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Old 10-13-2009, 09:00 AM   #681
mom2collegekids
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Join Date: Sep 2009
Posts: 9,406
>>> Yes, Grinnell offers great merit aid, but it is $10,000 a year. To nearly every kid that has above certain gpa/scores. When total cost is $44,000 that 10g is not a big help.
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I agree... but I don't like the words "Good Merit" being used to describe a merit award that only covers less than 25% of costs. Such an award is "helpful," but it's not going to impress me because it almost seems to be a "gimme" for schools to do for students they want.


The words "Good Merit" should be used to describe merit that covers at least half of tuition.
"Great merit" should describe merit of "full tuition".
"Best merit" should be used to describe merit of "tuiton plus" or a full ride.
For anything less, perhaps the term "helpful merit" should be used..

When someone posts that they need a lot of merit money for private U, it's a bit nutty when some suggest schools that only give $10k per year for high stats and call it "good merit."

Maybe I'm wrong, but usually when someone posts that they need a lot of merit $$, it means that they have a high EFC that their families cannot pay, therefore they need at leats "full tuition" merit offers suggested to them to cover their college costs.

It's been my experience that when people just need - say - $10k per year in merit, they say so. They'll say something like, my parents can spend $25-30k per year, but I need more.
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