Is financial aid affected by academic/EC performance?

Paying for College
1

<p>I’m not saying that I plan to slack off, not by any means. :stuck_out_tongue: But I am curious, and I figure it’s in my best interest to know now.</p>

<p>Will my future financial aid awards be affected by my academic/EC performance in college? Or is what I’m receiving for freshman year more or less what I will receive in the upcoming years, assuming all financial factors (e.g. Yale’s endowment, my parents’ incomes, savings, etc.) remain equal?</p>

2

<p>At some schools,it can have a more direct relationship than others. With Yale, since they are very much sticklers in giving aid for need, not merit, not so much.</p>

<p>But a lot of opportunities that could translate into dollars tend to come to those who are more active and excellent in those areas. My son has been recommended for a number of grants, jobs, and opportunities by professors who like his work. This can happen at any school. And it can not happen. It is serendipity, but doing well make it more probable.</p>

3

<p>I have no evidence to support it, but I suspect my D’s financial aid package was positively impacted by her grades and leadership activities. The f/a renewal application requests information about this sort of thing, and it is used to award endowed scholarships. Her scholarship this year blew us away. Not sure if she might have gotten a straight grant for that amount had she not been so over achieving … I’ll never know.</p>

4

<p>My son, Kelsmom, at his school has gotten some great additional awards and money that were definitely due to his academic excellence and work.</p>

5

<p>Yale does not give merit aid, only financial aid to admitted students, so as long as you make satisfactory academic progress there, your financial aid should not be affected if your financial data remain the same.</p>

<p>But the better you do, the more opportunities will be open to you.</p>

6

<p>Depends on the school.</p>

<p>To get into the best schools with the best aid, then usually TOP stats are needed.</p>

<p>to get the best aid at schools that don’t always meet need, then top grades are often a PLUS, because those schools often practice “preferential packaging” giving the BEST FA to the BEST students.</p>

<p>Conclusion…don’t slack off.</p>