Where did your kid get merit aid oos?

[Anonymous]

Anonymous wrote:Seriously, my kids offer letter states

- University Grant = $15,000
- Dean's Scholarship = $15,000

So if it says 'scholarship', is it merit aid?
Is the grant part need based, and scholarship part merit aid?
Scholarships can be needed?

or does it specifically state 'You got Merit Scholarship'
What's the basis of people's claim?

Schools specifically classify certain aid as “merit” aid. They say it straight up. It’s kind of odd that you don’t know this? If the scholarships you received were based on grades and scores, that is called merit aid. If the scholarships you received are based on need, even if also based on merit, those would not be considered what most people consider merit aid.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Seriously, my kids offer letter states

- University Grant = $15,000
- Dean's Scholarship = $15,000

So if it says 'scholarship', is it merit aid?
Is the grant part need based, and scholarship part merit aid?
Scholarships can be needed?

or does it specifically state 'You got Merit Scholarship'
What's the basis of people's claim?

Schools specifically classify certain aid as “merit” aid. They say it straight up. It’s kind of odd that you don’t know this? If the scholarships you received were based on grades and scores, that is called merit aid. If the scholarships you received are based on need, even if also based on merit, those would not be considered what most people consider merit aid.

Not everyone is savvy about this process. My understanding is that grants are based on need and scholarships are based in merit/need. I may be wrong. Either way, your DC has been accepted to college with a decent financial package, brag away.

[Anonymous]

Anonymous wrote:

Anonymous wrote:With that much saved, and considering you have to disclose that, you likely won’t get aid. Aid is for people who need it, please keep that in mind. You clearly don’t.

Post elsewhere, please. And get your reading glasses updated!

This is a thread about MERIT aid. Bill Gates' kid is eligible for merit aid, as is Jeff Bezos' kid. Merit has nothing to do with your ability to pay.

+1 We didn't fill out any FA forms, didn't ask for aid, and DC got a merit aid award.

[Anonymous]

Anonymous wrote:

Anonymous wrote:DS got 40K/year at Case Western, test optional

Stats? FA? Merit?

My kid got deferred from CW, and we're assuming it's because DC's stats are too high, and they figured DC will not come if accepted. Yield protection? It was a safety for DC, but if they gave enough $$ it's likely DC would go, so I don't get it.

4.4W, merit. Not FA

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I’m less interested in merit and more interested in what the COA is after merit. If one school is still $50k after merit and another is $25k, that seems like a far more relevant data point.

Yes. For example my kid got 9000/yr from Mines and $18 k at WPI which makes the COA lower even though WPI is more expensive at full rack rate. My kid got 0 from Pitt.

When did you get your merit award from Pitt?

DD got accepted a while ago, but nothing about merit, so we're worried she's getting nothing from Pitt. Very disappointing.

DS got his merit from Pitt about 2 weeks after acceptance. Back in October.

[Anonymous]

DC received 10k/year merit at U. Minnesota and from Pitt. It both cases, it makes it essentially equal in cost to VA public universities.

[Anonymous]

Anonymous wrote:Seriously, my kids offer letter states

- University Grant = $15,000
- Dean's Scholarship = $15,000

So if it says 'scholarship', is it merit aid?
Is the grant part need based, and scholarship part merit aid?
Scholarships can be needed?

or does it specifically state 'You got Merit Scholarship'
What's the basis of people's claim?

“Grant” often means financial (needs-based) aid. But we don’t know how your particular college defines those two things you listed. You need to check the school’s website or call and ask.

[Anonymous]

Anonymous wrote:DC received 10k/year merit at U. Minnesota and from Pitt. It both cases, it makes it essentially equal in cost to VA public universities.

same price as one VA state school-- w and m. the others are all much much cheaper. 25-30K per year. Only W and M is 40K.

[Anonymous]

My East Coast kids applied to several CTCLs outside of the East Coast and got merit aid equal to about 50% of tuition from all of them.

[Anonymous]

Anonymous wrote:

Anonymous wrote:What is definition of merit aid.

My kid got $15,000 University Grant and $15,000 Dean's Scholarship per year.
Did I earn right to brag that my kid got merit aid scholarship?

Weird post.

He is weird.

[Anonymous]

Note that merit aid tends to remain constant throughout college (assuming your kid is full time with adequate GPA), whereby financial aid will go down if your income guess goes up.

Also, some schools make it easy to lose merit aid, so watch the fine print (such as basing it on a semester vs overall GPA).

[Anonymous]

$15,000/yr George Beadle scholarship at UNL

[Anonymous]

Case, Indiana, Cincinnati, Temple, NYU

[Anonymous]

Anonymous wrote:Case, Indiana, Cincinnati, Temple, NYU

Did you have to fill out a separate form in IU portal for merit? IU sent my daughter this “invitation to apply” email for scholarships and basically she has to submit her résumé and write 100 word essay. Not sure what this is for, if this is for merit.

[Anonymous]

Child one- Class of 2020 Merit Aid at American $35K, Pitt $20K, UMD $7K
Child two- Class of 2022- Case Western $40.5K per year