The Record article on College financial aid policy is excellent. Kudos to reporter Lauren Bender ’15! Let’s spend four days discussing it. Many of my comments will appear critical but I am aiming for constructive criticism. This is one of the best Record articles of the last several years. Day 3:
One of the programs that promotes economic diversity at the College is the College’s relationship with QuestBridge, an organization that helps match low-income students with colleges and universities. QuestBridge scholars who are “matches” have their tuition for all four years paid for by the college. There are usually around 10 or fewer matches in each class year.
Alejandra Moran-Olivas ’17 is one such match scholar. “If you’re a match scholar, you have a full ride for all four years, regardless of any changing financial need,” she said. “For people that are not matches, it just depends on their financial need.”
Whoa! I never knew that. Did you? Has it been reported in the past? In essence, Questbridge students have a much better deal than non-Questbridge students. Perhaps this helps to explain why Harvard refuses to participate in Questbridge. Bender should have pushed harder on this point, quizzing financial aid officials at Williams about the basic unfairness of such a distinction.
Consider two students, both from poor families, one admitted via Questbridge and one not. Both get full rides their freshmen year. Then both suffer the loss of a grandparent, whose modest house is sold as part of the estate for $100,000. The Questbridge student still gets a full ride sophomore year. The non-Questbridge student does not. The College expects her family to spend around 1/3 of their post tax income. So, even though they are dirt poor and expect virtually zero income in future years, the College will want a bunch of money this year.
Conclusion: Tell every poor but smart 17 year-old you know to sign up for Questbridge. It can’t hurt and it might help a great deal.
Jonathon Burne ’17 is another match scholar. He served as liason between QuestBridge and the College last year.
“The difference between a match scholar and a non-match scholar isn’t drastically different, except that the match family has to have an estimated family contribution of zero,” Burne said. “If a family can contribute even 400 dollars, they’re automatically disqualified from match. So most Quest Scholars aren’t in the situation where they will need to take out loans.”
Interesting. It would be great to get more details. Googling around, I don’t see this stipulation on the Questbridge website. (Pointers welcome.) Bender could write an article with all the under-publicized/secret details about the Questbridge process because she, obviously, has access to some excellent Williams sources. Lots of people, inside and outside of Williams, would read that article.
Moran-Olivas said that her experience with financial aid at the College has been extremely positive. The only contribution she is required to make is the $1000 required of Quest scholars each summer.
“I’ve been fortunate enough to find jobs during the summer,” she said. “I try to earn as much money as possible to pay the contribution. So far, I’ve only been at home while I work, so my mom can still support me while I work.”
We need more than anecdotes. Why not conduct a student survey?
Burne also said that his experience with financial aid had been positive, but added that the College might do more to clarify the process for low-income students.
“The financial aid process is somewhat ambiguous,” he said. “Most of us have never had to deal with these kinds of bills, or huge amounts of money. It’s complex and not very easy to understand. Maybe they could do more work to present it in a more accessible way.”
Never assume that the College, or any large institution, is your friend. The College is not your friend. The College does not, necessarily, want to make things clear or “easy to understand.” The College actively misleads you about all sorts of things, especially things related to admissions.
In this particular case, the lack of clarity could be a simple oversight. Maybe Williams wants students like Burne to better understand the process. But Williams has had decades to better explain the process. Williams is run by very smart people. Where is the web page that you would point students like Burne towards? This isn’t it.