Hello, I'm a high school junior, and I've been wondering how much demonstrated financial need plays a role in college admissions. Will it hurt my chances of getting accepted if I need a lot of financial aid? Also, are there any strategies for applying to colleges with a high financial need? Thanks for your help!
Hi there! It's great that you're thinking about this aspect of college admissions. Demonstrated financial need can have varying levels of impact on your application, depending on the school. Some colleges are need-blind, meaning they don't take financial need into consideration during the admissions process. Others are need-aware, which means they do consider it, but it's usually just one factor among many others that they look at. In general, your academic achievements, extracurricular activities, and personal qualities will have a bigger impact on your admission chances than your financial need. As for strategies, I recommend doing some research on schools that offer generous financial aid packages and have a history of meeting students' financial needs. Also, consider applying to a mix of need-blind and need-aware colleges to increase your chances of getting accepted and receiving a good financial aid package. Good luck with your college search!