Financial Aid?

<p>I'm a high school junior researching colleges to apply to. Sarah Lawrence recently appeared on my radar, and I'm a bit curious. Considering that SLC is ranked as one of the most expensive institutions in the nation, how generous is its financial aid/scholarship policy?</p>

<p>Much depends on your need. SLC doesn’t use SAT scores for admissions. Not certain how merit works into scholarships. Your essays are the major weight in applications. Daughter was accepted last year. We had an EFC of 0. With a few loans, she received a full package. We were truly surprised. However, she chose another university a bit closer to home.</p>

<p>Alright, thanks. And congrats to your daughter.</p>

<p>They cover as much need as they can. Their merit scholarships are lacking and I’m unsure of how to get one. If your EFC is close to 0, you’ll have room and board to cover each year (about 15000). 70% of all students receive some sort of aid. If you choose this school, and it is a fantastic school I’m starting next year, you will need to take out approx. 15k each year in plus loans. </p>

<p>However, if you love this school, it’s worth it. I talked to a senior there who had to cover room and board on her own and she said it was the best decision she made. Good luck!</p>

<p>When I called the financial aid office at Sarah Lawrence, I was told that there are no merit awards. And from their website: “Sarah Lawrence College does not award merit scholarships. Financial Aid is based entirely on need.” So although they list a lot of scholarships on their financial aid page, they are still only available to those with need. For those with an EFC at around 40, it’s hard to afford this school. If anyone has any different information on this, it would be great to know.</p>

<p>I need it. I barely got any, and for a school that costs 57,000$ a year, that’s bad.</p>

<p>Because of that, I deferred my dream school, and in a year I’ll probably have to deny admission, go to the state school I never wanted to attend in the first place, and get a degree I have no interest in studying for (since they don’t actually offer my degree).</p>