<p>'If you don’t expect merit money, schools that meet full need make endowment irrelevant."
Wait a minute. “Full Need” can mean lots of LOANS! Which a student must pay back! Unless a college specifically has stated that a students “financial need” will be met ENTIRELY with Grants, [ as HYS have done] then meeting a students “need” can mean taking on thousands of dollars of debt, which is not smart no matter your future profession. Some colleges have recently pulled back from their "no loan FA " pledges made a few years ago- Dartmouth did recently. So be very careful to fall for the “I can relax because the college says they meets full need” trap. Read the fine print.</p>