Interesting conversation with Admissions Office

stringfollies
Thu, 26 Mar 2009 14:47:34 +0000

Another twist to be aware of: at some of the LOC’s, they will reduce the needs-based financial aid by the amount of the merit $$ they offer you. While this sort of stinks, it does have the advantage that you don’t have to reapply each year for the merit money and it’s guaranteed for 4 years. With needs-based aid, you have to reprove your need every year.