Need based aid?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
DefyingGravity
Posts: 60
Joined: Fri Nov 25, 2011 11:16 pm

Need based aid?

Postby DefyingGravity » Sat Nov 26, 2011 5:01 pm

What schools give substantial need based scholarships (as opposed to loans)? If I don't receive a merit scholarship, should I just assume the cost of attending will be sticker price+ COL? If so, how do schools determine financial need?

Thanks guys! Congrats to everyone already admitted:-)

bdubs
Posts: 3729
Joined: Sat Feb 06, 2010 2:23 pm

Re: Need based aid?

Postby bdubs » Sat Nov 26, 2011 5:09 pm

HYS are the only schools that give need based aid to a substantial portion of their incoming classes.

Some other schools have pure need based aid, but it is generally limited to those who are incredibly poor, and whose parents are incredibly poor.

DefyingGravity
Posts: 60
Joined: Fri Nov 25, 2011 11:16 pm

Re: Need based aid?

Postby DefyingGravity » Wed Nov 30, 2011 2:27 pm

will it hurt my chances to put i'll be applying for need based aid?

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jeremydc
Posts: 267
Joined: Sun Feb 14, 2010 4:13 pm

Re: Need based aid?

Postby jeremydc » Thu Dec 08, 2011 12:52 am

Why would it hurt your chances?

I know I wont be getting any merit based aid. But my EFC has always been 0 (poor poor childhood), and im sure I will get a little need based aid. I am not banking on it but there is a good possibility.




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