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Schools known for good merit aid

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Replies to: Schools known for good merit aid

  • menloparkmommenloparkmom Registered User Posts: 11,912 Senior Member
    Stanford, like HYP, does not award merit scholarships.
  • DungareedollDungareedoll Registered User Posts: 911 Member
    Stanford doesn't have merit aid but their finaid is stellar. Now if you make 100K or less its full tuition and room and board and if you are 125K to 101K its full tuition. Then if you make more than 125k its a portion of the the COA.

    Tulane has fantastic merit aid. Its on a rolling basis. So the faster you get your applicAtion in the easier it is to get money.

    Loyola MD, Loyola Chicago, Loyola Marymount all give high 20's to low 30's per year

    George Washington also gives out upper 20k's
  • Cubanmom3Cubanmom3 Registered User Posts: 86 Junior Member
    Congrats AGAIN on all your Ds accomplishments.
    I have a question about the 2 full tuition WashU scholarships your D was awarded.
    My D17 received a full tuition Rodriguez scholarship and I had the opportunity to meet with several people from the office of scholarships and admissions and was told that even when students apply to several scholarships they only receive one full tuition scholarship.
    Is there one I don't know about?
  • rerunagainrerunagain Registered User Posts: 419 Member
    Good question, @Cubanmom3 --- @LoveTheBard
  • momofsmartdancermomofsmartdancer Registered User Posts: 258 Junior Member
    @homerdog
    Also, they assume your house is worth a certain amount; when I ran the calculator I think it was higher than just about every other private school I looked at. I called and verified with their financial aid office that they had calculated that our house was worth way more than it was, based on some program they use that assumes yearly appreciation at a certain rate. Unfortunately, our house has not appreciated at all in 20 years :(.

    Overall, they more heavily count your home value than most other schools. I sarcastically asked the financial aid person if they expect people to sell off their homes. Although he avoided answering, I do think the answer is yes.




    "@cag60093 Northwestern does not give merit aid. If you received a scholarship from them, it was based on need."
  • SwimmingDadSwimmingDad Registered User Posts: 178 Junior Member
    Was reading through this thread (son number two is a junior in hs so we are thinking a lot about money). We started having the money talk with our kids in 9th grade. They understand it is the last piece of the admissions puzzle. I created a spreadsheet that lists the cost of attending (gross price), then any aid, and then a net price. I then have a final column that multiples that by 4 years. (I didn't try to estimate the increase for this purpose.) For my oldest, it was eye opening. That $10K was suddenly $40K which seemed even larger to him. Note that this spreadsheet also included all of his criteria (e.g, in a city, good economics program, good running program, etc.). It was incredibly helpful.
  • 3scoutsmom3scoutsmom Registered User Posts: 4,393 Senior Member
    @swimmingdad for cost on your spreadsheet I hope you include cost of transportation and cost of living in different places when looking at the money picture.
  • LoveTheBardLoveTheBard Registered User Posts: 1,325 Senior Member
    @Atyraulove - I only listed merit aid awards. My D got a small amount of FA from HYP and S, but a drop in the bucket compared to the COA.

    @Cubanmom3. @rerunagain - The maximum amount of merit that Wash U offers is full tuition. You can, in some cases, be awarded more than one full tuition scholarship, but they don't stack, so you still end up with full tuition. Vandy does similarly with their "named" scholarships (my daughter got both the Chancellor's and the Cornelius Vanderbilt).

    Wash U.'s university-wide named scholarships (e.g., Rodriguez, Ervin, Danforth) can be "combined" with with school-specific scholarships Honorary Scholarships (e.g., Lien for Social Science; Moog for Biological Sciences; Mylonas for Humanities; Compton for Physical Sciences) or they can be combined with scholarships in the Arts (Conway/Proetz), writing (Nemerov), etc. Again, the maximum you can get is full tuition (sometimes with a stipend, as is the case with the Rodriguez, which offers a $2,500 stipend). All of these scholarships require separate applications and finalists need to go to campus for a few days for interviews, etc. (If you're being considered for more than one scholarship, your time is split between/among them.)

    This is what WashU says about the Rodriguez:
    Multiple full-tuition scholarships with $2,500 stipends; Multiple partial-tuition scholarships
    Rodriguez applicants may apply for other Academic Scholarship & Fellowship Programs that match their interests.
  • SwimmingDadSwimmingDad Registered User Posts: 178 Junior Member
    @3scoutsmom I actually created my own "student budget"beyond what the schools said. For instance, some schools had a student spending less than $50 per month....which means a kid couldn't meet their coffee and pizza budget let alone beer. :-)
  • SnowflakeDogMomSnowflakeDogMom Registered User Posts: 87 Junior Member
    My DD picked up $32k from Hofstra but the balance is still way too high, she is negotiating.

    She has been awarded Tuition and housing for 8 semesters at University Alabama Huntsville.

    34 ACT
    4.76 Weighted
    IB course with some AP thrown in.
  • menloparkmommenloparkmom Registered User Posts: 11,912 Senior Member
    "She has been awarded Tuition and housing for 8 semesters at University Alabama Huntsville.

    34 ACT
    4.76 Weighted
    IB course with some AP thrown in. "
    Congratulations!!!
  • glidoglido Registered User Posts: 5,683 Senior Member
    DD just got a very nice merit award from Arizona State. It covers most of tuition, but no housing.
  • nymother1996nymother1996 Registered User Posts: 8 New Member
    Does University of Arizona give merit aid scholarships? Or University of Miami? My daughter is interested in these schools, she will be an out of state student.
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