[Ohiogift] Financial aid

[Barb Bodart]

Yes, I have to agree with previous posts. Ask the colleges how they handle outside scholarships.  My experience has been after all the work to receive outside scholarships, the universities simply deduct the amount of grant aid they would have given the industrious student, and instead allot it to other students who didn't put forth the effort. 
Also ask the colleges their record in giving aid beyond the freshman year. Is the same amount available? Are there restrictions?, etc.Good luck,Barb

      From: Karen Rohde via Ohiogift <ohiogift at lists.osu.edu>
 To: Anne Flick <anneflick at yahoo.com> 
Cc: Terry Adams <terryyadams10 at gmail.com>; ohiogift at lists.osu.edu
 Sent: Wednesday, December 14, 2016 9:17 AM
 Subject: Re: [Ohiogift] Financial aid
   
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
Coordinator:  Gifted Services, Testing
 & English Language LearnersDepartment of Academic Affairs
Berea City School District
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Berea, OH  44017-2308 
Telephone: (216) 898-8300  ext. 6262
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