Good Schools w/ Merit Aid

Anonymous
Anonymous wrote:
Anonymous wrote:So --- my post got closed and referred here. My interest is more in the top schools. I see a few like Emory, WashU, Tulane, W&M (we are out of state) listed here. SLAC's listed broadly but would like specifics...and are there others for a very high stats kid willing to set an Ivy or top SLAC aside.

Original Post
"What are the top schools that offer merit aid?

Currently have a junior who has stats to have a chance at top schools and has funds to be full pay. Considering some Ivys, top SLACs, and others outside top 20 on a stats perspective. But with long term picture in mind, I'd like to have DS also consider schools that could potentially get merit aid and then have a choice in the end among acceptances so that some include the option to take a merit package vs a full pay and save the 529 funds for graduate school."


If you are paying attention to this board generally, you will know that the top schools only take the top kids (like yours) but since there are more of those kids than seats every year, they do not have to offer significant merit aid to get them.

The next tier of schools want those same kids, but understand that to get them, they will have to compete by offering generous scholarships.

So, what you are seeking may be a bit of a unicorn. Most families in your position have to choose between a very impressive sounding school with a hefty bill OR a very respectable school that will offers their child an excellent education, at a enviable price.

Both appealing choices but only you can weigh the value of each.


Yes - I understand - and I appreciate your feedback. But what I am looking for is a list of the top schools on that list. "Many SLACs" tells me nothing concrete to consider. I was able to pull a list from this thread so far of top schools that are respectable - but are there others not mentioned yet? (For example - Thanks to PP for highlighting CMU). We are fortunate that we don't have to worry about merit aid - but I'd like DS to think of the value tradeoff here as he considers where to visit and where to apply.
Anonymous
Anonymous wrote:So --- my post got closed and referred here. My interest is more in the top schools. I see a few like Emory, WashU, Tulane, W&M (we are out of state) listed here. SLAC's listed broadly but would like specifics...and are there others for a very high stats kid willing to set an Ivy or top SLAC aside.

Original Post
"What are the top schools that offer merit aid?

Currently have a junior who has stats to have a chance at top schools and has funds to be full pay. Considering some Ivys, top SLACs, and others outside top 20 on a stats perspective. But with long term picture in mind, I'd like to have DS also consider schools that could potentially get merit aid and then have a choice in the end among acceptances so that some include the option to take a merit package vs a full pay and save the 529 funds for graduate school."


On the whole, top schools (meaning ranked ~1-25 or 30 by USNWR) do not award merit scholarship aid, or if they do, it goes to a very small fraction of incoming students.

I am not familiar with what Emory, Tulane, and W&M do for high-performers, but I can tell you what my high-performing DC got for merit aid last year:

Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).

Results:

UMD-CP: Admitted, $5K merit/year
Pitt: Admitted, $15K merit/year, not admitted to the Honors College
UMBC: Admitted with a full ride
WashU: Admitted, no merit money
URochester: Admitted, $12K merit/year
Grinnell: Admitted, $25K merit/year
Case Western: Admitted, $32K merit/year
Rice: Admitted, no merit money
Davidson: Admitted, no merit money
Oberlin: Admitted, $32K merit/year
Brandeis: Admitted, $15K merit/year

If you are chasing a name-brand, you need to pay or qualify for need-based aid.
Anonymous
So for the above schools, anyone not above 1500 SAT get merit? Say, mid to high 1400s? Or is it 1500+ or forget about merit?
Anonymous
Anonymous wrote:
Anonymous wrote:So --- my post got closed and referred here. My interest is more in the top schools. I see a few like Emory, WashU, Tulane, W&M (we are out of state) listed here. SLAC's listed broadly but would like specifics...and are there others for a very high stats kid willing to set an Ivy or top SLAC aside.

Original Post
"What are the top schools that offer merit aid?

Currently have a junior who has stats to have a chance at top schools and has funds to be full pay. Considering some Ivys, top SLACs, and others outside top 20 on a stats perspective. But with long term picture in mind, I'd like to have DS also consider schools that could potentially get merit aid and then have a choice in the end among acceptances so that some include the option to take a merit package vs a full pay and save the 529 funds for graduate school."


On the whole, top schools (meaning ranked ~1-25 or 30 by USNWR) do not award merit scholarship aid, or if they do, it goes to a very small fraction of incoming students.

