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re: Note to Out of State Alums

Posted on 8/27/10 at 8:49 am to
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 8/27/10 at 8:49 am to
quote:

Why should the university (which has LONG been a bargain) give a handout to alums' children


I don't know how the financial support from the state actually works, let's say the base cost of 1 student for tuition if $5000. Does the state kick in $2000 per in-state student, making the amount due from an in-state student $3000? If so, then the university is losing the $2000 for each legacy scholarship? Or was that $2000 supposed to be supplied from some sort of fund, endowment, etc.? Did the design of the legacy program call for some amount of contribution from the alumni association to cover this amount?

Or does the state just contribute a fixed amount based on tax revenue, regardless of how many in-state students are there in a given semester?

quote:

when we have the smallest alumni association in the conference and everyone gives all of their fricking money to TAF and never to the school?


certainly a problem...

quote:

Smart out-of-state kids can EASILY get merit scholarships. In fact, it's insanely easy. Basically by removing the legacy aspect, we improve the incoming student bodies.


just anecdotal, but as a random observation I've made at reunions, family events, etc. I've gone back to through the years, the ones that move away typically have better educated kids than the ones that stay in Louisiana. just my opinion...
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