Out of University of Pennsylvania, Cornell University,
Georgetown University, New York University,
University of North Carolina at Chapel Hill, University of Virginia, Northeastern University, University of Michigan-Ann Arbor, and Carnegie Mellon University, which give the best financial aid/merit scholarships? Which would you say are the most affordable? I live in New York and my parents make around 100k a year by the way.
We gotta know your grades and test scores before we know if it is even worth your time applying to these schools.
Cornell doesn’t give merit based aid. I don’t believe Penn does either. CMU only gives merit to performance majors. NYU is known to be very stingy with aid and generally speaking, OOS flagships are giving their money to their instate applicants.
Remember that at this level of school they are turning away thousands of students every year. The place to hunt for merit is with your safety schools.
Run the net price calculators to see if you qualify for need based aid.
Run the net price calculators for each college.
You have to run the NPCs for each college. There is not one definitive answer.
Also, note that if you are reaching for admission at a given college, you are unlikely to get merit scholarships (if any). Merit scholarships are the college’s way of trying to attract the most desirable (to it) students; from the merit scholarship student’s point of view, the college is probably a low match or safety for admission (or if the college is a “reach for everyone” college, any merit scholarships should be considered super-reach).
If the college is an admission reach for you, it needs to be affordable at list price or with need-based financial aid.
4.0 GPA and 1510 SAT. And i know running NPC calculators is the best bet, but I am asking IN GENERAL. Which you are the most affordable and which provide the best/highest percentage of aid?
Not even merit, which of these colleges give the most generous financial aid?
This is info can be found in the colleges common data sets.
Since the schools you listed in your query are in the T20, so it is not irrelevant for me to point out that among the T20, MIT, Harvard, Yale, Princeton and Stanford give out very substantial grants, making them “affordable”, even for families with income in the 100 to 150K range, whereas schools such as Brown, Carnegie Mellon, Cornell, Dartmouth, Vanderbilt, Johns Hopkins give less to these families.
Run the net price calculator (or ask your parents to do that) on each college’s web site to get an idea of what FA it may offer for your specific financial situation.
Also, your major matters. I know U Michigan has different prices for different majors. Ross Business, for example, is more than others.
UMich, UVA, and UNC will be on the expensive side of the list.
UNC meets full need based on the Fafsa efc, despite also requiring the profile. UVA meets full need but also uses the profile as part of the calculation. I would take Michigan off the list…your income is too high.
Use the NPCs for the others and see if the cost looks ok.
I believe that UVA does 7k loans and 4K work/study for OSS. So, you pay the first 11k of need.
I think UVA is worth investigating with the NPC…it can be eliminated if the cost is too high.
U Mich does not do much aid (merit or need) for OOS students.
Northeastern and NYU are known for being pretty stingy with aid.
Cornell has very little merit aid but I think pretty good need aid. Not sure about the others on your list.
So with all this combined, would it make sense to take off UMich, NYU, and maybe Northeastern?
What do their net price calculators tell you?
Haven’t done them yet