<p>I am a parent whose daughter was accepted at Oberlin, and elsewhere, and will need to make a choice. She is flattered that Oberlin offered a merit scholarship. I am relatively unfamiliar with the merit scholarship process, but after reading the preceding posts in this thread, it one could get the impression that these offers are fairly common. How common are they? What percentage of the student body actually pays full tuition? Is satisfactory performance defined as not being on academic probation, or on maintaining a certain GPA?</p>