Hey guys, so I'm trying to compile my college list and figuring out the financial feasibility of each choice is a big factor for me. Are there any colleges notorious for giving out less financial aid?
Sure, keeping financial considerations in the forefront is an informed way to go about applying to colleges. While it's important to note that aid can greatly vary depending on individual circumstances, some colleges that are often noted for providing less generous financial aid include:
1. New York University (NYU): Despite its location in one of the highest cost-of-living cities, NYU is often flagged by students and families for providing lower-than-expected financial aid packages. Even though it offers both need-based and merit scholarships, many students report that the school's aid does not meet their full demonstrated need.
2. Boston University: While BU does offer merit-based scholarships, the competition for these is intense, and not everyone ends up with a significant aid package. The university does not guarantee to meet 100% of demonstrated need for all admitted students.
3. University of Southern California (USC): Although USC offers generous merit-based scholarships, several students report insufficient need-based aid. So overall financial aid packages might not cover the entire cost of attendance, especially for those with high financial need.
Remember, however, that everyone's financial aid package can be different since it's based on individual financial circumstances and sometimes negotiating power. It's a good practice to use the net price calculator on each school's website to get an estimate of your potential aid, so that you can gauge more accurately what you might be expected to pay.
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