CMU and Aid

<p>I am really interested in applying to cmu under early decision.
but, i know that i will need financial aid. cmu has a 100 % demos need program correct?</p>

<p>should i apply under early decision?
will they give me enough money?
the sum the aid-calculators want us to pay is very reasonable....</p>

<p>SATs: 770 math, 640 verbal, 620 writing
ACT: 30....33 math a bunch of 29s and 28s
girl going into engineering!!!!</p>

<p>should i risk it??</p>

<p>I believe that CMU does not guarantee anything. I think I read in the financial aid pamphlet that if another school offers you more and you don't want to spend the money, they advise going somewhere else. Can anyone confirm?</p>

<p>CMU guarantees nothing. They will, however, reconsider their offer to you if you provide documents of better aid packages from PRIVATE schools only. They do not guarantee to match the other offer, only to reconsider their initial offer and possibly increase it some.</p>

<p>:( How ironic, the school I will probably get into and like will probably be the least affordable.</p>

<p>I would advise not applying ED to ANY college unless you can pay the full cost of attendance, as ED is a binding contract. While a school can't FORCE you to attend, breaking your contract could affect your admission to other colleges. Also, our appeal yielded only a 20% match of money offered by another private college. I don't know if this is normal...your results may vary!</p>

<p>If you are accepted under ED, CMU guarantees to meet full demonstrated financial need.</p>

<p>CMU's FA-Merit Aid policy and practices. If you have the talent, they can be very generous. </p>

<p>very few things is really about money. Its VALUE. You may not understand this at your economic experience, but as you get that maturity, things will be more clear.</p>

<p>Same here, CMU is the place I like the most and I have a good chance at getting in but most likely I won't go because of money. sigh.</p>

<p>CMU started guaranteeing to meet need-based aid for ED applicants this year..</p>

<p>Talking to Cornell's former Dean of Admissions (I think that was the title) earlier this year, he said the the student can legally back out of early decision acceptance if they deem the Financial Aid package to be unsuitable, and it won't hurt your chances of admission at other schools.</p>