<p>I've read that colleges like Yale and Harvard give need-based financial aid to international students, and that they will basically fund your degree if you can't pay for it (cover 100% of needs, etc). I was just wondering if anyone has had experience with this, is it realistic to expect colleges to cover all costs that I can't pay, especially being an international student?</p>
<p>at Yale, Harvard and even Princeton (few of the richest schools in the US) you can probably expect them to cover all the costs you cant pay.</p>
<p>hello: Why the 'even'? Harvard, Yale, Princeton, MIT and a few others are both need-blind in admissions and promise to cover 100% of demonstrated need (and, from my friends' experience, they do). A few others are need blind (I think Georgetown is one) but don't promise to cover all need. Still others, like Stanford, are not need-blind in admissions, but promise to cover all demonstrated need if you get in. </p>
<p>(This applies to international applicants only, obviously).</p>
<p>Although MIT is need Blind, they are not so generous with Financial Aid. The OP asked whether it is reasonable to expect 100% aid at these colleges and the answer is yes for HYP.</p>
<p>I think you misunderstand: I was wondering why you used 'even' before Princeton when Princeton has one of the best fin. aid programs (for everyone) in the States. </p>
<p>I didn't know that MIT was stingy on aid - but then again, no one I know ever got in.</p>
<p>'even' - coz the OP didn't mention P'ton</p>
<p>Ahh.... (lightbulb)</p>
<p>dont you just love it when things like this happen :D</p>
<p>Hm. Not when I'm the one who seems stupid at the end of it. <em>pouts</em> (j/k)</p>
<p>
[quote]
I didn't know that MIT was stingy on aid - but then again, no one I know ever got in.
[/quote]
I know someone who's at MIT and he gets so much aid that he has money left over each month even after a relatively comfortable spending allowance.</p>
<p>maybe he's too frugal :D</p>
<p>hello--
you seem to have something against MIT... But anyway, I know someone who got a very generous finaid package from MIT as well</p>
<p>
</p>
<p>I disagree with that clause. Applying for aid at Stanford will certainly diminish your chances and they have clearly stated that VERY LIMITED financial aid is available for international students. They give out an average of $25,000 per annum as financial aid for international students.</p>
<p>Indeed, which is why they are not need blind. If they let you in, though, they will cover all need demonstrated.</p>
<p>Only about 25 international students get aid at Stanford.</p>
<p>I don't get it. They have one of the biggest endowments in the country, even when measured per student, they just finished a 1 billion dollar campaign for undergraduate education, and it is in their best interest to fork out a little more for international aid: it encourages more talented people to apply, raises their profile and their selectivity. Why doesn't Stanford offer need-blind admission and aid to foreign students?</p>
<p>Harvard has 19billion and Yale 13billion. Stanford has much less than that. And then, Americans first. California is a very expensive place to live in and it is one of the hardest places to get financial aid, much less, scholarships.</p>
<p>hi everyone, thanks for all your replies. I have another question about financial aid (I know this is not exactly the right section, but since I started the post here...). So, if colleges like Harvard, Yale, Princeton will cover 100% of costs you can't pay - and it sounds as though they can definitely afford to! - is that money all a grant, or a combination of loans and grants? because I think they changed their policy about that recently...I just wanted to be clear.</p>
<p>I think that at harvard and yale you'll get some combination of loans and grants, but at princeton there are no loans.</p>
<p>Harvard and Yale offer grants, loans and student-work. Princeton offers grants only - no loans, no work. Harvard, however, does not expect your parents to contribute a penny if they earn less than $40,000 a year.</p>