Why do colleges offer merit scholarships?

<p>sylvan8798, I’m curious about your comment: “When S was looking (and now D), OTOH, we were able to get a very good idea at each place he applied what he was likely to be offered.” How were you able to get an idea on this?</p>

<p>I’m not sylvan, but I may be able to answer…</p>

<p>1) Some schools put the “assured scholarship” amounts right on their websites…if you have the stats, you get the money…often there is an app deadline, though.</p>

<p>2) Some schools don’t state that they award to all with particular stats, but they have a rep for doing so. We “knew” that our kids’ stats would get a $25k/yr award to Tulane, but I don’t think that was assured.</p>

<p>3) Some schools list scholarships on their websites that aren’t “assured”, but you can be somewhat confident that your child will get one if your child’s stats are well above the considered minimums…or your child’s stats (especially test scores) are well penetrated into the top quartile of the college.</p>

<p>The ones that are really iffy are the limited number ones. Those often are highly competitive and are unknown. </p>

<p>To be on the safe side, apply to at least 1- 2 schools that will award for stated stats.</p>