Trustee Scholarship

<p>Is the Trustee Scholarship (this is the full ride, right?) awarded early for EA applicants?</p>

<p>In other words, is it still a possibility for me?</p>

<p>I’m pretty sure they only award them sometime in march. I’m hoping for one as well, but the very tiny number of them keeps me from getting my hopes up.</p>

<p>I think they award them early too. Someone from my school got a Trustee Scholarship already for early action.</p>

<p>I doubt if anyone has received the Trustee Scholarship at this point, despite what they may claim.</p>

<p>The student in my school most definitely got into Northeastern with a full ride. And she applied early action this year.</p>

<p>Full ride=Trustee scholarship</p>

<p>If you don’t believe it, I guess I can’t prove it to you. I’m just telling you it’s possible.</p>

<p>the most merit scholarship that has been given out so far is 20k. but need based financial aid is added to this so this could very easily cover full tuition.
which means full ride does not equal trustee scholarship</p>

<p>No, it is not possible. Don’t believe everything other students tell you.</p>

<p>Full tuition is not full ride. Full ride is tuition, room and board.</p>

<p>^^how do you know the most given out so far is 20k? Because the student got a trustee. Trust me, it was big news at our school.</p>

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<p>Trustee scholarship is full ride. National merit is full tuition. Dean’s scholarship maxes at 20k.</p>

<p>Does everyone who gets the Trustee Scholarship also get the Dean’s Scholarship?
Any guesses how many of the people who get the Dean’s Scholarship or the National Merit Scholarship later get the Trustee Scholarship?</p>

<p>My .02 worth…D got the Dean’s scholarship (20,000 first year then 10,000 for every semester afterwards (co-op). While this is awesome, I am hoping she gets more merit aid. She is not a National Merit Finalist though.</p>

<p>if you got a trustee scholarship, the dean’s scholarship would be inapplicable because trustee is already full ride. if you got the dean scholarship already, i’m 99% sure you won’t get the trustee scholarship.</p>

<p>blcsmn99—what year is your D in? How does she like NEU and what is her intended major? My D got into Honors Program for 2011 with Dean’s scholarship. She’s waiting on other colleges’ decisions before she decides where to go. Would love some feedback from families at NEU now, especially with regard to fin aid in the years after freshman. Am worried that we might not be able to afford 2nd year and beyond.</p>

<p>No, two above is wrong (sorry). If you got a Dean’s they can still email you after they go through RD applicants and offer you the Trustee (or NMF). That means you were pretty competitive, but they still wanted to check compared to the RD applicants to make sure. It’s happened before, including last year.</p>

<p>But it doesn’t happen to many people, so try not to hold your breath for getting more aid. Most people are just going to get what they were offered after EA. </p>

<p>As for financial aid in years 2 and beyond, your scholarship carries over. So long as you don’t do may more semester than you have to (like stay for five years without doing a co-op in a major that can be finished in three…) it will stay with you. Your need-based could change depending on your FAFSA for each year, but most people stay around vaguely the same area, unless you bump up past the 250k mark when they start hitting you hard. Also keep in mind what everyone is always pointing out here- you don’t be tuition when you’re on co-op. You still have to pay for housing in Boston, which isn’t cheap, but at least you don’t pay the 18k or whatever tuition is for each full semester now.</p>

<p>My parents and I have had the financial aid discussion a hundred times, so what I’d advise is to decide right now if you can or can’t take out loans, and if yes, can you take out private loans. I have full federal loans and my parents have a 10k per year federal parent plus loan (and they use a payment plan that spaces the total out over 10 months to make it easier), but they pay the rest out of pocket. If that’s not an option, you may need private loans, which usually have higher rates and stiffer penalties on lateness. I love northeastern and to me, it’s very much worth it to go through all the loan stuff. I’m even going to grad school and taking all of those loans on myself (no parents), but I’m also confident that my work experience, grades, chosen career path, and future masters will get me a job that allows me to pay them off slowly. Plus I’m used to living off of bread and peanut butter. </p>

<p>Just don’t allow yourself to get into the situation where you eat up your cash reserves after two years, but you can’t get a private loan- cause then you’re in trouble.</p>

