4 Answers

SpanOne Staff Points0
Today, many private colleges offer financial aid and scholarships, need-based, and merit-based, to promising students from in-state and out-of-state. Now more than ever, private colleges are ramping up their financial aid packages to attract students. In addition, there are thousands of scholarships offered by private and non-profit organizations for a wide-range of students. There are billions of dollars of financial aid options available to students who need help.
David Wagner Points0
The "sticker price" for many private colleges is now more than $60,000 per year. However, very expensive colleges tend to have large endowments which fund their financial aid programs. Private colleges, particularly the most expensive ones, want to be accessible to those whom they offer admission. Because of this, it is quite possible that the most expensive colleges can actually be more affordable than an inexpensive public college in your home state. You don't know if you can afford an expensive college unless you apply for admission and financial aid. You should apply to colleges that best fit your learning style and sense of community and not let the sticker price drive your college search. That said, it is advisable to include colleges on your list that are affordable for financial aid safety reasons.
Janice Kirn-Sottilaro Points0
The average grant this year for those attending Harvard University: $46,000.00

Remember, you DO NOT pay back grants. If you apply and are accepted, but are not given enough grant funding, attendance is not an option, but if the financial aid that DOES NOT need to be paid back is substantial go for it! You never know unless you try - Good Luck!

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