No financial aid based on Merit?????

Question

H just read where Hamilton College, in NY is eliminating all aid based on merit.All aid will be based on need! Do you think this is fair????
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I do. Doesn't busting your tail to get good grades count for something???

Answer 1

When it comes to Merit aid, most of the top rated schools have little or none.

The schools can't afford to give financial aid to everyone, so they have to choose how to give it out. One choice is to give money to excellent students who will improve the school - that's merit aid. But what if just about all the students in the school are already excellent. - that would be the case at Hamilton, a very highly respected school just beloew the level of the Ivies - they don't need to give money to rich kids who are good students and who could afford to pay their way. But they have some outstanding students whom they want to admit who cant afford to attend. Those are the kids who will get financial aid scholarships. They really cannot afford to pay so without the scholarships they would not be there.

Harvard, Yale, Duke give very few (a handful) of Merit scholarships only to extremely outstanding students. But these schools commit to giving every admittted student all the money that they need to be able to attend.

On the other hand, the schools that are just a little lower rated - in the top 100 but not the very top, give lots of merit aid. Very good schools like Fordham, George Washington, American University, Boston University, etc. give lots of scholarship money to top students.

Answer 2

I applied to, I think (funny how I've managed to forget) 9 schools.

I got into all 9 of them. 8 of them offered me merit aid, 7 of which were more than $10k a year. (I ended up going to the 9th one, UPenn, but that's not the point)

I think that merit aid is a fair system, and I think that it can help a great deal. BUT I think that top-tier schools can't afford to do it because everyone that applies there is smart.

I wish that things didn't have to be that way, and I don't agree with it, but that's life.

Answer 3

Yes, busting ur tail gets you scholorships....look for them online. I have a relative who was 30+ and went thru all 4 years of a public university...big name one too on all scholorships and not ones from the college...from a variety of sources...it was a lot of work...if u chose to not do all that then do student loans...I agree. it such why are student pumished b.c there parents are sucessful and made something of there lives..and aren't living on the American tax $$$...oh don't get me going on that ****...prove the world wrong..go out there and bust ur tail and get a great job and be proud that you did it yourself and no one helped u!! :) U can do it!

Answer 4

i do no longer comprehend your SATs or grades, so I have not have been given any concept in case you may get into any of those. yet some colleges that supply very stable economic help comprise: Harvard, Kenyon, Pomona college, Stanford, U Penn, Princeton, Yale, Brown, Dartmouth, Amherst, Bowdoin, Claremont McKenna, Cornell, Davidson college, MIT, Rice, Vanderbilt, Swarthmore, Washigton and Lee, Williams, U Chicago, Grinnell, Middlebury. to boot, in the journey that your grades and and so on. are fairly sturdy, you additionally should stay with to the perfect public college on your place state. they might throw stable help at you, to motivate you to attend. to boot, there's a trick. persist with to a pair of back up colleges the place your attempt rankings and GPA are on the intense area for them. make certain they are inner maximum colleges, no longer public. a number of them will motivate you to attend by featuring you with $$$. finally, there are some colleges the place, in case you may get in, the training is loose. They comprise the Cooper Union, Olin college of Engineering, college of the Ozarks, Deep Springs, all the US protection stress academies (West factor, and so on.), the instructor's Academy (CUNY), Webb Institute, Curtis Institute, Yale (college of track in basic terms), Berea college.

Answer 5

I think anyone who needs financial aid should get it.