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U Kentucky shifting away from merit aid

OHMomof2OHMomof2 Registered User Posts: 10,164 Senior Member
The university recently said it will seek a dramatic shift in its split between what it calls institutional merit aid -- also called non-need-based aid -- and need-based aid. That split is currently 90 percent in favor of non-need-based aid. By 2021, the university hopes to skew it largely the other way, to be 65 percent need-based aid.

90% merit now vs need-based aid? I had no idea.

They're basically going to trade some wealthier high-stats students for lower income students who drop out when they can't pay.


Replies to: U Kentucky shifting away from merit aid

  • PurpleTitanPurpleTitan Registered User Posts: 9,999 Senior Member
    I think 'Bama is something like 100% merit awards vs. 0% fin aid grants.
  • saillakeeriesaillakeerie Registered User Posts: 1,672 Senior Member
    Seems to me that would be the natural progression from using a lot of merit aid to attract better students to improve the quality of the school. At some point, you would like to see the quality of the school improve such that those better students want to go there even without the merit money. No idea whether Kentucky has reached that point.
  • Ohiodad51Ohiodad51 Registered User Posts: 2,234 Senior Member
    In our neck of the woods, a fair number of NMSF students have been drawn to UK because, like Bama, they offer basically a full ride for NMSF status. I assume this announcement means a change is coming.
  • saillakeeriesaillakeerie Registered User Posts: 1,672 Senior Member
    Like any business decision (and colleges are big businesses -- whether they should be is another story), some people will like it and others will go elsewhere. Presumably the decision was made that the change is in the best interests of the school and the Commonwealth of Kentucky and its residents. More an art than science in terms of that decision. And adjustments are often made as results differ from expectations.

    But yes, I would expect they will lose kids who they would otherwise have gotten with the Patterson scholarship as it now exists.
  • SybyllaSybylla Registered User Posts: 1,457 Senior Member
    Where does the money come from in these state schools that buy high stats? Is it proven that once the money stops the effect holds? (lets just consider the full tuition type, not the smaller partials). Not just UK but U Oak and Bama? There isn't any taxpayer money in this game?
  • MYOS1634MYOS1634 Registered User Posts: 31,510 Senior Member
    Notice they want to have SIXTY FIVE percent need-based aid. Meaning there'll still be 35% merit aid. So, Honors College students and NMF's are likely safe. The small scholarships will probably go - and the merit for low-ish stats also (like the scholarships for ACT25/SAT 1200 and HS GPA 3.3). UK is likely to be either instate students (all who qualify for that level of academics will be able to attend regardless of their parents' financial means, provided they live instate) OR high stats students who'd be full pay elsewhere (few will qualify but all who do will be top-notch and will receive top-notch awards, and this will be available regardless of residency.)
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