<p>I thought I remembered reading some news items on this, but can’t find references to them now.</p>
<p><a href=“http://www.princeton.edu/pr/news/01/q1/0127-aid.htm[/url]”>http://www.princeton.edu/pr/news/01/q1/0127-aid.htm</a></p>
<p><a href=“http://www.thecrimson.com/article.aspx?ref=357866[/url]”>http://www.thecrimson.com/article.aspx?ref=357866</a></p>
<p><a href=“http://www.usnews.com/usnews/edu/articles/050502/2college_print.htm[/url]”>http://www.usnews.com/usnews/edu/articles/050502/2college_print.htm</a></p>
<p><a href=“http://www.boston.com/news/local/massachusetts/articles/2005/07/16/elite_colleges_go_after_low_income_recruits/?page=3[/url]”>http://www.boston.com/news/local/massachusetts/articles/2005/07/16/elite_colleges_go_after_low_income_recruits/?page=3</a></p>
<p>even P’ton requires work study…</p>
<p>No payback on WS and at some schools a kid can convert the award to a low interest Perkins Loan if that is desired.</p>
<p>I believe at the UCs (University of California), Regent Scholarship recipients with EFC of $0 get 100% grants? I guess that would be a mixture of merit and need based financial aid.</p>
<p>The majority of schools that give generous grant aid based on need also have a self help component because they believe that the student also must be an active participant in the financing of their education. While there are many schools that have low income inititiatives with reduced or no loans, these schools have not totally eliminated the self help portion of the financial aid package. S student is expected to work over the summer for his/her student contribution and there will be a work study component when they get to campus. Should a student decide not to work or find that the student contribution workstudy does not adequately cover their expenses, then they can still take out loans.</p>
<p>Harvard also has a self help component.</p>
<p>Harvard states:</p>
<p>You will also have non-billed (out-of-pocket)nexpenses for books, personal and travel expenses — costs which will vary depending on your own
style and habits. For purposes of determining your eligibility for financial aid, we are using a combined book and personal expense allowance
of $2,795.</p>
<p>Student Contribution</p>
<p>We normally expect that incoming students will earn money for college expenses by working during the summer. We believe a reasonable goal for
this summer in most cases is $1,500, or approximately $150 per week during the summer vacation period. (Summer expectations for upperclass
students are higher due to a longer summer working period.)</p>
<p>If you are not able to save enough from your summer earnings
to meet part or all of the expectation, it may be possible for you to borrow an additional amount.</p>
<p><a href=“http://www.fao.fas.harvard.edu/downloads/understanding_your_award.pdf[/url]”>http://www.fao.fas.harvard.edu/downloads/understanding_your_award.pdf</a>
On page 7 they state</p>
<p>Self-Help
It is your decision how to finance the “self-help” expectation component of your financial aid award, which totals $3,750. As you will see below,
it is possible to meet the entire self-help expectation with either job earnings or a loan. Most students, however, choose to meet the expectation
through the combination of working and borrowing that best meets their individual circumstances.</p>
<p>Jobs
You could fulfill part or all of your self-help expectation through either the Federal Work- Study Program or a Term-time Job, depending upon your eligibility for federally-subsidized employment. Please read the “Jobs and Research Opportunities” booklet for a fuller description of
the available jobs and for more information about earnings ceilings, wages, and job placements.</p>
<p>If you choose to work during the academic year, you will normally need to work about 8 hours per week (depending on payrate) to pay for the
books and personal expenses that are included in your cost of attendance. Even if you are deeply involved in athletics, drama, music, or
other academic or extracurricular activities, our experience is that most students can fit a job of about 8 hours per week into their schedule. </p>
<p>Loans
You could also fulfill part or all of your self-help expectation through one or more of the loans described below. Which loan you receive depends
upon your citizenship and other eligibility criteria. Any educational loan you take out will be credited directly to your term bill and will reduce the
balance accordingly.</p>
<p>FresnoMom:</p>
<p>Even with a zero efc, the UCs still require work study, summer earnings and a student loan - total self-help = $9500. Of course, a few of the more generous campuses with Regents could supplant most, but not all of the self-help. Cal is the most miserly with Regent’s money, offering only $1-2k in merit aid. But, of course, Regent scholars would also be extremely competitive for Alumni scholarships and might be able so supplant more self-help $ in that manner.</p>