<p>
[quote]
Carnegie Mellon offers a Carnegie Scholarship to incoming first-year students. Carnegie Scholarships are awarded to academically and artistically talented middle income students who qualify for little to no need-based financial aid. Carnegie Scholarships are open to all qualified U.S. citizens and permanent residents, regardless of race or national origin. You must apply for need-based financial aid to be considered.
[/quote]
What qualifies as "middle income"?</p>
<p>The second part is more important - people who qualify for little or no aid will usually get this scholarship.</p>
<p>So, it’s safe to say that ‘middle income’ means your family has just enough income that your EFC is at or close to total cost of attendance, and you’re not getting any grants et cetera.</p>
<p>My son was awarded this last year - our family income is 150-200K area.</p>
<p>How much is a Carnegie Scholarship worth?</p>
<p>An admissions counselor told me up to 20k.</p>
<p>I think we’re above the “just above” area, but aid is aid, and going to do everything possible to lighten the load.</p>
<p>mumof2boyz, if you don’t mind me asking, what were your son’s stats like? I’m guessing it’s awarded to some top 5% of the applicants considering CMU is a top school.</p>
<p>We were told the award ranges in value - ours was 10,000. Son’s stats were 780 M, 790 CR, 700 writing. High 700’s SAT2s and a 4.3 GPA. Very competitive HS, always took hardest classes - 8 AP classes. He opted not to attend as it was not a social fit for him.</p>
<p>I don’t think he was in the top 5% of applicants. I suspect there was something about him in particular they felt they needed or wanted in their student body.</p>
<p>I see. My stats are 700M (780 Math II), 760 CR, and 660 W. I’m planning on raising it to 800M, 800 CR, and 700W, but clearly your son had excellent stats.</p>
<p>Thanks.</p>
<p>Good luck!!!</p>
<p>I got this back when it was called the presidential scholarship. For me it’s $10k / year. My family income isn’t anything special, as both of my parents are public school teachers. My mom her entire career, and my dad for the past 5-6 years. Before becoming a teacher, though, my dad spent a career as an electrical engineer. He was always careful about saving and we caught a break when my brother had college paid for at West Point. So I guess when we reported everything my EFC was still the full cost… but by no means is it really sustainable given my family’s income.</p>
<p>I actually think my parents are eligible to retire, but they continue to work to pay my tuition, especially after the recession. It’s probably too late to do anything about it now, but do any of you know if my EFC would change if my parents stopped working and started collecting social security? Granted, at this point i’m making enough from internships and campus jobs that it would probably be a moot point, but who knows.</p>