<p>I'm looking for an Undergraduate program that has good programs in these majors/minors</p>
<p>Major: Chemical Engineering, Materials Science, other Engineering
Minor: Business (management, business administration, entrepeneurship)</p>
<p>& has good financial aid for income between 100,000</p>
<p>There are very few schools that have good aid for those making over $100K, and most that do–some ivies and top LACs–are not know for good engineering and business. If you have the stats, Penn and MIT would be good choices.</p>
<p>So MIT does give pretty good aid? Any other names you could throw out?</p>
<p>*& has good financial aid for income between 100,000 *</p>
<p>Sorry, but if you’ll be needing a good amount of financial aid (more than just some money in work-study, loans, summer work, small grant, etc), then you pretty much have to go with the following strategy…</p>
<p>1) Get into Harvard, Yale, or Princeton (they’re the ones with the super aid for even higher incomes). Admittance is very tough.</p>
<p>2) Apply to schools that will might give you some good merit for your stats. (not assured, so these will be “maybe” reach/matches.)</p>
<p>3) Apply to schools that will give you assured big merit for your stats. (Financial safety schools)</p>
<p>4) Apply to your local state school if you can afford the tuition and books. (another financial safety school)</p>
<p>So, how much will your parents pay each year? that will largely decide where you should apply and where you can afford to go to school?</p>
<p>What are your stats?</p>
<p>edited to add…Penn and MIT’s aid is relative to a high income person. </p>
<p>To a person with a $100k income that can pay $35k each year while the school gives the difference in loans, work-study, and grants, that would be good aid. </p>
<p>However, to the same person who can only pay $15k per year, the aid from MIT and Penn will be inadequate because they’ll end up with a big gap in aid.</p>
<p>So, it depends on how much your family can pay. </p>
<p>Your EFC will likely be in the $35k range.</p>
<p>My parents can pay only about $15 to 20k a year. I realize that my family’s income may be relatively high, but do these schools look at other factors such as savings and the number of college bound children in your family?</p>
<p>Quick stats: 2300 SAT, 35 ACT
4.10 W GPA
3.85 UW GPA
Best thing on my resume: Honors Achievement in the National Chemistry Olympiad (Top 150 in the nation)</p>
<p>-Are Harvard, Yale, and Princeton the only ones with “super-aid”? I’ve gotten letters from them talking about financial aid which is how I got the idea in my head that all schools would be able to give me significant aid
-What are some schools that would give me good merit for my stats, are there some examples of financial safety schools?</p>
<p>My safety school is going to be my state flagship university… since you’d be in-state, it’d be alot cheaper than anywhere else. Other schools with “super-aid”… I’d say you could include Stanford and Columbia… but I may be wrong about that.</p>
<p>But with your interests… look into MIT as a possibility.</p>
<p>My parents can pay only about $15 to 20k a year. I realize that my family’s income may be relatively high, but do these schools look at other factors such as savings and the number of college bound children in your family?</p>
<p>The number of people in the family will make <em>some</em> difference, but not enough to overcome a $200k+ income. Your expected family contribution will still likely meet or nearly-meed the Cost of Attendance. </p>
<p>Even with no savings, schools will likely expect a family of 7 who earns about $210k to spend about $60k per year towards their children’s college costs. </p>
<p>So, you can’t expect much, if any, FA…even from HYPs. </p>
<p>You have to understand that schools expect families to pay for their kids and can only help those who have no money sources.</p>
<p>You can apply to a school like MIT, but I know a student whose family of 5 who earns about $95k (no assets). That MIT student’s family had an expected family contribution of $16k plus about $5-6k for student contribution. So, your family would have a much higher expected family contribution.</p>
<p>Columbia doesn’t have the super-aid like HYPs. And, Stanford’s extra aid is not for high income families. It’s for low income families…like those who earn under $60k.</p>
<p>*
-Are Harvard, Yale, and Princeton the only ones with “super-aid”? *</p>
<p>Yes, but even they aren’t likely going to make up the shortfall you need with your family’s income. Even they would expect more than a $15-20k annual contribution. </p>
<p>*-What are some schools that would give me good merit for my stats, are there some examples of financial safety schools? *</p>
<p>There are two types of schools you need to apply to for scholarships…</p>
<p>1) Schools that might give you a big scholarship (not assured). These schools have competitive scholarships that you might get. Schools like…Vandy, USC, …</p>
<p>2) Schools that you know will give you assured BIG scholarships for your stats. </p>
<p>AUTO SCHOLARSHIPS…$$$ CC Important links to Auto Scholarships… </p>
<p><a href=“http://talk.collegeconfidential.com/financial-aid-scholarships/848226-important-links-automatic-guaranteed-merit-scholarships.html[/url]”>http://talk.collegeconfidential.com/financial-aid-scholarships/848226-important-links-automatic-guaranteed-merit-scholarships.html</a></p>
<p>Do not leave yourself unprotected. If your parents can’t pay at least $40k per year, you need to apply to some schools that will give you big merit.</p>
<p>If you do very well throw an app in at Rose Hulman sometimes they give decent aid. Other schools to look at Olin who waves 1/2 their tuition Cooper Union who gives full scholarship to all students and there are 1 or 2 more out there with the same type of deal just look into it a bit more. Best of luck with your search.</p>
<p>^^^</p>
<p>When you say that RH gives “decent aid,” are you talking about financial aid or merit scholarships. There’s no way the OP would get FA from RH. however, if RH gives big merit, then that would be a possible choice. </p>
<p>Folks…keep in mind that this student’s family has a very high income. So, schools that give “good FA” to middle class families aren’t going to give this student “good FA.”</p>
