Colleges That Give The Most Merit Aid
The United States spends $622 billion annually on higher education and more than 60% of that goes to private institutions. The average net cost for an undergraduate student at a private college is $33,480, which is almost double what the average public university student pays. The high price of tuition has led some schools to offer more merit aid to attract students with excellent academic records who could typically afford their school without any need-based aid. These colleges give the most need-based aid so you can save money while still getting your degree from an elite school!
Vassar College is a private, coeducational, liberal arts college in the town of Poughkeepsie, New York, United States. Vassar has an overall acceptance rate of 9% and student-to-faculty ratio of 8:1. The school was chartered as a women’s college in 1861 by Matthew Vassar and later renamed after him to honor his contribution. It was one of the first colleges to be founded in the state.
Vassar College has an overall acceptance rate of 9% and student-to-faculty ratio of 8:1. The school was chartered as a women’s college in 1861 by Matthew Vassar and later renamed after him to honor his contribution. It was one of the first colleges to be founded in the state.
The current president is Catharine Bond Hill
Washington and Lee University
Washington and Lee University is a private liberal arts college located in Lexington, Virginia. It was founded in 1749 by a group of 13 students and four teachers who were concerned about the quality of higher education in America. Washington and Lee has grown significantly over the years, with an enrollment today of 2,400 undergraduate students. Washington and Lee University is ranked #1 for Best Value Schools by U.S. News & World Report, as well as being ranked #1 for Most Beautiful Campus by Niche (a site that ranks colleges).
The university offers 36 undergraduate majors along with 37 minors, including several pre-professional programs such as law or medicine. Students can also choose from over 70 study abroad opportunities across 15 countries around the world.
Colby College is a private liberal arts college in Waterville, Maine. Established by an act of the Maine State Legislature in 1813 and named after early benefactor Thomas Colby, it was the first New England institution to be named after a living person. The school has an enrollment of 1,923 students, who are taught by a faculty that boasts five Nobel laureates.
Colby’s financial aid program is known as the “Colby Plan”, which is a need-blind admission policy and provides full tuition grants to all admitted students with demonstrated financial need.
Macalester College is a private liberal arts college located in Saint Paul, Minnesota. Macalester is a member of the Annapolis Group, a group of leading national liberal arts colleges that have institutional and academic similarities. It is also a member of the Associated Colleges of the Twin Cities (ACTC) consortium, which allows its students to take classes at any other ACTC school without paying additional fees or tuition.
Macalester was established in 1874 as an all-male school with an endowment from John Sargent Pillsbury, who left $100,000 after his death for the founding of what would become Macalester College. Its first president was William Rainey Harper (1851–1906), who served as president from 1874 until 1900 and helped design many buildings on campus today. Today it enrolls 2200 students each year into their undergraduate programs and offers degrees in more than 50 majors across five divisions: Arts & Sciences; Music; Dance; Applied Arts; Social Science & Public Policy
University of California, Los Angeles
The University of California, Los Angeles (UCLA) is a public research university located in the Westwood neighborhood of Los Angeles. It was founded in 1919 and is currently ranked one of the top five universities in America. UCLA has an undergraduate enrollment of 43,735 and a total graduate enrollment of 25,977.
The school participates in the National Merit Scholarship Program (NMS), which means that it gives out merit scholarships based on academic excellence to select students who apply for admission directly through their school’s websites or through College Board.
Cornell University is a private Ivy League university located in Ithaca, New York, United States. It is the only private land grant university in the state of New York, and the fifth-oldest university in the United States.
Hampshire College is a private liberal arts college located in Amherst, Massachusetts. It has a need-based financial aid policy and offers many scholarships to its students. Many of Hampshire’s courses are small, allowing for more one-on-one time between faculty members and students. These factors help make it one of the most competitive schools in the country: 98% of admitted students were in their top choice school last year.
The campus itself is beautiful; there are many green spaces and outdoor activities available to students such as hiking trails. The student body also takes part in several community service projects each year, including volunteering at local food banks and shelters during Thanksgiving break each year as well as participating in other service trips around New England during winter break months (when many other universities are closed).
University of Michigan – Ann Arbor
University of Michigan – Ann Arbor
Average merit aid: $19,973
Average need-based aid: $18,821
Percent of freshmen who receive grants: 100%
Percent of freshmen who receive loans: 0%
These colleges give the most need-based aid.
Another area you can look into is merit aid. For example, these 10 schools are all ranked in the top 50 of U.S. News & World Report’s Best Colleges rankings and offer students who meet their criteria a significant amount of need-based assistance:
- Amherst College
- Middlebury College
- Bowdoin College
- Williams College
So, without further ado, here are the top ten colleges that give the most merit aid. We hope you have found this article helpful!