<p>god no. that would suck SO much.
that would be evil...why would they by proxy make scholarships worthless by subtracting them from the part they would help you out with anyway?
or am i misinterpreting this...</p>
<p>Well, I'm an international from India. My finaid package was quite generous. I have to pay about $4000 annually. The rest is covered by a grant and a job.</p>
<p>yeah exactly, not too much incentive to do outside scholarships now!
...ouch. but im sure it'll get better with the fafsa??? or something??? maybe??? <em>cross fingers</em></p>
<p>They should at LEAST give you half of the scholarship toward EFC. They should encourage you to bring in outside money to reduce what they have to pay in grants, it would benefit everybody.
Bleh.</p>
<p>outside scholarships take away from the self-help. which is like the money youll earn in a job during the year or money from your savings account. so... scholarships are worth it. anything past $5500, i dont know though.</p>
<p>it says scholarships take away from the student loans that they expect you to take out, then the amount you're supposed to earn from work-study. so yeah, scholarships up to around $5000 help you if you don't want to be hugely in debt after college or so that you won't have to have a job on top of all that studying and partying. after $5000, they're really not worth it though.</p>
<p>I heard that internationals get less financial aid than US citizens. For you to pay only $4,000 is not fair. Also, Stanford has around $14bn in endowments.</p>
<p>ive heard that getting outside scholarships will also increase your family's expected contributions. does anyone have experience with this and/or know if its true?</p>
<p>
[quote]
I heard that internationals get less financial aid than US citizens.
[/quote]
Yeah, that's true. What that really means is that Stanford will only take 2-3 people from India with aid because most people from India want full aid. And anyway, the annual income of most people (who want finaid) in India is less than $40,000. That actually qualifies us for a full ride at HYPSM etc.</p>
<p>I finally got my aid package in the mail today...well, let's just say I'll have something to worry about this winter after all</p>
<p>I agree..Stanford is a little stingy. I have heard that if they raised their endowmenst spending by .5%, then most everyone coming in could have full rides.</p>
<p>From reading the posts it appears that parent commitment is between 25-35% of gross income. Has anyone experienced applying for finanacial aid where the parents are divorced? I heard they require disclosure of and use the combined income of both parents.</p>
<p>
[quote]
[quote]
</p>
<p>I heard that internationals get less financial aid than US citizens.
[/quote]
Yeah, that's true. What that really means is that Stanford will only take 2-3 people from India with aid because most people from India want full aid. And anyway, the annual income of most people (who want finaid) in India is less than $40,000. That actually qualifies us for a full ride at HYPSM etc.
[/quote]
</p>
<p>Oh yeah, I remember the info guy saying Stanford isn't need blind for internationals.</p>
<p>It's not just Stanford, most schools aren't...</p>
<p>This is true...and most of the schools that are need-blind for international students have quotas for the number of internationals they'll accept...</p>
<p>I didn't even apply for financial aid, because Oberlin College pays half of its tuition toward my college education, which evidently means it's unlikely I could get anything...</p>
<p>is it true that if you get into another (equally good) school that offers better finaid, you can sort of "negotiate" with stanford for a better deal?</p>
<p>i've heard of the negotiating thing. a guy from my school did that between harvard and stanford - he ended up at harvard</p>