Merit + Need? (Class of 2021)

berkdork
Sat, 09 Jul 2016 21:17:47 +0000

Help! I’m very confused considering this whole financial aid business… My basic question: If by using the collegeboard estimated financial aid calculator it says I’ll have to pay 10,000 at school x each year, but I get a merit scholarship for 10,000 each year at school x, does that mean I’m going for free? Or does merit-based aid take away from that need-based aid and I’d still have to pay 10,000 each year?

If this has already been discussed a lot, please give me a link to a thread or two so I can figure this out! (I’ve tried Google/CC, but found nothing…not really sure how to word it I guess)

Also, if it’s a case-by-case basis with schools, does anyone know the case with University of Richmond, University of Rochester, Emory and Brandeis? Thank you so much in advance, I’m really at a loss with this and any and all comments will be greatly appreciated!