Is Stanford known for being generous with Financial Aid?

[raven001]

<p>Certain schools (Harvard being one) are known for phenominal financial aid packages, esp. for those in the <$40,000/yr income bracket. Is Stanford known for being comparably generous? I ask because their endowment is slightly smaller than the traditional ivies.</p>

<p>The cost of attending Stanford is a definite factor for me, so I'm curious as to what I can expect...</p>

<p>Thanks!</p>

<p>(Of course, I really really want to attend Stanford, and will try to do what I can to make it feasible...)</p>

[raven001]

<p>selfish bump (don't shoot me!)</p>

[aquahobbist]

<p>i believe the answer is yes, but since i haven't experienced i dont know</p>

[nngmm]

<p>They meet 100% of your need (at least what they think your need is...)</p>

[needhelp06]

<p>i have another question (dont shoot me either!) is stanford decent at giving out merit based aid? Now before all you start yelling at me about how they don't give out merit based aid, let me give you some examples. I know two very qualified people that got merit based aid from stanford last year (they got it from other schools too so they must have been really good). I know stanford or the ivies dont advertise merit based aid, but im sure its out there. kinda like the 50 foot shark no ones seen. but yeah can anyone tell me how much of merit based they usually give out?</p>

[aquahobbist]

<p>I would guess that they have the Presidential and Dean's level merit scholarships. And jsut like other schools these would be highly highly competative, especially at a school like Stanford. Although I was unable to find anything on the web page about them so maybe not. Just speculating.</p>

[paulhomework]

<p>I don't think there's any merit aid; however, even if there is some, it would be super competitve. It'll probably go to the top 5% of the ADMITTED students (read geniuses)</p>

[ranisparkle]

<p>there is NO merit aid that they advertise atleast.</p>

[nngmm]

<p>All fin. aid is need based. There is no merit aid at Stanford (everybody there would qualify...;))</p>

[aquahobbist]

<p>oh well in that case I am proven wrong. There are a lot of grants though for doing research :-).</p>