Honors programs at big universities

Chardo
Thu, 05 Jun 2014 17:31:49 +0000

^ True to an extent. Those with the most financial need can have a lower net cost at some privates. However it’s not a blanket rule. Most privates that claim to meet full need (their definition, not yours) will do so with loans. Since you chose to shout with caps, I will say LOANS ARE NOT AID. Loans are just kicking the can down the road, making it easier to pay their bill. You still pay that cost, plus interest. Aid will also usually include work study, which is a job. That’s going to take hours away from studying or other interests. That might be an issue for some kids. If you are lucky enough to get into an Ivy or one of the handful of privates that don’t use loans for aid, that’s great. Overall it’s a pretty small number of students in that club. Bottom line, run the net price calculators for all the schools you are considering and look at the details. Then apply to some of the generous privates, cross your fingers, and look at the true cost of the aid package if you’re fortunate enough to get a big envelope.