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College and University Discussion
Reply to "Merit Scholarships"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Is $17,000 a year a good merit scholarship for a $48,000 school?[/quote] We have some limited experience with this (so not wide experience) and it sounds fairly standard. Some if it depends on the school. If it's a [b]really competitive school[/b], $17K is a great award because most of the applicants are so qualified that the school just can't offer this much to everyone. FWIW, one school offered roughly this amount to both DC and DC's friend, the only difference being the name of the award - DC's award was supposedly more prestigious (something like "president's award" vs. "dean's award"). But since the dollar amount was exactly the same we didn't really see the prestige.... DC also got an unsolicited offer of $14K - wonder if it's the same school in Philly![/quote] Really competitive schools don't tend to offer merit scholarships. [/quote] You're right, I think this is generally true. Certainly my DC got offered $17K (that number again!) by the less competitive school and zip by the extremely competitive school. However, I do know of a superstar who got full merit scholarship at HYP. [/quote]
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