<p>I have two kids in college now, both of whom were National Merit Finalists, and for some reason I checked into this at one time (but you should call the College Board to verify). I think once you are offered any merit aid related to the National Merit program, you cannot defer your first year. If that is the case, then taking a gap year will not help in terms of receiving a National Merit Scholarship award to any school.</p>
<p>However, if your son is seriously considering taking a gap year, then if he applies again next year he should possibly consider applying to other small liberal arts schools that also offer merit scholarships (e.g. University of Richmond, Washington & Lee, Furman University, Messiah College, etc.). You did not provide your son's GPA and test scores. If he is a National Merit Finalist, then he may possibly be in the range for these scholarships. Note that there is no guarantee that he will receive any better merit scholarship packages next year, so I personally would only defer if there were some strong reason why you think next year would generate better results.</p>
<p>If your EFC is low, then your son could also apply (either as a transfer student or after a gap year) to another private school that is not as difficult to get into as Princeton, Harvard, Williams, and Amherst but which also typically meets close to 100 percent of need (e.g. University of Richmond, University of Virginia, Colgate, Washington & Lee, Franklin & Marshall, Bucknell, Lehigh, Lafayette, etc.), and the financial aid may make it less expensive than Gordon College. Unfortunately, according to USNews, Liberty and Gordon only meet about 67% of financial need or less. The schools I mentioned meet close to 100% of financial need.</p>
<p>If your son will attend college this year, then it is difficult for others to provide advice given the information you have supplied (e.g. your EFC, your son's grades and test scores). The three college choices are quite different. Since you mention Liberty and Gordon, then I assume that you and/or your son are Christian. I am a (Christian) mechanical engineer with a PhD from MIT and not an expert on Computer Science, but in general Gordon College is academically stronger than Liberty. Your son is the one who would have to take out around $50,000 in loans. This is A LOT of money, but not necessarily insurmountable. Why does he prefer Gordon to Liberty? I would discuss with him how hard it may be to pay back that amount of money, and then you and he can decide if the difference in cost is worth it.</p>