Need Based Aid

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
alicen
Posts: 104
Joined: Tue Nov 02, 2010 4:42 pm

Re: Need Based Aid

Postby alicen » Mon Apr 11, 2011 10:18 am

efc=0, got 75k from columbia. happieee

adt231
Posts: 241
Joined: Thu Oct 21, 2010 4:51 pm

Re: Need Based Aid

Postby adt231 » Mon Apr 11, 2011 12:44 pm

alicen wrote:efc=0, got 75k from columbia. happieee


that's amazing! Congrats.

c_dubya_s
Posts: 557
Joined: Tue Nov 02, 2010 11:58 am

Re: Need Based Aid

Postby c_dubya_s » Mon Apr 11, 2011 1:04 pm

Just found this thread, so my contributions may be a little late, but as a member of the EFC=$0 I thought I'd share.

1) GULC gave me $30,000 a year in combined need/merit aid
2) Penn gave me $51,000 in need-based aid over 3 years
3) $0 in need-based from all other schools (UVA, Michigan, Berkeley, NYU), although I have generous merit schollys from Michigan (which eliminated me from consideration for need-based grants) and UVA

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thelawyler
Posts: 902
Joined: Wed Apr 13, 2011 9:00 pm

Re: Need Based Aid

Postby thelawyler » Tue Oct 04, 2011 5:46 am

I'm bumping this as another EFC 0 applicant.

Most of the people here with good need-based grants have high GPAs. Any splitters getting good aid at Penn or NYU? Especially for ED candidates... I'm guessing ED matters less for need-based aid or am I totally off?

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buckilaw
Posts: 840
Joined: Fri May 07, 2010 1:27 am

Re: Need Based Aid

Postby buckilaw » Wed Oct 05, 2011 11:12 pm

thelawyler wrote:I'm bumping this as another EFC 0 applicant.

Most of the people here with good need-based grants have high GPAs. Any splitters getting good aid at Penn or NYU? Especially for ED candidates... I'm guessing ED matters less for need-based aid or am I totally off?


It depends. I would think that most schools don't look at your numbers when awarding need based aids, especially if the office of financial aid is not part of the admissions office - of course this may be a bit of a naive view. But, I know Michigan gives need based aid to ED admits, and I've heard of Duke doing the same, so that supports the supposition that need based aid isn't really tied to numbers.

Of course if you ED somewhere you still run the risk of receiving suboptimal need based aid because you can't compare offers. And even if you have an EFC of zero there is still a risk that you may not receive any need based aid; I think pell grant eligibility in undergrad is the better predictive measure for predicting need based aid in law school admissions.




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