How does financial aid work? Hypotheticals abound inside

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perspective
Posts: 54
Joined: Sun Nov 29, 2009 7:02 pm

How does financial aid work? Hypotheticals abound inside

Postby perspective » Thu Apr 08, 2010 12:56 am

I am on a full scholarship to my current university (top 20). My parent's income is below $50,000. I am not a URM. I will be going to law school directly out of UG.

LSAC GPA= 3.9
LSAT (the hypothetical)= 172-175

Question: How does financial aid work for the top universities (HYS + CCN)? Are they merit or need based? Do I qualify for either (I am guessing yes on the need angle)?

Any thoughts or links would be great!

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soullesswonder
Posts: 553
Joined: Sat Mar 21, 2009 11:36 pm

Re: How does financial aid work? Hypotheticals abound inside

Postby soullesswonder » Thu Apr 08, 2010 1:12 am

perspective wrote:I am on a full scholarship to my current university (top 20). My parent's income is below $50,000. I am not a URM. I will be going to law school directly out of UG.

LSAC GPA= 3.9
LSAT (the hypothetical)= 172-175

Question: How does financial aid work for the top universities (HYS + CCN)? Are they merit or need based? Do I qualify for either (I am guessing yes on the need angle)?

Any thoughts or links would be great!


HYS only give need-based aid. Y+S are reputed to be more generous (I've heard Harvard doesn't offer more than 30k in grants a year, although I can't confirm that).

CCN all give merit money up to full tuition. A 172/3.9 might not get any $$, but a 175/3.9 would probably not come away empty handed. CCN also has need-based aid, although the general consensus seems to be that they give less grant money than HYS.

perspective
Posts: 54
Joined: Sun Nov 29, 2009 7:02 pm

Re: How does financial aid work? Hypotheticals abound inside

Postby perspective » Thu Apr 08, 2010 9:08 am

Thank you for the response. Finger crossed on the 175+ then :? .




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