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 2011-2012 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.
| Save | School | Percent of students receiving non-need based aid |
|---|---|---|
|
Mayville State University
Mayville, ND |
44% | |
|
Rhodes College
Memphis, TN |
42% | |
|
DePauw University
Greencastle, IN |
41% | |
|
Hampden-Sydney College
Hampden-Sydney, VA |
41% | |
|
Trinity University
San Antonio, TX |
40% | |
|
St. Joseph's University
Philadelphia, PA |
40% | |
|
Kalamazoo College
Kalamazoo, MI |
40% | |
|
Ouachita Baptist University
Arkadelphia, AR |
39% | |
|
New Mexico Institute of Mining and Technology
Socorro, NM |
38% | |
|
University of Tulsa
Tulsa, OK |
38% |
