Acceptance Letter and Aid Question

<p>I lost my letter, but does anyone remember what the acceptance letter starts with? Is it "Warmest Congratulations!" or just "Congratulations!"?</p>

<p>Also, I got about 25 grand in money from Pomona, but i'm pretty sure I don't fall in the "needy" category... is this because they are giving me a merit scholarship? Or does Pomona just have really funny standards for "needy" cuz they have so much money? Or did they just accidentally add a zero at the end? xD</p>

<p>It starts with “Warmest Congratulations!”</p>

<p>and the aid?</p>

<p>the Aid comes in the the same big folder</p>

<p>Pomona does not award merit scholarships. If you have any questions about your FA package, you should contact the College.</p>

<p>What was your EFC?</p>

<p>I was really happy with my FA, because they even covered a huge chunk of my EFC! And Pomona doesn’t do merit scholarships, only need based. That scared me at first, b/c I thought that would mean less money, but I was wrong! And also, no loans in the FA package.</p>

<p>Pomona joined the growing ranks of schools that eliminated loans in the FA package.</p>

<p>They said my EFC was about 3000 less than what was stated in FAFSA, and they covered 100% of my needs (44 grands a year). They are lot more generous than other schools. I’m not sure how generous they are as opposed to other schools like Ivy, but I honestly can not picture any other colleges giving me more money than that.</p>

<p>Pomona really strives to not only make a college education as affordable for as many people as possible, but also inexpensive beyond the threshold of people able to afford it.</p>

<p>hmm really?</p>

<p>so how does fin aid at pomona compare to like top non hypsm unis?</p>

<p>pomona’s aid is soo much better than everybody else’s…</p>

<p>my efc is lower for them than any other school I got in to (vandy, emory, washu, duke, ut austin and a&m)</p>

<p>how does it compare to peoples fafsa efcs usually?</p>

<p>It seems like most people I’ve talked to on need-based financial aid here noted that Pomona gave them more money than anyone else.</p>

<p>Pomona actually gave me the least amount of money (compared to Georgetown, Duke, and Columbia)</p>

<p>trickysocksman:
Pomona gave me a couple thousand more than the FAFSA said I needed.</p>

<p>I heard that Pomona, in terms of financial aid, is right behind HYPS. Can anybody verify that?</p>

<p>They gave me 50k (1000 short of CoA) without taking into account my Cal grant of $9,708, so yeah they are very generous with their FA and stick meeting 100% of demonstrated need. Its a good thing or else I couldnt afford it :). So yeah its up there with the ivies in FA terms</p>

<p>It varies school to school, as every finaid office has a different formula. The students I know who came here over HYPS said aid was comparable, some higher, some lower. In the end it’s probably a wash</p>

<p>Financial aid takes so many different things into account (assets, income, # of kids in college, region, etc.) that it’s not uncommon for School A to give one applicant more than School B, whereas the reverse is true for another applicant. </p>

<p>Pomona’s financial aid gets high marks not just because of their generous initial packages, but the degree to which the office will negotiate with each individual admitted student to reach a better solution if needed. </p>

<p>Despite the economic downturn, Pomona’s financial aid budget will increase again this year, and they’ve made it clear that finaid is not on the table in terms of reducing costs.</p>