@SeniorStruggling wrote
To be competitive for merit, an applicant should be targeting schools where his/her stats compare near the top for that school. A 27 ACT is not going to trigger much merit award consideration at low admit rate schools. For FA at fully-meets-need schools, a 27 is probably not a competitive score for admission.
Charter schools in economically disadvantaged communities may graduate most of their low-imcome students, but the students academic abilities/stats are a far cry from Phillips Exeter.