Sadly enough, I have another 8 weeks of vacation/sick leave saved up that doesn't expire. I keep it as my short term disability policy. And, I'm not counting on those scholarships. Mine don't seem to be motivated at school. Maybe they will find something as they get older.
Here's is my DVC analysis. As for AKV, 100 points gets you a week in a studio room, standard view for most of the year except for Christmas/Easter weeks, and 6 nights during the summer months. Here is the math from my BWV contract. We paid $67 per point for 100 points, and with closing costs, let's go with $7500 at the end. We purchased outright and now have $570 a year annual dues. AKV is cheaper currently in dues I believe.
I know that we will be going to WDW each year for the next 10 years (until I retire) less I win the lottery, then I'll live there. So, in 10 years, BWV cost 7500 + 10 X 570 = $13,200. For the same week at the All-Star Sports during the same time of year, the cost (room only) is $1305 a year. So, in 10 years at All Stars, 1305 X 10 = $13,020.
Annual dues will go up, but will Disney prices. Discounts will be offered as well as Disney incentives. So, the final answer is - for $180, would I prefer to stay at the All-Star Sports resort or the Boardwalk villas? I think everyone on here knows the answer from my perspective. Then, after those 10 years are up, I get another 20 years of vacations at the Boardwalk as the contract expires in 2042. And, with BWV just like AKV, depending on the time of year or if you stayed in the value or standard view for stays, you have leftover points for additional stays.
My conclusion is that DVC is NOT a good investment and it does NOT save me any money. I just make more trips there and spend more $. DVC allows me to stay in nicer resorts that I otherwise wouldn't have, and it let me take more vacations there. And, i can get a 1 BR with those points every other year, which is even more awesome. Still, the final cost determination included that we vacation there every year and that there were no financing charges. With a smaller contract, larger room size or going every other year, those time frames may be different.
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