<p>Neuchimie- if you don’t mind my asking-- what is your major and regarding grad school–is it necessary for your intended career? I ask that because it seems that with the co-op program, we are led to believe that students will (mostly) be able to get jobs (start their careers) right out of NEU.</p>

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<p>Yes. Absolutely yes. I actually just posted this in another thread. I’m a senior and none of my friends are concerned about finding jobs. It’s actually the opposite… we have lots of options and are in the position where we can be really choosy. I haven’t started the job search yet (ah, get off CC and start doing that!!!) but with years of work experience, several great employer recs, and all the connections that co-op has given me, I’m not worried (my boss said recently, “where do you want to live? I have friends all over, I could always give them a call. Or you can always work here.” Also, a friend of mine worked in DC on co-op and referred me to her boss–even our classmates are good connections!). We’re all sort of in this position, not just me. We aren’t worried about finding a job. We’re not even worried about finding a good job. That’s a pretty sweet position to be in considering the economy.</p>

<p>As for grad school, I’d say nearly half of my friends are planning on it. It’s never because they’re worried about getting a job and think “well… I guess… I’ll just go to grad school since no one will hire me…”, it’s because they want to and/or have chosen fields where they’ll be able to really utilize a phd/md/ma/mph/mba. I assume neuchimie is in the same boat–I can’t imagine that she’s freaking out about being unemployable!</p>

<p>It is ABSOLUTELY like above. Even for majors that are infamous elsewhere for not getting jobs (sociology, for example) have options, because of co-op and networking. And the “classmates” thing is actually much bigger than Emily made it out to be. At the end of co-op nearly every supervisor asks their current co-op for any suggestions on who to hire for next time, and it’s much easier than you’d think to hand a resume over to your supervisor for a friend that is looking for a job after graduation. Northeastern doesn’t have the crazy-close alumni group that some Ivies do (I know Princeton is famous for it), but because we have so many connections EVERYWHERE in employment, it’s really easy to network here.</p>

<p>I’m an economics and mathematics student, and I’ll graduate with 2 co-ops. I already have one very good recommendation from an employer, I’ve kept my gpa up, and I’ve gone to like four networking events hosted by the business school (other schools have it to, but I have just gone to theirs). I’m looking at going into quantitative finance, which requires very specific knowledge for financial modeling- so yes, I’d need a masters in quantitative finance. I’m considering a lot of other things as well, though. But I’m in a strange position, because I really would like to move to the UK after graduation but due to recent immigration policies you pretty much have to be a student. If I decided grad school wasn’t for me and I decided to stay in the US, I am 100% confident that I would have no trouble finding a job.</p>

<p>Oh, and I also had the same thing Emily said, where my last co-op employer told me that if I was sticking around the area after graduation, I should give him a call and he’d hire me. It happens pretty often, if you do good work. One of the reasons (and according to everyone I’ve talked to while on coop, the biggest reason) its hard for college graduates to get jobs is because there is no reference- not just because they don’t have experience. But with co-op, it shows that someone trusted you to give you significant work for 6 months, and that (if you do multiple) you did a good enough job for other people to trust you too. If they have doubts, they can read a rec or call them up. And we’re paid (mostly), unlike many summer internships, so there was more of a risk in co-op. Every single person at my last co-op would rant in the coffee room about how great the program was because when you graduated, you had people to say “oh yeah, you should hire them, I wish I could”.</p>

<p>Thank you, thank you, thank you both! You made me feel so much better about my D’s position now. I always thought NEU was good, but to hear what you’ve said, in this scary economy, makes me feel that even if D got into some of the other schools on her list (like Smith, Clark, Tufts, UPENN, Brown), NEU is still the best!</p>

<p>I agree with upstatemom. Thank you so much neuchimie and Emily2007 for your posts. Wow, that’s so good to hear! I feel like I’m definitely leaning towards Northeastern now. :)</p>

<p>Back to the topic:</p>

<p>I talked to someone from admissions, and she said that all EA applicants have already been evaluated for all scholarships. An EA applicant can’t get the Trustee scholarship during the RD round.</p>

<p>The top 1% of admitted students get this scholarship.</p>