How Your Teen Can Clinch a Merit Based Scholarship

How Your Teen Can Clinch a Merit Based Scholarship

According to MONEY Magazine, 3 Ways to Get More College Merit Aid, the percentage of students receiving merit aid has tripled in the past 20 years. In 2014-15, approximately two-thirds of full-time students paid for college with grants and scholarships. Approximately 57 percent of financial aid dollars awarded to undergraduates was in the form of grants. They tend to be more available at private schools. State schools do not typically offer merit scholarships. According to the MONEY Magazine's List of The 46 Best Colleges for Getting Big Merit Scholarships, only about 9% received scholarships. A few exceptions are making the effort to use merit scholarships to lure more out-of-state students, i.e., Alabama, North Dakota and South Carolina. Colleges that typically have a 20% acceptance rate have only 7% receiving merit aid. At schools where at least a third of their students received merit aid, the average acceptance rate was 61%. Ultimately, it's usually the lesser known schools that offer the most merit grant money....
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The Answer You are Looking For

The Answer You are Looking For

As most of my readers know, I have been conducting test prep for almost four decades. Up until 2008, very few of my students ever thought about taking the ACT, nor would it occur to me to steer them toward that exam. So why was that? The SAT was the admissions exam of choice in the Northeast and West. Then somewhere around 2008, the more selective colleges and universities began to slowly accept both the ACT and the SAT.  Up until that point, students who lived in the Midwest and South took the ACT. The SAT was not even on their radar even though schools in those areas accepted both the ACT (or the SAT.) Why the new interest in the ACT? When the College Board changed the SAT in 2005 and ultimately made it longer than the ACT, students began looking at that test and realized that not only was it shorter, but it appeared much more straightforward and more relatable...
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