one would have to think that needs plays a big part … and its the theoretical carrot … Schools are under significant financial crunches right now. VT doesn’t have the same endowment as a UVA or UNC.
It’s a win/win.
VT charges an extra $15-20K in tuition for OOS. Throw some kids a $5000 scholarship as a bone … and they’re still netting $10-15K MORE than they’d get from an IS student.
Not saying this is the primary or the only consideration when giving merit – but we’d be fools to believe that it’s not part of the equation.
My S was offered a $600 VT grant … that’s it. I’m not complaining but his stats are on par with others in his program. Not that it matters with VT (or so they say) … but FAFSA stats put nearly everything on me. I’d imagine that VT tries to close the gap and gives out some $$$ for true merit – but I’d have to think that financial need is the biggest determining factor…which would be fine if there were a larger in-statue contingent. No offense to any of you out-of-staters … but I made it known that going out of state wasn’t an option for them - unless they wanted to pick up the cost themselves.