Automatic Full Tuition / Full Ride Scholarships

sybbie719
Fri, 29 May 2020 01:11:41 +0000

I think this year there will be very few “automatic scholarships”. I agree with @cptofthehouse because of COVID there are currently 41 million people out of work (I am quite sure there are a few families who have students applying to colleges this year). Some people are working in industries that will never bounce back. There will be families willing to sign up for schools that are affordable after “scholarship discounts” that may not be the equivalent of full tuition or a full ride.

I think schools with small endowments and public universities will take hit because there will be a short fall in funding. I also think some schools will no longer meet 100% demonstrated need and some will become need-sensitive/need aware.

I was watching the news the other day when the presidents of Ithaca and Cornell were talking about having a way for students to be on campus because much of the local economy is dependent on the colleges. Syracuse was talking about the millions of dollars lost and how that will cut even deeper if students don’t return to school in the fall.

It is going to be more important than ever that this fall, families take a bottoms up approach in making sure that there are affordable options on the college list.