Seeking out-of-state, private colleges that offer significant financial aid

What's up everyone! I've been researching and looking into some out-of-state colleges (preferably private) over the last few weeks. However, my family isn't exactly loaded, so we're heavily relying on financial aid. Are there any private out-of-state colleges that are particularly generous when it comes to giving out aid? Thanks for any information you guys can provide!

Absolutely, there are definitely several private colleges known for offering significant financial aid packages. Let's take a look at a few examples:

1. Princeton University: Princeton follows a 'no-loan' policy which means they offer grants instead of loans in their financial aid packages. For families making less than $65,000 annually, the expected contribution is zero.

2. Stanford University: Stanford is also generous with its financial aid. Families with an income less than $65,000 have no parental contribution. Those with an income less than $125,000 have no tuition cost.

3. Yale University: Yale follows a similar policy, families with an income under $65,000 are typically not asked to contribute at all. Tuition is also free for families earning less than $75,000.

4. Harvard University: If your family's annual income is less than $65,000, your parents will pay nothing. For families with an income between $65,000 and $150,000, they will pay from 0-10% of their income.

5. Dartmouth College: Dartmouth guarantees to meet 100% of demonstrated need. Families with an income less than $100,000 do not pay tuition.

Remember, all these schools are highly selective, so while they offer generous aid, getting an offer of admission from them is quite competitive.

One great tool to help calculate the financial aid you could expect is to use the net price calculator available on each school's website. These calculators take various factors into account like family size, income etc. to estimate your financial aid package and can give a good starting point to understand what your family's contribution might be at a specific school.

Lastly, when considering affordability, remember to look beyond tuition - consider other costs like room and board, textbooks, travel, and more. Good luck!