<p>so I posted a couple questions about OOS merit-based aid in another thread, but my questions got lost in some debate. anyway, I'm sure a lot of people are wondering about this...</p>
<p>"U-M provides both need- and merit-based aid to OOS students. Not as much as it would like, however."</p>
<p>does anyone know when OOS students find out about merit-based aid?</p>
<p>also, what percentage of OOS students get merit-based aid?</p>
<p>Apparently they will email you once they figure out how much aid they can give you (which I'm assuming is both need and merit based). They say they'll start emailing during march on a rolling basis. I had my CSS and FAFSA sent in ealry January and I don't have an email yet. So I'm guessing it's still going to take a while. I'm also OOS, so I guess that might have something to do with it.</p>
<p>merit based aid is on a rolling basis. for instance, i have a friend who got a 20k lsa scholarship on april 1st his senior year</p>
<p>a bunch (most?) of scholarships have already been offered. However, there will inevitably be people who turn down their scholarship offer, and as soon as this happens the school will offer it to somebody else.</p>
<p>do you know anything about your friend's stats? (GPA, SAT/ACT)</p>
<p>should I expect anything with a 4.0 umich GPA and 33 ACT?</p>
<p>don't know about this friend specifically. i personally received a very large scholarship with a 35/4.0, but i'm instate</p>
<p>generally, scholarship recipients have 34-36 range, though its really impossible to tell if you'll get anything without knowing your ec's, etc. its possible you'll get one of the smaller awards, but far from guaranteed</p>
<p>I spoke to a woman in the Financial Aid office last week who told me that almost all scholarships awarded to OOS students are need based.</p>
<p>i just received a scholarship from Michigan that was based on both merit and financial need (i'm oos)</p>
<p>i recieved a 20k per year oos scholarship when i applied two years ago. I got a week after I was accepted in December. My stats were 1530/2290 SAT, 34 ACT, 4.0 GPA.</p>
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I spoke to a woman in the Financial Aid office last week who told me that almost all scholarships awarded to OOS students are need based.
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</p>
<p>This isn't true. There's a ton of merit aid scholarships for OOS students.</p>
<p>I was just reporting what the woman in the Financial Aid office said to me. Those were her exact words. I hope it's not true!</p>
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I was just reporting what the woman in the Financial Aid office said to me. Those were her exact words. I hope it's not true!
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</p>
<p>I guess it's a relative question. I think in general that UM provides many more students with financial aid than merit aid, probably by a factor of 10 or more. The majority of students who receive good financial aid seem to be IS. On the other hand, the majority of students who receive the large merit scholarships are (in my experience) OOS. Still, the number of OOS students getting some kind of financial aid may be larger than that of OOSers who get merit aid.</p>
<p>This is just all due to the fact that large merit scholarships are rare at Michigan, even though there are probably far more such scholarships than at other comparable schools. But when there are 25,000 undergraduates, a few hundred scholarship recipients seems like a small number.</p>
<p>D just received a 10,000 a year merit award from U-Mich and a 3,500 a year Federal Direct loan from the financial aid office; she is dual degree. She was also told that she will be considered for academic merit aid at one school and talent merit aid at the other, on top of what the financial aid office gave her. I was told we would be notified the first week of April. She is OSS.</p>
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I was just reporting what the woman in the Financial Aid office said to me. Those were her exact words. I hope it's not true!
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I would concur momnewtothis. This answer consistant with the letter we got a few days even before my kid got the acceptance letter. The letter told us 'UofM dose offer merit scholarship to out of state student.' But when I went through the detail, it says the 'merit scholarship' to oos is based on the need. So we diddn't bother, cause we know we are not qualifying for the need based scholarship based on a letter we recieved from another EA college's FA office, which provides very generouse FA packages.</p>
<p>They call it merit-based scholarship to OOS because there are so many qualified OOS applying, they can't provide money to all of them, so they have to award to who has the good status and also show the need. I think its misleading the name. They should call it merit-need-based OOS grant or something.</p>
<p>We do not qualify for need, in fact our EFC is much higher than the price of Michigan.
We were given merit aid + loan + still being considered for more merit aid. I don't think you can generalize the aid situation at U-Mich</p>
<p>while the majority of scholarships to oos students have a need component, there are many that are need-blind.</p>
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They call it merit-based scholarship to OOS because there are so many qualified OOS applying, they can't provide money to all of them, so they have to award to who has the good status and also show the need.
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I don't think that's correct. Shipman, for example, is not based on need.</p>
<p>U-M does not guarantee to meet 100% needs for OOS students; thus the majority of the need-based scholarships for OOS are also awarded based on merit. There are, however, quite a number of merit scholarships that are need-blind.</p>
<p>
[quote]
They call it merit-based scholarship to OOS because there are so many qualified OOS applying, they can't provide money to all of them, so they have to award to who has the good status and also show the need. I think its misleading the name. They should call it merit-need-based OOS grant or something.
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<p>I don't want to disagree with what you say, because you may certainly be right. But there are, as GoBlue81 states above, a fairly large number of need-blind merit scholarships for OOS students. This number is at least in the hundreds (among all undergraduates at UM.)</p>
<p>wohoooooo, got my finaid pckg, and they're giving me $3,500 in loans for an entire year, out of 43k tuition.</p>
<p>soooo, off to the UNC forum...</p>
<p>"D just received a 10,000 a year merit award from U-Mich"</p>
<p>what is her gpa/sat/act?</p>
<p>Since I'm just her MOM I am not comfortable posting her specific stats. She has excellent grades, scores, and talent but no financial need.</p>