Financial Aid

<p>Does anyone know if scholarships accompany the financial packet?</p>

<p>Yes. I got some $16,000 scholarship, and $9,000 in grant, but that was it. Oddly, they didn't give me any federal loans, so if I were to attend, which is improbable, though not impossible, I would have to apply for loans on my own.</p>

<p>aBeautifulMind....was it a medalist scholarship or another kind? what grant did you get??? What other schools are you considering?</p>

<p>I got a $5,000/yr in Medal Award and $5,000 a year of merit "Housing Scholarship".</p>

<p>Yeah I saw that the average scholarship award was almost 28k last year....that sound right?</p>

<p>No, that was the average *financial aid package<a href="$28,734">/I</a> which includes scholarships, grants, work-studies, as well as loans. Here are some financial aid statistics:</p>

<p>Full-time freshman enrollment: 1,288
Number who applied for need-based aid: 1,014
Number who were judged to have need: 815
Number who were offered aid: 815
Number who had full need met: 491
Average percent of need met: 85%
Average financial aid package: $28,734
Average need-based loan: $6,507
Average need-based scholarship or grant award: $21,734
Average non-need based aid: $12,214
Average indebtedness at graduation: $27,125 </p>

<p>Source: CollegeBoard</p>

<p>what are yalls efc.... anyone know the averages?</p>

<p>that's kind of a personal question...the first part anyway.</p>

<p>So I got my Award letter notification. Does this seem right?</p>

<p>Rensselaer Merit Award: 14,000
Federal Perkins Loan: 4,000
Rensselaer Grant: 7,000
Housing Scholarship: 5,000
Fed College Work-Study: 2,000</p>

<h2>Fed. Sub. Stafford Loan: 3,500</h2>

<p>Total: 35,500</p>

<p>How does work study work? Whats is the Rensselaer Grant? I am a high school senior but I am concurrently attending a community college and was recently inducted into Phi Theta Kappa? I saw they gave another 5000 scholarship for transfer students? Do you think i would get it?</p>