<p>I'm currently a sophomore in high school, and I plan to do premed.</p>
<p>I dont think Ivy League schools give scholarships.</p>
<p>Ivy League schools don’t give MERIT scholarships, so you’d only get a full ride if your family earned little enough to qualify for one.</p>
<p>JHU offers a [very] few merit scholarships; none are a “full ride” or even “full tuition.” Penn does not award merit aid. Penn only offers need-based aid.</p>
<p>Both JHU and Penn use the Profile to determine need. The Profile considers more assets than the FAFSA (and tends to return a higher EFC than FAFSA does). Both universities require non-custodial parent financial info. Both schools expect a student contribution from summer employment and work/study. JHU also expects all students who qualify for need- based aid to take out stafford loans.</p>
<p>So technically you can’t get a free ride (100% of COA) from either school.</p>
<p>Just a note on the Penn FA. Still have son’s offer, kept it because it was used to compare to p’ton’s offer. Penn’s was better, not by much but enough.</p>
<p>Son was in at Penn’s M & T (jerome Fisher program) and with an EFC of zero. Penn supplemented the summer contribution and work-study, also awarded some monies for laptop, travel and research. So full COA++, p’ton then waived summer contribution, and added tuition for summer classes since they don’t offer summer courses. And since senior thesis is mandatory and they cover the data costs depending on dept. and major/thesis the research component was matched that way (p’ton’s amount ended up larger, but did not know that upfront.) His outside scholies wiped out the work-study, allowing him to purchase a laptop plus other supplies.</p>
<p>From the start Penn’s offer was definitely “preferential” packaging but after matriculating to pton, their package more than matched up. Don’t know what penn’s package would have been had he actually attended. Might have changed as pton’s did after he was already there, either way up or down.</p>
<p>Kat</p>
<p>Penn doesn’t award merit however I do think there is a component in the need-based aid that is influenced by merit. Hence the term “preferential packaging.”</p>