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Reply to "Is there any correlation between income and merit aid?"
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[quote=Anonymous]I understand the basic difference between need-based aid and merit aid. So let's assume there are two families, neither of which qualifies for need-based aid. But one family's HHI is $250k, while the other's is $500k, would the kid from the family with $250k be a better candidate for merit aid (assuming the kids' stats, etc., were equivalent)? Does income truly play no role in merit aid, or will colleges still look at HHI because they make the assumption that a very high income family can attend without depending on merit?[/quote]
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