I am asking what it is…the name of the merit scholarship, for example.
I don’t believe in says anything besides “scholarship”. The same everywhere else: Rutgers, UNC.
OP in his first post:
OP in a later post:
You seem to be confused. Need-based aid is not the only kind of financial aid. Merit-based scholarships (academic, athletic, artistic, performance) are also financial aid, as are federal direct loans.
Based on your reported income and assets it’s highly unlikely that any need-based aid will be made available from UT Austin, and if you haven’t yet heard about merit aid it’s possible that none will be forthcoming and the student’s net price will equal the published COA.
That’s different. Scholarships are usually named. You might want to have your student reach out to the colleges where he or she was awarded merit scholarships to ask them for specifics. Particularly for endowed scholarships, providing a “thank you” is important (and sometimes required).
I can tell you that for UT Austin, non-need based merit scholarships for colleges/departments/honors programs have been going out since at least January. The big full-ride scholarships (Forty Acres & Dedman Distinguished Scholars) are already in their finalist stages (finalists just waiting to hear how they’re going to participate in the last selection stages remotely).
I don’t care how they are named. I only care about how much they reduce my final bill I have to pay.
Well at the very least you do need to understand if scholarships are for one year only, or for each of the 4 years, or whether it’s the total amount over the 4 year period.
Also, sharing the name of the scholarship helps others understand what may be available from a given school. That’s how this community works.
Have you called the FA office to ask when the financial package will be available?
If you want to know about merit awards, call admissions.
Our FA package was available online this morning… You can check as they have been rolling them out this week.
^^ This. + You’ll want to know the requirements for accepting (organizational commitments, major, specific classes, event participation, etc…), and/or renewing if it’s offered year-to-year. You’ll want to know if it stacks with other scholarships or aid. You’ll want to know if outside scholarships may reduce or remove another award.
Have you seen any of these awards? You don’t seem to have much info.
My daughter just got an e-mail about FA. UT Austin is the first school that did not get us a single penny in aid.
Usually there are gpa minimums to renew scholarships, if so know when that review happens (end of year, or every semester?) and whether you will need to continue to file FAFSA every year to get it.
UT Austin is a public university that first and foremost supports the residents of Texas. IIRC, you are not a resident of Texas.
Your daughter got merit aid from a few other schools. Are any of those affordable in terms of net costs for you? If so…choose one of those.
10K scholarship for 60K total cost of attendance is meaningful but does not change the fundamentals.
We will see what other schools will offer us - we are still waiting from 6 schools. Rutgers is by far the cheapest option, under 10K.
Rutgers for the win! I would expect looking at the current financial horror story that there might be some impetus to lock in such offers. I imagine none of these unaccepted offers are binding for the institution.
My twins finally got their financial aid late this afternoon for UT. Not much but we’ll take it.
Yep, my son got his too. It was a little less than his brother’s (now a senior at UT) which wasn’t much either but anything helps. Household income has stayed about the same but I think the change may be because the household size was reduced by 1 (college senior). He is an in-state student. He got substantial merit aid from UT Dallas and nothing at all from Texas A & M.
If the $8,000 UCSD scholarship is Regents, just understand that it is typically $8,000 paid over 4 years @ $2,000/yr.