Does anyone know how good the financial aid packages at Lewis University are? Is it beneficial to apply early decision? Any insights would be super helpful!
Lewis University has a robust financial aid program, with over 95% of the student body receiving some form of aid, including scholarships, grants, work-study, and loans. The university offers a range of scholarships both on the basis of merit and need. Merit scholarships are based on academic achievement and typically do not require a separate application, whereas need-based grants are determined through your FAFSA results.
It's always wise to check out the school's Net Price Calculator to gain some perspective on what you might expect to pay after financial aid is accounted for. This might offer a clear picture and help you plan your financial commitments for the university.
Applying Early Decision (ED) has its benefits and caveats. On the one hand, if Lewis University is your top choice, applying ED might signal your strong interest in the school. However, just remember that Early Decision is a binding agreement. If you're admitted, you're expected to attend unless your financial aid package is not sufficient. So, before applying ED, it's crucial to assess whether the school could be financially manageable for you and your family.
It's also important to note that the implications of applying ED on financial aid may vary for each institution. While applying ED does indicate your strong interest which could be advantageous overall, it doesn't necessarily guarantee a more generous financial aid package.
Ultimately, it’s critical to evaluate your unique financial situation carefully and reach out to the university's financial aid office if you have any specific questions or concerns about the process. They have the most up-to-date information and would be better equipped to guide you through your financial aid journey!
CollegeVine’s Q&A seeks to offer informed perspectives on commonly asked admissions questions. Every answer is refined and validated by our team of admissions experts to ensure it resonates with trusted knowledge in the field.