks, and UMass is a decent school.
Now go eat a foot long hot dog MAGA loser.
My kid starting UMASS Amherst next year, navigated a highly rated public HS with top grades and took 7 AP classes. Is self sufficient and we never did any helicopter parenting with private tutors etc. I think they'll be ok and is already talking graduate school/possibly med school. We have plenty of financial assets & travel a lot. We plan on retiring somewhat early. I don't think prep schools mean as much anymore, the world has changed with more opportunities for the highly motivated. Go UMASS! with an extra $200k in the bank.