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Re: College decision finally made

Posted: Mon Jul 17, 2017 7:53 am
by McLeansvilleAppFan
Overall inflation was right at 0.1% in 2015 according to a website I looked at. So the Fund grew a bit more than inflation, though I am not sure how much was investment or growth through giving.

I don't have any easy to find numbers for App State specifically (though I could access my daughters account I guess if anyone REALLY wants some hard numbers) but college costs on average have been rising around 3% a year for most colleges but has been as high as 5%. At best the fund is barely keeping pace with costs and most likely it is slipping a little behind.

Hopefully, everything I am posting is moving people to give or give more to the Appalachian Fund. It is a bit depressing to be honest, but not futile and something that makes for a call to action more than a giving up.

On a final note my oldest did get a small merit scholarship for the coming year. I am not sure of the funding source be it from Appalachian Fund or NC Lottery proceeds but happy to have the grant.