<p>Even with the National Merit scholarship for an OOS student, that leaves 17000 a year to pay (though it's a steal for in-state kids) -- is financial aid for National Merit finalists still good enough to cover most of that cost for upper income students (100000k+, but with very little savings). Thanks.</p>
<p>The scholarship levels are as published on the website. Thereafter, financial aid is based on income and assets, and National Merit Scholarship status is irrelevant. New College is a public school and uses FAFSA to determine need, so you can run your numbers through an online FAFSA worksheet and see whether you qualify for any financial aid.</p>
<p>Sorry, I guess I phrased that wrong. I meant -- how good is the aid for upper incomes students (to cover that remaining 17k a year)? Taking into account that it is a public school, I would assume I would not get too much. Thanks!</p>
<p>The foundation provides merit scholarships. Take a look at this link and use the formula to see how much you should qualify for: New</a> College of Florida </p>
<p>I've heard them say that scholarships are awarded on a first come basis, so apply early! Good luck!!!</p>
<p>You don't need to "assume" anything. Other than the merit scholarships listed on the website, your eligibility for aid will be based on the FAFSA determination. There are many online sites where you can enter your parents' income and asset information and get a good idea of whether you qualify for any financial aid. FAFSA assumes a certain amount of parental and student savings for college, as well as parental and student borrowing for college. Given those amounts, NCF's relatively inexpensive cost even for OOS students, and your parents' income level, I would think it unlikely that you would qualify for any aid beyond the merit schoalrships posted on their website, which you already know about.</p>