"The 12 best college financial aid policies"

Parents Forum
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<p>[The</a> 12 best college financial aid policies - College, Inc. - The Washington Post](<a href=“http://www.washingtonpost.com/blogs/college-inc/post/the-12-best-college-financial-aid-policies/2011/07/11/gIQA8RvF9H_blog.html]The”>http://www.washingtonpost.com/blogs/college-inc/post/the-12-best-college-financial-aid-policies/2011/07/11/gIQA8RvF9H_blog.html)</p>

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<p>Haverford has decided to phase loans back in.</p>

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<p>This does not sound very good. It is not close to full tuition. There are many others that are much better. I know at least 2 in our state.</p>

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<p>Seems like Berea ought to be #1.</p>

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<p>I don’t see phasing out of loans as a big deal. It mostly benefits upper-income students (who are not quite full-pay). Folks who could easily afford to have some skin in the game. With the exception of Amherst, the number of Pell Grant (low-income) students at any of these schools is very small, and (again with one or two exceptions), actually lower than it was 15 years ago.</p>

<p>And, yes, Berea should definitely be #1, likely followed by the College of the Ozarks.</p>

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<p>[US</a> Military Academy](<a href=“http://admissions.usma.edu/cadet_finances.html]US”>http://admissions.usma.edu/cadet_finances.html)
[US</a> Naval Academy](<a href=“http://webster-new.dmz.usna.edu/geninfo.htm]US”>http://webster-new.dmz.usna.edu/geninfo.htm)
[US</a> Air Force Academy](<a href=“http://academyadmissions.com/]US”>http://academyadmissions.com/)</p>

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<p>While I firmly believe that HYPS have the most generous FA policies in the country, the H & & statements cited above are extremely misleading as assets also affect FA packages and higher than ‘customary’ assets will increase EFC above the 10% of income level.</p>

<p>This looks like the typical newspaper article about college admissions/FA, a kernel of truth, but behind the times and/or lacking in detail.</p>

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<p>ucbalumnus–Different kind of pay back required!</p>

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<p>True – but the type of student at the academies is presumably someone who wants to enter military service.</p>

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<p>What does eliminating loan really mean? You can eliminate loan and still give out the same amount of aid, they just don’t say anything about direct loan in the package. When you turn around and say that you need some more help, they always say (at least in my case) that we can give you direct loan if you need more help.</p>

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<p>Good to know but very few will get in…</p>

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<p>What does it mean to have the “best college financial aid policies” if you systematically ensure that those who would benefit most from the policy (i.e. Pell Grant recipients) won’t get in?</p>

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<p>Our income put our S just out of Pell Grant reach, so the FA of Univ of Penn was a godsend for us. It’s actually cheaper for us to send him to Penn over UC Berkeley or UC Davis.</p>