I am not familiar with what Emory, Tulane, and W&M do for high-performers, but I can tell you what my high-performing DC got for merit aid last year:

Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).

Results:

UMD-CP: Admitted, $5K merit/year
Pitt: Admitted, $15K merit/year, not admitted to the Honors College
UMBC: Admitted with a full ride
WashU: Admitted, no merit money
URochester: Admitted, $12K merit/year
Grinnell: Admitted, $25K merit/year
Case Western: Admitted, $32K merit/year
Rice: Admitted, no merit money
Davidson: Admitted, no merit money
Oberlin: Admitted, $32K merit/year
Brandeis: Admitted, $15K merit/year

If you are chasing a name-brand, you need to pay or qualify for need-based aid.


Super helpful, thanks for sharing your experience.
Anonymous
Anonymous wrote:So for the above schools, anyone not above 1500 SAT get merit? Say, mid to high 1400s? Or is it 1500+ or forget about merit?


These aren’t state schools. This isn’t like Mizzou where they provide a helpful chart for GPA/SAT and you see what you’ll get in merit. If you are talking selective schools, they are more holistic and you aren’t going to find a chart with thresholds. For instance, my class of 2021 student didn’t have stats/ECs nearly as impressive as the PP’s kid (wow!) but did great on the ACT and still was offered $10K in merit aid from Brandeis (vs. $15K for PP’s kid).

Short version, as others have told you, you can’t count on or expect any merit money from the better schools. It’s a crap shoot.
Anonymous
I mean typically if you are looking for merit aid, you need to go down a level from what your kid will likely get into. You are not going to get into a reach school with merit aid.

My kids both got significant merit aid to their safeties, both SLAC, both over $35K per year. But again, they were safeties. They did not get anything for the top schools and they did not expect anything other than to potentially simply get in.
Anonymous
W&M has a 1693 scholarship that only a handful of kids get each year (need to be in the top 1% of class, +1500 SAT I think to really be considered typically) that I offers substantial financial aid (as well as impressive research opportunities/faculty partnerships).
Anonymous
Anonymous wrote:

Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).



Congratulations. Super impressive. That's among the highest stats I've seen. Best of luck in college.
Anonymous
Mean to continue post above.

Duke, Rice, Vanderbilt and UChicago offer merit but as I understand it, only a handful, through a few named scholarships.

Anonymous
Anonymous wrote:
Anonymous wrote:Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).

Congratulations. Super impressive. That's among the highest stats I've seen. Best of luck in college.

And in med school!
Anonymous
Anonymous wrote:Mean to continue post above.

Duke, Rice, Vanderbilt and UChicago offer merit but as I understand it, only a handful, through a few named scholarships.



NP here. Johns Hopkins also has a handful of merit scholarships. When I attended, it covered 60% tuition for all 4 years, provided you kept a 3.0 GPA. No additional application needed.
Anonymous
Anonymous wrote:Mean to continue post above.

Duke, Rice, Vanderbilt and UChicago offer merit but as I understand it, only a handful, through a few named scholarships.



This. If you want merit, the only options at the highly ranked schools is competing for a very small number of awards. Generally for "good merit", by which people usually mean a lot of students get a substantial amount just for being an above average student in the applicant pool, you need to go down a tier or more in selectivity. The whole point of merit aid is to attract higher-caliber students who might otherwise go to a more highly-ranked school. Nobody gets merit from a reach (unless their reach is a mid-ranked school that does give at least some "merit" aka discount to every applicant)
Anonymous
Anonymous wrote:
Anonymous wrote:

Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).



Congratulations. Super impressive. That's among the highest stats I've seen. Best of luck in college.


PP here, thank you - but all credit truly goes to DC, who is very driven and self-motivated as a matter of nature/personality. DC is at one of the above schools now, very happy and doing well so far.
Anonymous
Anonymous wrote:
Anonymous wrote:

Stats: 1600 SAT, 4.0 UW/4.83 Weighted GPA at an MCPS magnet. Three subject-matter SAT tests, scored 800 on all three. Ten AP classes, nine grades of five and one grade of four. 500 service hours. Tutored for Aristotle Circle. Played an unusual sport and a musical instrument at a high level (won awards including at a national level).



Congratulations. Super impressive. That's among the highest stats I've seen. Best of luck in college.


+1
Did Not apply to the Ivys?
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