(The following has been updated for 2019.) Merit scholarships from colleges aren’t simply a way for schools to reward students for accomplishments, it’s part of the supply and demand of paying for college. Colleges use merit aid as a way to increase the supply of “accomplished” students at their schools. This is why the most competitive colleges … Read more
Think because you’re a miserable test taker, you don’t have a chance at merit aid? Maybe not. If you’re willing to step away from the limelight of prestige and top 50 college rankings, you can find some excellent opportunities among the growing number of test optional colleges. With just a little digging into the data, … Read more
As I work with college data, I learn about different variables and add them to my data sets. I also occasionally create a variable to more accurately capture a concept or value that I think is important when trying to figure out how much college will cost. This is why you’ll see multiple posts on … Read more
Merit aid refers to college awarded financial aid that is not based on financial need. The most commonly recognized form of merit aid is the scholarship. Scholarships may be awarded for academic skills or achievements based on talents such as athletic, artistic, or leadership. Other types of merit aid include tuition waivers or institutional grants … Read more
Share 0 Tweet 0 Share 0 Pin 0 Comprehensive College SpreadsheetStart Comparing Colleges!For the cost of a single college application you could be using your college spreadsheet to find colleges with the best financial aid possibilities rather than looking up the data from websites to enter. Requires Excel or Google Sheets. Only $24! BUY NOW! … Read more
(Skip to the end to see the list of 248 colleges that take a 3.0 GPA or less.) You can go to a four-year college with less than a 3.0 GPA. There are a number of colleges that are open admissions meaning that they will admit anyone who meets their minimum standards. This can mean … Read more
By no such thing as Harvard Scholarships, I mean no such thing as Harvard Merit Scholarships. So if you’re thinking you’ll be able to pay for Harvard based on your kid’s academic qualifications (after all, they were good enough to get into Harvard) you need to think again. The reward for your student’s amazing accomplishment … Read more
In a previous post, I defined Expected Family Contribution (EFC), how it works theoretically, and what happens in the real world. For many families, the difference between theory and practice is irrelevant since their EFC (with changes to financial aid, soon to become the Student Aid Index) is much higher than their actual ability to pay. There … Read more
(Updated for 2023) If you want to get any financial aid, you need to submit college financial aid applications such as the FAFSA and PROFILE. This is obviously a critical step: no application, no aid. But if you want to pay less for college, it certainly isn’t the first step. The fact is that the FAFSA … Read more