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[quote=Anonymous][quote=Anonymous]"Do you mean merit aid, or need based aid? Tons, a large majority, in any event, of colleges give need based aid. Merit aid independent of aid is a smaller set, but many of those include the most selective universities and SLACs."

This info is wrong. The most selective schools do not give merit aid. If they do, it's to just a tiny sliver of people. Most merit aid comes from schools that are trying to convince you to go there instead of to a higher ranked or even equally ranked school. Think Loyola MD, Fordham, Santa Clara, Mt. St. Mary's, and so on. There are also some publics that give merit, like UNM, Arizona, and Alabama.

https://www.collegedata.com/resources/pay-your-way/how-to-get-merit-aid-from-colleges[/quote]

+1   Merit aid is a tool to attract stronger students. Top ranked schools don't give it other than, in some cases, a very small number of competitive awards. Just had a conversation this weekend with a friend who was convinced their nephew got a merit scholarship to Princeton. Uh, no. He got need-based aid. Your siblings' income/assets just is not as high as you think it is and they give "need aid" to a higher income level than you might think.

IME looking at a wide range of schools, merit-giving colleges generally got prices down to be competitive with our VA state options, in the $25k-$40k range. We'd be full pay at non-merit-giving schools, expected to pay $60-$80k[/quote]

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