<p>Ok so I'm a URM (Hispanic) planning on applying to some Ivy league schools like Dartmouth, Columbia, and Harvard</p>
<p>If I do happen to get in to any of the above, Will I qualify for financial aid. My parents made a combined total of $30,000 this year. Obviously, this is no where near the amount of money that the above schools cost. Is there a possibility of full tuition covered? My scores/GPA are pretty decent. My SAT score is a 2100 (Planning on retaking for 2250+), and my class rank is in the top 10 people.</p>
<p>The Ivies do not give students scholarships for merit, they give grants/loans/work study opportunities based on need. So, your grades/scores/application particulars will be what get you admitted to the schools, if possible, but your FAFSA, CSS profile, and IDOC will be how that schools determine what Financial Aid you will get. You will need to file one or more of these forms to be considered for aid to all colleges.</p>
<p>It is an excellent scholarship opportunity for high achieving low-income students to be matched to some of the highest level schools in the US and receive excellent financial aid packages. The application process is rigorous, but worth it.</p>
<p>If you are admitted to an Ivy League with that income I can almost guarantee a free ride. My parents make about twice that much and the only money I have to pay is in a term-time job. My family doesn’t have to pay a cent.</p>
<p>Keep in mind that if you have few or no assets, any school that guarantees to meet 100% need with no loans is going to give you almost a full ride. You’ll probably have a $2000 (or so) student contribution, a $2000 (or so) work study contribution, and, unless you’ve got a ton of hidden assets, at worst a $2000 parent contribution (but probably not anything).</p>
<p>Also, it would be worth finding out if you have an Automatic 0 EFC. A family with an income of less than $30,000 that is eligible to use a 1040 or 1040EZ has an Automatic 0 EFC. An Automatic 0 EFC is better than any other 0 EFC because it means that the students income (and assets, I think, but don’t quote me) are NOT considered. So if you have a part time job, your earnings will not count against you no matter how much you made, if you qualify for the Automatic 0 EFC. You can also try to pass the Simplified Needs Test, but I don’t know much about that.</p>