<p>RH gives decent merit aid I received 12k in merit scholarship and 5k in a grant. I don’t guarantee anything but he can give them a call and talk to their FA office. Very nice people there that are pretty straightforward.</p>
<p>Edit: I transfered in but my HS career looks no where near as good as the OP.</p>
<p>“The number of people in the family will make <em>some</em> difference, but not enough to overcome a $200k+ income. Your expected family contribution will still likely meet or nearly-meed the Cost of Attendance.”</p>
<p>Okay, I really shouldn’t be saying this, but I think there may be some confusion about our income. My family’s income is $120,000. Also, my family size is 5.</p>
<p>Outside of HYPS, schools will generally expect families making $120K with only one in college to pay more than $20K, just based on income. Then they’ll look at savings and most privates will look at home equity. This is why many, many kids in that income bracket attend state schools.</p>
<p>With your stats, merit aid schools may be the way. But your family needs to look at the long term picture. Will two or more of you be in school most years? Do the others have your kind of stats that will get them into schools that meet need? If yes, privates outside of HYPS may be more doable. They may have to pay more than $20K your first year but then be able to pay that amount or close for two the next year.</p>
<p>*
Okay, I really shouldn’t be saying this, but I think there may be some confusion about our income. My family’s income is $120,000. Also, my family size is 5.*</p>
<p>Oops…I got you mixed up with another student - similar situation - higher income, bigger family. Sorry…</p>
<p>OK…with that approx income and family size (without big assets), is likely going to have a family expected contribution of about $33k. </p>
<p>So, a school like RH might give him a merit scholarship, but probably not much in a grant. Once a family contribution gets into that range, schools can complete an FA package with student loans, work-study, and a small grant or scholarship.</p>
<p>For instance…if…
COA is $50k
EFC is $33k
then…need is $17</p>
<p>so…“need” can be met with $5500 in student loans, $2500 in work-study, and $10k in grant/scholarship.</p>
<p>Keep in mind that if a $15k scholarship is given, that will reduce the loans or work-study…it won’t reduce the EFC.</p>
<p>So how much would Harvard, Yale, Princeton, and Stanford type schools expect me to contribute? I don’t want to sound stuck up, but these colleges (RH i’ve never heard of) that offer automatic scholarships…well, don’t sound that great. I’m trying to find a good undergraduate program for these majors that won’t cost a fortune, so that I have enough in my savings to attend a great graduate school.</p>
<p>There’s the rub, schools that will offer you a lot of merit money do so because you would not otherwise attend them. Very few top schools offer a dime in merit aid, though a few like Duke and Chicago do offer some.</p>
<p>HYPS would ask aprox 10% of your parent’s income plus a student summer earnings contribution, so under $20K. It gets more complicated if your assets are above average and some of them look at home equity. And it’s not HYPS type schools, it’s literally only these 4 schools that give anything close.</p>
<p>My financial aid stats are relatively similar to yours, and I get a bit less than $15,000 in total aid from my school…home equity=a pain, in terms of aid calculation. My family is making up most of the difference in loans, and it is a hardship, but I’m very lucky that my parents are willing to help me to follow my heart rather than a budget, as it were. </p>
<p>I know at Harvard and Yale, my family would have been expected to pay about $15,000 a year tuition, but most of the other similar schools…rest of the ivy’s, stanford, prestigious private university of choice…don’t have the dough to give that kind of aid.</p>
<p>I applied for aid at UChicago. They laughed. Rather rudely. </p>
<p>What is your in-state school?..in my case, I ultimately turned mine down, but the honors program at my state university is pretty well regarded, and they offer a ton of half and full tuition scholarships to middle class students who they figure will get into top ten schools who they want to lure away with cash. Don’t know what the case in your state is, but it could be worth looking into.</p>
<p>You also might want to look at schools like Emory and University of Washington Saint Louis, which offer more merit aid or special scholars programs. I don’t know specifically engineering, but they are both very strong in general. </p>
<p>There is some engineering school that gives full tuition…don’t remember who though… I think its pretty competitive, for obvious reasons, but could be worth looking into.</p>
<p>I also know someone who had Northrop Grumman foot the bill for their education, in exchange for working summers and then I think a five year commitment post grad…comp sci rather than engineering, and after the five years she went to grad school. That was a sweet deal…I think most companies that have programs like that are targeting lower-income brackets and/or minorities and/or women…google defense firms, government agencies, those type of places and maybe you’ll meet the criteria for a couple.</p>
<p>Emory has no engineering program proper, just a 3-2 arrangement with GT. Their business school is quite good, though.</p>
<p>The school Green is thinking of is Cooper Union. Olin also once offered full-tuition scholarships to all students, but sadly has cut back to half-tuition–temporarily, they say.</p>
<p>
</p>
<p>MBA, I presume?</p>
<p>You would be surprised by the quality of some of these schools–especially if we’re talking specific programs. A lot of bright kids end up at state schools, even second- or third-tier state schools, for whatever reason. Same goes for faculty: the third-tier public with a just-created engineering department might have several Caltech and MIT PhDs teaching there.</p>
<p>Two things. First I understand you may not have heard of Olin, Cooper Union or Rose Hulman but do your research and you will find that they are some of the best engineering schools out there. Second Look at what is called the SMART scholarship that the US government provides, if you can get it they pay full tuition plus a stipend at ANY school you go to.</p>