Merit aid is by far the most desirable form of student aid: it typically comes in large amounts and in the form of grants and scholarships. But figuring out in advance how much aid you’re likely to get can be difficult if not downright impossible. So how you do, as a parent, help your student find a good merit aid…
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Is the aid award from your first-choice school insufficient? The New York Times offers some tips for appealing here. A couple of key points in the article:
If your student’s dream school didn’t show her the money, you might be considering appealing the aid award. If so, this article by college consultant Lynn O’Shaughnessy has some helpful tips.
Merit aid is often awarded based on GPA and test scores. Significantly changing your GPA is challenging, especially if you’re already a junior. So knocking it out of the park on the SAT or ACT is one of the best quick-fixes around for increasing your chances of receiving merit aid.
I love when my readers suggest topics and posts for me! Today’s Wall Street Journal has an interesting discussion among a high school senior, a recruiting director for a major professional services firm, and a college professor, about whether or not prestigious colleges are worth the money. The article is here.