Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Merit scholarships are not considered a best practice by NAIS until a school is financially able to meet full demonstrated need first with need blind admissions. I'm not sure any school in the area is in that position.
t
Not quite. At least as of about 2 years ago when I read NAIS rules very closely, the point was only that merit aid was discouraged if it would take away from need based aid. There was no expectation of need blind admission and I am not personally aware of any DC area private that does this. I doubt any of them have the endowment to handle it but would love to hear otherwise. Many highly selective colleges have backed away from this. The ivies can still do it and a few like them, but schools like Tufts have walked away.
From the NAIS website:
-The NAIS Principles of Good Practice for Financial Aid Administration state that "The school determines eligibility for admission without regard to a student's application for financial aid."
-While NAIS feels schools should extend financial assistance only to those who demonstrate they are unable to pay the full tuition (and other school-related costs), it is recognized that many schools offer merit programs.
IMHO, a school should NOT make merit scholarships available when it does not yet have a financial aid budget that is large enough to meet fully the needs of all aid-qualifying families.
NAICs can preserve its aspirational best practices, but more detailed reports on their own web site tell a very different story. https://www.nais.org/Articles/Pages/Financial-Aid-Focus-Need-Blind-Admissions.aspx
).Anonymous wrote:I'd love to have more parents think that their children were bright, and take an interest in their schoolwork. -- Teacher
Anonymous wrote:Anonymous wrote:Anonymous wrote:Merit scholarships are not considered a best practice by NAIS until a school is financially able to meet full demonstrated need first with need blind admissions. I'm not sure any school in the area is in that position.
t
Not quite. At least as of about 2 years ago when I read NAIS rules very closely, the point was only that merit aid was discouraged if it would take away from need based aid. There was no expectation of need blind admission and I am not personally aware of any DC area private that does this. I doubt any of them have the endowment to handle it but would love to hear otherwise. Many highly selective colleges have backed away from this. The ivies can still do it and a few like them, but schools like Tufts have walked away.
From the NAIS website:
-The NAIS Principles of Good Practice for Financial Aid Administration state that "The school determines eligibility for admission without regard to a student's application for financial aid."
-While NAIS feels schools should extend financial assistance only to those who demonstrate they are unable to pay the full tuition (and other school-related costs), it is recognized that many schools offer merit programs.
IMHO, a school should NOT make merit scholarships available when it does not yet have a financial aid budget that is large enough to meet fully the needs of all aid-qualifying families.
Anonymous wrote:Has anyone here gotten a merit scholarship from Holton? We are applying for middle school so I'm not sure if this is just about high school. Just curious.
Anonymous wrote:Anonymous wrote:OP: I believe all the schools have some kind of merit scholarships but their definition of "merit" may be different than yours. I think school offers scholarships to the students they want, and sometime that can be because of a particular sport, or ethnicity! Grades or academic standing is probably the least likely reason to give out scholarships because, well frankly, most of the students applying were all pretty good on that front.
My DC was offered one at a school we ultimately declined because another school just felt better fit.
Exactly this,you have to be very bright to be admitted so it isn't a distinguishing characteristic justifying merit aid. I'm in Baltimore and the limited "merit" aid I've seen given out is for athletics.
Anonymous wrote:Anonymous wrote:Merit scholarships are not considered a best practice by NAIS until a school is financially able to meet full demonstrated need first with need blind admissions. I'm not sure any school in the area is in that position.
t
Not quite. At least as of about 2 years ago when I read NAIS rules very closely, the point was only that merit aid was discouraged if it would take away from need based aid. There was no expectation of need blind admission and I am not personally aware of any DC area private that does this. I doubt any of them have the endowment to handle it but would love to hear otherwise. Many highly selective colleges have backed away from this. The ivies can still do it and a few like them, but schools like Tufts have walked away.
Anonymous wrote:Merit scholarships are not considered a best practice by NAIS until a school is financially able to meet full demonstrated need first with need blind admissions. I'm not sure any school in the area is in that position.