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College and University Discussion
Reply to "Which private colleges have the best financial aid for donut hole families?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Are you looking for actual financial aid or merit aid? If you will receive some financial aid, then most schools will come up with similar cost of attendance numbers for your family. But then the thing to remember is loans are not part of cost of attendance, since they aren't paid until after school is over. So schools that offer to meet your cost of attendance without loans, are the most generous. Schools that offer an institutional loan as well as Federal loans are the least generous. If you are looking for merit aid, it's somewhat correlated. The top schools that meet COA without loans, usually have no merit aid, or possibly a single highly competitive scholarship. The schools that have things like institutional loans, also seem to be more likely to have merit packages they can use to sweeten the pot should they want to.[/quote] Looking for financial aid at this points and was hoping to get names of schools that offer the most generous financial aid. It seems harder to find lists of these types of schools.[/quote] One way to search is for ‘need blond’ schools that agree to meet 100% of need. Not a lot of them frankly, and what they think you need and what you think you need can be really different. We are weird but DS and I literally ran every net price calculator for about 60 colleges over one weekend. It became a bit of a game — some wanted academic stats, some didn’t by the way. Why are you specifically looking for private schools? [/quote]
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