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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5 Myths About the SAT and ACT

5 Myths About the SAT and ACT

There is a lot of misinformation about the SAT and ACT. The same is true about test preparation. Below I dispel some of those myths and give you clarity about what you must know before you engage your teen in any test preparation: MYTH #1: Most colleges prefer the SAT over the ACT. FACT: ALL colleges place the same value on both exams. (See chart for correlations.) Some colleges that want Subject Tests, will even accept the ACT in lieu of the SAT + 2-3 Subject Tests, i.e. Amherst. Columbia, and Duke to name a few. MYTH #2: An exceptionally high test score is your teen’s #1 ticket to admission. FACT: A low score will keep a student out. Student’s scores should correlate with grades, but remember there are 7 components to the college application package – in usual order of importance. There are also at least 7 other lesser factors that can affect acceptance. GPA Test Scores Personal Statement Extracurricular Activities Recommendations Subject, AP and IB test Class...
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