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Reply to "What does "we meet 100% of demonstrated need" really look like in numbers? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]They’ll give 100% of what the form says you need. Most schools don’t, so you get your aid package and then have to find some more money on your own to fill the gap. Of course there are people who think their need is more than the forms say. [/quote] Importantly, "they'll give you 100%..." could mean different things at different universities. I worked for a couple of years at a private college. Unmet need, per the FAFSA (or other calc. used by the school) of $4000 could be MET with a $2000 campus work study job and a $2000 subsidized loan. OR it could be met with a $4000 grant. Or some mix of all and other sources. If your student is awarded scholarships outside of the college (e.g., a local garden club award), that too could factor into lessening the unmet need. [/quote] And this is how the best colleges like Amherst are pulling away. 100% of need met through grants without the requirement for work study is starting be the standard for elite schools. Just like 100% of need met, this standard will spread to the schools that have the endowments to support it. Those that don't will slip a little bit more [/quote]
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