<p>I'm thinking of applying to the Ivies and other top-notch colleges but I haven't taken the SAT or ACT yet. I probably would feel more comfortable with the ACT, and I'm not thinking of taking the SAT if I do really well on the ACT. I know it doesn't matter which one you take, but will the admission officers prefer someone who scored well on both the SAT and ACT rather than just the ACT.</p>
<p>Yes, as Baelor said, the Ivy League colleges only offer money on the basis of financial need, not merit.</p>
<p>I'd always heard that the SAT was more popular on the coasts, while the ACT was more popular in the mid-West/central USA. Now the majority of colleges will accept both though.</p>
<p>As for scholarships, apparently there are some which require the SAT (e.g. National Merit) and there are some which require the ACT. I don't know the names of any off hand, other than the National Merit one (National</a> Merit Scholarship Corporation - NMSP)</p>