51 Colleges With the Best Student Financial Aid
What colleges award the best financial aid for students?
Answering that question has never been easy. Today, however, I'm sharing a list of 51 schools that provide great student financial aid. The 51 colleges and universities on this list promise to meet a student's demonstrated financial need with grants not loans.
Many colleges toss loans into their financial aid packages, but these 51 schools do not. If the financial aid formula, for instance, says that your child needs $22,000 in assistance to attend a $50,000 school on this list, then the college would kick in $22,000 in cash and probably a work study job. Now that's a great deal.
I didn't come up with the names of these no-loan colleges and universities myself. I pulled the names from a study that researchers from the University of Pennsylvania and Amherst College presented at the latest College Board Forum.
The academics assembled the list of no-loan schools after visiting colleges' websites, as well as through research on the websites of The New York Times, Inside Higher Ed and Wikipedia. Because financial aid programs can change, contact a school before assuming it's still offering great financial aid packages.
51 Colleges With Best Student Financial Aid
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Amherst College |
Princeton University Rice University Stanford University Swarthmore College Texas A&M University Tufts University University of North Carolina University of Chicago University of Florida University of Georgia University of Illinois University of Maryland University of Michigan University of Pennsylvania University of Virginia US Military Academy US Naval Academy Vanderbilt University Vassar College Washington and Lee University Washington U. St. Louis Wellesley College Wesleyan University Williams College Yale University |
Lynn O'Shaughnessy is the author of The College Solution and she also writes about college for TheCollegeSolutionBlog. Follow her on Twitter.
