I was wondering if anyone knows which colleges are known for being stingy with financial aid? I want to avoid applying to schools that won't offer much help. Thanks!
Hello! It's great to see that you're taking financial aid into consideration during your college search. Identifying colleges that are stingy with aid can be challenging, as each institution has its own financial aid policies. Nonetheless, there are some factors you can consider when researching colleges.
First, check if a college is need-blind or need-aware in its admissions process. Need-blind schools, such as Harvard, Yale, and Princeton, do not consider an applicant's financial need when making admissions decisions and typically commit to meeting the full demonstrated need of admitted students. This doesn't guarantee that all need-blind schools are generous with aid, but it's a factor to consider.
Another factor is the percentage of students receiving financial aid at a given college. A higher percentage may indicate a more generous aid policy. However, this isn't a foolproof indicator, as some schools may have more students with financial need than others.
Lastly, you can research the average financial aid package offered by a college. This information can usually be found on a school's website. Keep in mind that the average aid package may not be representative of what you will receive, as aid packages can vary greatly depending on your specific financial situation and the college's available resources.
Best of luck in your college search!
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