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Reply to "250k household income - did you receive any aid in financial aid packages?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What is the difference between merit and financial aid? [/quote] One is based on academics (GPA, test scores...merit) the other is based on finances (your parent's income and assets...financial).[/quote] Most of what is called merit aid is actually combined merit/need. If you have to fill out the CSS profile or submit the FAFSA to apply for it, it’s combo aid. Merit aid is offered without that information and with the offer of admission or immediately after with more selective schools. The criteria are also clearer. Some schools are more open with that information than others.[/quote]
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