Archive for February 26th, 2013

February 26, 2013

Colleges with highest percentages of students receiving merit aid

by Grace

Top 10 merit aid colleges for the 2011-12 school year as compiled by US News & World Report


… Merit aid may be awarded for outstanding academic achievement or for other reasons not tied to academics….

On average, 13 percent of students who had no financial need received some amount of merit grants or scholarships for the 2011-2012 school year, according to data reported by 1,084 colleges to U.S. News in the 2012 annual survey.

The top ten list of schools includes some highly ranked institutions.  Unfortunately, Cooper Union may soon end its free tuition policy due to a “dire budgetary situation“.  Rhodes College in Memphis is one of the Colleges That Change Lives.

The entire list of “colleges that report the highest percentage of their students in the 2011-2012 academic year who “had no financial need and who were awarded institutional non-need-based scholarship or grant aid” excluding athletic awards and tuition benefits” can be found on the US News website.  You may want to check it out, especially if you do not expect to qualify for need-based aid.  Be sure to check details like criteria used in selecting recipients and average merit award amounts.

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