<p>Hi, I would like to ask the people who have already applied or wish to apply to the US colleges that how do u plan to afford the cost of an us university.
I sometimes fail to understand how someone can afford 1 crore for studying in the us. I plan to ask for finaid bcoz even though it will diminish my chances of getting accepted, i will have a chance to study abroad.
Have some people applied for scholarships or taken loans?? Please share your insight here.</p>
<p>Well, the most attractive option is not scholarships. The most preferred option is asking for financial aid. Colleges provide aid on the basis of your parents yearly income. Being short on time, I suggest you Google the concept before me or someone else comes back and provides a deeper insight.</p>
<p>well, I very well know what finaid is Tizil. But the fact is it is quite clear that asking finaid diminishes ur chance of getting accepted. Well, in what colleges do we have a chance ??</p>
<p>Oh, sorry :p</p>
<p>There are also “need-blind” schools for international students such as Harvard, Princeton, Yale, Dartmouth and Amherst which do not take into consideration your ability to pay the sticker price. Your chances will no be diminished at these places.</p>
<p>Others like Columbia, Brown, Penn, Cornell are “need-aware” (or some wordplay on that) which basically means that they care about how much money you can pay. The more you can pay, the more chances you have at these places.</p>
<p>The third category, which includes other universities (mostly public schools) like UC Berkeley, UCLA, Georgia Tech, UIUC, outright say that they will not provide you with any kind of financial assistance. That is, if you are accepted and intend to attend, then you will have to bear the full burden of the costs.</p>
<p>The 6 need blind institutions are Harvard, Yale, Princeton, Dartmouth, Amherst and MIT. </p>
<p>Most other top schools (the rest of the Ivies, Stanford, LAC’s like Williams, Haverford etc) do give aid to a few internationals every year. That number varies vastly from 5 at the smaller places to even 75 at the larger schools. As Tizil said if you need less aid your chances go up.</p>
<p>In the batches that graduated before me at my school, the students who applied for aid during ED generally found more success than those who applied for aid EA or RD. This is contrary to general opinion that you should not apply for aid ED as you will not have the chance to compare offers, but at schools which are need-sensitive, the commitment of binding admission might improve your aid offer. In any case, if a student is accepted ED but does not find the aid package sufficient, you can back out of the ED agreement.</p>
<p>To be noted, 17ers:</p>
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<p>Well if I ask finaid of 50% at the need blind ivies, then what do u think are my chances</p>
<p>talk.collegeconfidential.com/india/1278326-what-my-chances.html#post13769904</p>
<p>the lesser you ask the better it is thats how it goes ,u have nice stats ,be confident and u have to leave this upto the adcoms.
Worry about your essays they are the most important thing,I didn’t work on my essays and thats what I regret most ,so start working on essays asap.</p>
<p>Mrinal, at need-blind schools, it doesn’t matter how much or if you ask for aid.</p>
<p>Mrinal ,I replied concerning need based ivies</p>