Penn Does have merit scholarships in addition to need.
I got an II w no complete email and incomplete for tertiary. You’ll be fine! 🙂
Most limits usually cut you off when you reach it. You can always paste more and see what happens. You dont even need to have real information to check. Any piece of typed text will do.
Whoa what other schools offer free tuition?
It is offered in other forms - scholarships, financial aid, etc.
That and also some people will still choose other schools for prestige, even if they have to pay slightly more.
Add Chicago to schools with scholarships.
Historically, "aid" has meant need-based aid. Free tuition for all at a top school is a new thing. The top schools I have spoken to have indicated that they have no plans to match NYU, but I agree with you insofar as I'll believe that when I see it. I can't believe that top schools will allow NYU to poach over money, when they all have so much. It remains to be seen....
Understood, but that doesn't mean everyone who gets into Penn with a NYU acceptance gets a full tuition scholarship offer! It will be great if it does, because that will mean NYU's yield won't increase after all, and lots more people will be receiving full tuition scholarships from a lot more schools!! 🙂
People do choose Harvard over full scholarship at Penn today. All we are discussing is whether choices can exist at other schools. However, many choose prestige and debt over fiscal responsibility and make do.
Yes, I hear that as well, as that is the message that I received from the schools I asked - basically, we are not going to allow NYU to dictate how we distribute our tuition discounts (scholarships and aid) and are not going to compete with them based on price. If people follow the Harvard over Penn model, there will be about a dozen schools, give or take, that won't budge, and the rest will either lose candidates to NYU or will figure out a way to find money to keep them.
...im in trouble.
I know some schools (or at least, Northwestern specifically) allow you to claim financial independence from your parents and calculate your financial aid accordingly. I appreciate this.
At any age? Do you have to be out of school for a certain length of time?
No, not at any age. It only applies to nontrads who are truly financially independent. I can try to find the page where I read about it...
So it works out well if people go work for 3 years and state they got nothing coming from parents!
Yes, this applies to my situation. I wonder if other schools do the same.
My parents make a decent amount ($130K?) but they were in massive credit card debt until like 8 years ago and have since taken a second mortgage on their house to afford 3 cruises a year so they have no assets....where do I stand with financial aid? Lol
What if I worked for 3 years BEFORE undergrad and then made the decision to go back to school?
I think it counts, at least for NW specifically. They say it doesn't necessarily need to be the time right before medical school. "The 30 months do not need to be the two-and-a-half years immediately prior to matriculation."
People who are married with or without kids are automatically independent for financial aid. Some financial advisors suggest getting married in high school to declare independence.
This is true ONLY for undergrad. I 1000% need to report my parental income at every medical school and my parental income and assets will be considered for need based aid. Now, the fact that I have a child, a spouse, am on state food and healthcare benefits...those will likely all factor in as well. But, to anyone reading with kids/married, it sucks but You DO need your parents’ info on FAFSA. Same reason I didn’t qualify for FAP. Is rediculous.
That is interesting. What happens if you say your parents and you have been independent forever? If I remember correctly, there is also an age when they no longer ask about your parents.
I have been financially independent for almost 7 years and it doesn’t matter. I know some schools set an age limit if 30 or 35 (Stanford is 30) but the majority of schools will count parental income up until they are both dead.
And even if they are both dead, you have to bend over backwards to prove that they are.
Thats elites for you saying you should get an inheritance or borrow. At least the lower level schools tell you to just borrow without blaming your parents.
Yah, I am hoping I am poor enough in the context of individualized FA and/or successful enough for some merit aid. Only time will tell.
I actually don't think it has anything to do with elites, and has everything to do with the institution saying they want their need-based money to go to those who don't have any other resources rather than those who would like to keep their resources. It sucks if you are estranged from your parents or genuinely don't want to burden them, but the alternative is to create a system that is so wide open that everyone games it, resulting in less money going to those who really need it in order to allow parents with resources to keep more of them.
Don’t laugh, you have quite a decent chance of getting side. And a higher chance with any siblings also in school.
My brother has been out of undergrad for 4 years, I am first generation, my mom is recently unemployed, I have a child and a spouse, and I collect food stamps and have state health insurance - am I needy enough?
I don't justify it at all; Harvard justifies it by saying if Meme's parents don't want to support his dream financially, neither do they. It's simple -- NYU, to its credit, is saying money shouldn't be an issue, they have the ability to raise it, and they did so in order to allow everyone to pursue their dream on equal footing, with the hope that future MDs pay it forward. Harvard, on the other hand, is saying Meme's parents can afford to support his dream (whether or not they are obliged to do so), and they would rather funnel their money to students whose parents do not have six figure incomes.
What other ventures are you talking about? Very interested in learning more!
