Reply to Did anyone get more than $30K in merit aid at private college?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]TJ class of 2015 received approximately 36 million dollars in merit based scholarship for 430 graduating seniors.

That works out to about $83,000 in scholarship money per student.[/quote]

typical kids apply to 10-15 schools. assuming 10 acceptance, it's only 8300/school. not that impressive. [/quote]

Around May/June, each graduating senior has to complete a form regarding which college the student is attending and the amount of merit based scholarship received from the said college. So, no need to divide by ten.  [/quote]

Four or five kids from this TJ class went to service academies which put the scholarship value of tuition, room, and board at 3 to 400,000 dollars,  that's 1.2 to 2 million right there. 
[/quote]

The service academies do not charge for tuition/room & board for attending thus the scholarship awarded would be zero. [/quote]

Right, the value of the education is considered a full ride merit scholarship. The students fill out their high school forms with the value that the academy has figured out for each year. It can vary by academy. The education there is not free; it does cost money, so that value is considered a full scholarship. (Obviously, the students take on an active duty service requirement when they graduate.)

The value of a service academy education is listed as a full ride scholarship in the paperwork that students fill out at the end of the senior year and thus is included in the total announced by the school. So it is a large portion of the total amount. 
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