<p>A good day to you!
I'm a typical need based student, but I'm worried about the loans.
would you guys(experts) please inform me, which Ivies offer finacial aid that need not to be paid back.(I saw princeton's webside, they distribute all their aid in grants, no loans)
and if possible, would you please also tell me which top colleges really burden their need-based students with a lot of loan?</p>
<p>You have a number of separate issues going on here.</p>
<p>First of all you should not think of the fact that you have loans a burden as most colleges believe that students should be and need to be active participants in the financing of their education. This is achieved by loans, student contributions from summmer earnings and working while in college.</p>
<p>If you are looking not to be burdened with loans, then you may need to shift your focus and look at schools that offer merit aid (which the ivies do not). If you beleive that you can be admitted into an ivy, you may also be eligible for merit based aid.</p>
<p>Regarding the ivies, it is not a matter of which schools don't burden thier students with loans, but the schools that offer no loans (princeton) or have initiatives with no loans/ reduced no EFCs in place for families earning low incomes (harvard, yale) have admit rates of less than 9% which means 91% of all of the applicants the majority which are qualified will not be admitted.</p>
<p>Brown does have an initiative in place where low income students will get increased grant aid and few few loans.</p>
<p>Dartmouth's inititiative is in place for families that earn $30,000 there will be no loans in the package.</p>
<p>Keep in mind that all of the ivies meet 100% of the demonstrated need of all of the students that they admit.</p>
<p>The other side of the coin is if you are an international student (reading from your post you have recently come here from China).</p>
<p>If you are an international student (not a U.S. citizen or permanent resident) than your ability to pay will be a factor in admissions at all of the Ivies except for Harvard, Yale Princeton. </p>
<p>Keep in mind that as an international student you wil be evaluated in the pool against all other international student for a little over 100 spots in an entering freshman class.</p>
<p>The rest of the ivies are only need blind to U.S. citizens, U.S. permanent residents and citizens of Canada and Mexico (and not all of the ivies are need blind to mexican and canadian citizens). In this case your ability to pay will be a factor in admissions and being a low income student will work against you.</p>
<p>Even amongst international students being of asian descent is going to be an uphill climb because (1) there will be a lot of international students from asia applying and (2) students of asian decent are considered over represented at all of the ivies.</p>
<p>As an international student who knows that they are going to need a lot of aid for college it is in your best interest to cast an extremely wide net because your chances of getting the money you need may be in the form of merit aid and not just look at the ivies.</p>
<p>all the best</p>
<p>Thank you so much for responding!
I'm a US perminent resident,and the FAFSA form asks about this, so,will they first distribute the availiable aid to meet US citizens, and then consider the perminant resident?
If I apply to UCs, which will offer the in state price for me if i am admitted, so, will I still be eligible for finacial aid?
Would you mind to inform me that the initiative of MIT,CIT,and stanford about their policy on finacial aid,more grants or loans?</p>
<pre><code> Thanks a lot!
</code></pre>
<p>The FAfsa is not used to distribute aid, it just means that as a US citizen or U.S. permanent resident, depending on your income you may be eligible for federal aid (loans, pell grants).</p>
<p>If you are admitted to the UCs you will most likely be eligible for aid, how much aid depends on they school. My advice is as you start researching schools, that you also begin to read and understand the financial aid policies for each school you are interested in.</p>
<p>MIT and CIT financial aid information and inititiatives (if any ) will be located on their website.</p>