51 Colleges With the Best Financial Aid

<p>I did work study all four years - was glad to have the job AND met a lot of students I otherwise would not have.</p>

<p>It’s a nice list, shame most of them are pretty much impossible to get into. And I don’t think they’re all need blind either. High need students may not get accepted at some of these colleges. The actual study referenced in the article was interesting too.</p>

<p><a href=“routledgeweb.com”>routledgeweb.com;

<p>Case Western not being on that list, almost immediately disqualifies its legitimacy.</p>

<p>Though not a direct response to the OP (as not a state university) I can say from current experience that Haverford does provide a no loan FA package. That said, Haverford’s calculation expected family contribution - and as such, of need - are still not a direct match with the FAFSA EFC (you pay more than FAFSA calculates). In our case, Haverford’s EFC was lower than Bryn Mawr and Smith by 20% and 10% respectively and had no student loans.</p>

<p>Lol Michigan.</p>

<p>Somewhat interesting news. :slight_smile: Nothing I wouldn’t expect though.</p>

<p>Loans can be good; they can allow more students to get a college education.</p>

<p>For private schools with limited endowments (most of them), requiring $5K in loans toward $50K COA means 10% more needy students can attend. Paying $20K back over 20 years is well worth the investment, IMHO. Similar for public schools, where the issue is taxes.</p>

<p>If only it were 5K that was required.</p>

<p>looks like 5k x 4 is close; </p>

<p>[Average</a> Debt for Graduating College Seniors Rises to $23,200 - The Choice Blog - NYTimes.com](<a href=“http://thechoice.blogs.nytimes.com/2009/12/02/debt/]Average”>Average Debt for Graduating College Seniors Rises to $23,200 - The New York Times)</p>

<p>UNC does use loans, but they are VERY generous.</p>

<p>They gave me 17k in grants and 7.5k in loans…and I’m an out of state student. They gave me the most generous out of state packet I’ve gotten, considering its cost of attendance is 37k.</p>

<p>No loans definitely does not exactly equal “the best” financial aid. The calculation for EFCs, especially in my experience (Upper Middle Class) is so subjective and disadvantageous for many in my economic subgroup that it has tossed out the chances of me going to a whole sector of colleges. And with the current economic situation, I really have to wonder if a lot of places are/will maintain the “need-blind” clause.</p>

<p>Not true about UNC, they did not meet my needs. I recieved no financial aid whatsoever, except for a small loan.</p>

<p>Not true for Ga Tech either. OOS, accepted as presidental scholarship finalist and only offered small grant with 32000 loans. MY EFC is less than half of those loans.</p>

<p>those average debt figures are for graduating seniors in 2008. I’ll bet average debt for entering freshmen in 2010 will be close to 30K. And that’s the average. For many high need families the combined parent/student debt will be around 50K. Unfortunately, after the schools on the list, finaid drops off sharply at most other schools.</p>

<p>Individual cases are painful :(, but not relevant when comparing averages across schools.</p>

<p>sorry to be a stickler but original question</p>

<p>“Can anyone here vouch for the state universities on this list meeting full need without loans?”</p>

<p>It seems NC doesn’t do that, I don’t know if Georgia Tech is a public or private though.</p>

<p>Work study depends on the rigor of the college, how many all-nighters it takes to pass, etc. Work study is great if all you are giving up is parties, games, etc.</p>

<p>I agree, there will be massive debt for the Class of 2014. The Ivies usually give a “full ride” but the Little Ivies and Seven Sisters will eat you up. A small grant, a federal loan, and work study and a bill for $35K every year for mom and dad to pay. There are also some insiders like the FINAID employee’s kids who are getting every scholarship. Its a business.</p>

<p>“There are also some insiders like the FINAID employee’s kids who are getting every scholarship.”</p>

<p>Where can we read about this? It should be exposed.</p>

<p>Finaid employees’ kids get scholarships??? No one told me!</p>

<p>Umm … many schools do offer tuition discounts for the kids of ALL full time employees.</p>

<p>And for those who think finaid employees’ kids get some kind of break because they get need based aid, I have news for you. We don’t make very much money, so we actually qualify for need based aid. Truly.</p>