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The best schools I have come across for merit aid are:
U of Miami
Tulane
Case Western
To say that Emory, Wash U., and Vanderbuilt gives excellent merit aid is rediculous. Not only do applicants have outstanding scores to get in, but they must be "ivy quality" students to receive the small number of these scholarships.
In contrast, the three universities I have named give scholarships to a vast majority of the student population. Take myself for example. I have the stats for about the cutoff for the top 25%. At each of these universities I received merit based scholarships worth over 20K and the final cost at about 17-18k. That is an excellent deal since I only qualify for about 2k in financial need (which will probably be given to me in loans).
Also take into the quality of the institution. Case, Tulane, and Miami are top quality schools (Regarded much more highly than the colleges others are stating - Grinnell, Holy Cross, American, etc.)
Of course, the best education you can get for the price is at your state university where there are merit scholarships like the lottery that make the total cost relatively miniscule.
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