Most Students Receiving Merit Aid

Many colleges advertise generous merit scholarships without explaining that there are actually several different kinds of merit aid. Some colleges, for example, give fancy merit-sounding names to scholarships that they award to qualified students who have also shown that they can't afford the college's full price.

The federal government only awards Pell Grants based on the student's "need" for money to pay for college. Some elite colleges also only award aid to students who they believe can't afford tuition, since they say all of their students are meritorious.

This chart lists the colleges that report the highest percentage of their students in the 2012-2013 academic year who "had no financial need and who were awarded institutional non-need-based scholarship or grant aid" excluding athletic awards and tuition benefits.

School Percent of students receiving non-need based aid
Willamette University

Salem, OR

31%
Illinois Wesleyan University

Bloomington, IL

30%
Transylvania University

Lexington, KY

30%
Calvin College

Grand Rapids, MI

30%
University of Montana

Missoula, MT

30%
Lindenwood University

St. Charles, MO

30%
Muhlenberg College

Allentown, PA

30%
Ohio Wesleyan University

Delaware, OH

30%
Clark University

Worcester, MA

30%
Worcester Polytechnic Institute

Worcester, MA

30%
Westmont College

Santa Barbara, CA

30%
Alaska Pacific University

Anchorage, AK

30%
Covenant College

Lookout Mountain, GA

30%
University of Puget Sound

Tacoma, WA

30%
Austin College

Sherman, TX

29%
Loyola University New Orleans

New Orleans, LA

29%
Iowa State University

Ames, IA

29%
Rose-​Hulman Institute of Technology

Terre Haute, IN

29%
Webber International University

Babson Park, FL

29%
Nebraska Wesleyan University

Lincoln, NE

29%
University of St. Thomas

Houston, TX

29%
Rensselaer Polytechnic Institute

Troy, NY

29%
Whitman College

Walla Walla, WA

29%
Washington College

Chestertown, MD

29%
Menlo College

Atherton, CA

29%

1 2 3 4 5 .. 25

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