Hi, I'm looking at Oberlin for college, but I'm a bit worried about the cost. Want to know how generous they are with financial aid before I put them on my shortlist. Can anyone share their experience?
Oberlin College is known for its commitment to making education affordable for its students. They state that 95% of Oberlin students receive some form of financial assistance, which can significantly offset the cost of tuition.
Oberlin typically will create a financial aid package for a student using a combination of grants, student employment, and loans. It's worth mentioning that Oberlin also offers several merit-based and talent awards for students with exceptional academic achievements or talents in the arts.
The college uses your Student Aid Index (SAI), which comes from the Free Application for Federal Student Aid (FAFSA), to calculate your need for financial aid. The need-based financial aid package that they put together would aim to cover the difference between the cost of attendance and your SAI. Another helpful tip is to use Oberlin's net price calculator to get an estimate of what your own personal costs might be.
However, remember that everyone's financial situation and the aid they receive can vary greatly. It's always worthwhile to apply and see what financial aid package you're given if you're interested in the school. Be sure to review all financial aid deadlines to ensure your application is considered.
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