<p>Does Colgate give out merit based scholarships?</p>
<p>No.
The top 200 accepted students are named Alumni Memorial Scholars - entitled to a one time grant of $5K for study or travel, and more favorable need-based financial aid.</p>
<p>Agree with the comment re: need-based aid. Colgate was much more generous to D than Rochester, Union, or Bucknell, though all received the same financial info.</p>
<p>Financial aid officer mentioned to me during accepted student days that Colgate is trying to sensitive to the financial aid squeeze experienced by the middle class.</p>
<p>Does the Alumni Memorial Scholarship come with other academic perks, such as guaranteed internships or research fellowships?</p>
<p>At the reception I attended, the former AMS head said that the only perks he could remember was first choice for dorms (and the 5k research grants).</p>