A bit of advice

cptofthehouse
Sat, 19 Mar 2011 20:13:15 +0000

It depends on the school. The averages give you some idea, but it still can vary from person to person. If you are an above average candidate,usually, it would mean that about 80% of your need would be met. The college website rarely has those stats. College board does as does USNWR in their financial aid section for that particular college. But averages do not always translate to individuals. There will be folks who get 100% of need met, and some who get less. Have you gotten your financial aid package yet? If the merit award is truly that, you might still be up for some financial aid. That would include some PELL money for sure and most likely some subsidized Stafford loans, then whatever other aid the college has to offer in forms of grants, more loans and possibly work study.