Merit Scholarships Make Private Colleges More Affordable

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  In an effort to avoid losing students to lower-cost public schools, private colleges have been increasing merit-based aid in recent years, with a majority of private colleges awarding scholarships or grants based on merit. In 2018, the average institutional tuition discount rate reached a record high of nearly 50 percent among private colleges, … Read More

Financial Matters: Early Decision/ Early Action and Financial Aid

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Early Decision is a binding admissions decision plan. In exchange for receiving an earlier admissions decision, students applying ED agree that, if they’re admitted, they’ll attend that college and withdraw all of their other college applications. Typically, Early Decision plans have deadlines in early November. Since ED is a binding agreement, students who’ve carefully … Read More

The CSS Profile

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The bulk of college financial aid money comes from the federal government; this aid is distributed by colleges using information supplied by families when they complete the FAFSA (Free Application for Federal Student Aid), available on October 1st. About 400 colleges, universities and scholarship programs, however, use an additional form, the CSS Profile, to … Read More

Filing the FAFSA

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The FAFSA (Free Application for Federal Student Aid) is the primary form used by colleges to determine eligibility for need-based aid. In some cases, colleges will not consider an applicant for merit aid unless that student has first submitted a FAFSA. The FAFSA should be filed as soon as possible after October 1st of … Read More

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