[Ohiogift] Financial aid
Karen Rohde
krohde at berea.k12.oh.us
Wed Dec 14 09:17:19 EST 2016
Over the last decade, merit aid has really diminished because of the need-based aid going up so much. National Merit is good; very few schools offer full rides for that anymore, though. The best approach is reach, match and safety. You will get more $$ from the safety schools. Anne is right about being in the top 25%. I also agree with Anne in that most outside scholarships are time-consuming with minimal returns. After all the money has been weighed, make sure the school chosen is more about fit than money.
Karen Rohde
From: "Anne Flick via Ohiogift" <ohiogift at lists.osu.edu>
To: "Terry Adams" <terryyadams10 at gmail.com>, ohiogift at lists.osu.edu
Sent: Tuesday, December 13, 2016 7:16:23 PM
Subject: Re: [Ohiogift] Financial aid
Probably not the response you want, but Mark Kantrowitz points out that the real merit money comes from the college one attends. Outside scholarships are so negligible as a percentage of awards and can be so demanding in terms of time and effort that they are not worth that investment of time and effort.
A gifted student's #1 scholarship strategy should be to research schools with generous merit aid and where the student's own scores fall in the top 25% of recent freshman classes.
Another option is to prepare for the PSAT to earn NMSF, if the student would be happy at one of the dozens of schools that offer lucrative NM packages (full ride + in some cases).
Anne
I posted a note this weekend about financial aid and an app that some are using, but haven't seen any solid response. I wonder if anyone has had experience with it?
Terry Adams
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Karen Rohde
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