Reply to If college is so expensive ... why don't more families get need-based aid?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]At Harvard: 55% of our undergraduates receive need-based Harvard scholarships.

Are people taking out massive loans or is everyone just actually RICH?[/quote]

Some people have to decline because they can't afford HYSP after they get accepted. UMD scoops up some of these folks with free tuition. [/quote]
Yep! There are a lot of qualified kids at UMD and UVA[/quote]
For some reason UVA doesn't have many national merits, though. So not as many at the very tip top by raw numbers compared to many large state schools.[/quote]

you do realize that a 207 qualifies for NMSF in many states yet a 220 (3-4 missed questions) will not qualify in Virgnia(and other top states packed with smart kids, like NJ, MA) many years? That is like a 1350 qualifying and a 1560 not in others. If UVA and all schools tracked kids PSAT scores above 207, ie the same national cutoff, 2/3 of UVA kids would have it and UVA would have more than almost all state schools. [/quote]

I had no idea that NMF score cutoffs are benchmarked by state. That is ridiculous, it should be a single national benchmark. [/quote]

Why does each state have its own Semifinalist cutoff if the program is NATIONAL Merit?
This is always a hot button question. NMSC allocates the approximately 17,000 Semifinalists among states based on the annual number of high school graduates. That way, students across the nation are represented.

NMSC sets a target number of Semifinalists for a state. For example, California sees about 2,000 Semifinalists every year, Michigan 500, and Wyoming 25. In each state, NMSC determines the Selection Index that comes closest to matching its target number of Semifinalists. If 1,900 California students score 222 and higher and 2,050 score 221 or higher, then the Semifinalist cutoff would be 221 (this assumes that the target is exactly 2,000). Because score levels can get crowded, it is easy for cutoffs to move up or down a point even when there is minimal change in testing behavior or performance.[/quote]

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