<p>According to collegeboard, NYU's need based aid is determined by academics. However, Princeton Review tells me otherwise. "Factors such as test scores or athletic ability have no bearing on any aid designated need-based."- PR</p>
<p>I don't understand this. Please clear it up?
Thanks</p>
<p>Need based aid is determined by financial NEED. BUT NYU does not guarantee to meet full need for admitted students. Folks here have reported that IF NYU finds a student to be a highly desireable admit, they will offer a better institutional need based aid package. They can also offer merit aid to sweeten the pot. It’s their money…they can do with it as they please.</p>
<p>I think in the phrase you quoted, NYU is attempting to make clear that while they base aid awards on need, they won’t give all people with need the same award.</p>
<p>In other words you can have great stats and much need, and you may get much aid (the award calculated according to your need.) On the other hand you may get no aid if you have so-so stats and the same amount of need.</p>
<p>It’s a hedge, in other words, to NYU’s description of how their aid is based on need. Many schools do this, but they don’t usually call it need-based aid. It is merit aid, with a need component in its allocation and calculation.</p>
<p>Boston college average percent of need met is 100%. They also list that that their need-based aid is determined by academics.</p>
<p>Tey practice selective packaging, giving significantly better aid based on a sliding scale to certain students who they need. Do not count on them to meet your full need with or without laons until you actually see what they give you. Apply anyway just to see though.</p>
<p>In addition to BC, some other colleges such as the ivy leagues who have a 100% need met for their students, also list that their aid is determined by academics. </p>
<p>Its contradicting and confuses me. :/</p>
<p>Well…the Ivies give ONLY need based aid…but truly all accepted students are worthy academically. That is the case with most schools that meet full need.</p>
<p>all need based aid is not created equal</p>