Most families prefer their children to attend public colleges because they are known to better fit the family budget, but these private schools argue otherwise.
The Princeton Review’s 2018 ranking found the top 10 colleges with the most generous financial aid packages. CNBC reports that although these colleges have costly tuition and fees, about two thirds of all full-time students receive aid that can notably lower the price of overall attendance.
Here’s the list:
10. Colgate University
Located in Hamilton, New York. Colgate, known as one of the best liberal arts schools, on average, offers students more than $45,000 in grant aid.
9. Yale University
Located in New Haven, Connecticut. This Ivy League school puts more than $100 million toward student aid each year.
8. Vassar College
Located in Poughkeepsie, New York. Despite being one of the most expensive places to study in the country, the average student need-based scholarship is a little more than $45,000.
7. Princeton University
Located in Princeton, New Jersey. This university is well aware of its expenses, which is why they rid of all loans for students who qualify for financial aid. Instead, Princeton offers uncompensated grants.
6. Pomona College
Located in Claremont, California. Pomona, a need-blind college, focuses on creating “significant socio-economic diversity” according to its senior associate dean and director of admissions, Adam Sapp. The school’s average need-based scholarship runs at about $41,443.
5. Washington University
Located in St. Louis, Missouri. Its average need-based scholarship is $40,509, and for families making less than $75,000 a year, Washington U. offers grant-based aid.
4. Cooper Union for the Advancement of Science and Art
Located in New York, New York. These lucky students receive a tuition scholarship worth more than $20,000 a year. Cooper Union also offers aid that help cover housing, food, books and supplies.
3. Vanderbilt University
Located in Nashville, Tennessee. Vanderbilt offers three scholarships– Ingram Scholars, Cornelius Vanderbilt Scholars and Chancellor’s Scholars–that cover everything from full tuition to conduct research. These scholarships are renewable for all four years of college.
2. Williams College
Located in Williamstown, Massachusetts. Working toward covering its students’ education, Williams has met 100 percent of all proven undergrad need for all four years.
1. Bowdoin University
Located in Brunswick, Maine. About 52 percent of students enrolled at Bowdoin receive financial aid thanks to its endowed grant budget, work study programs and scholarships.
Did you enjoy this article? You can learn how to write stories like this from our journalism experts. In just two short months, CMN will get you the hands-on experience necessary to actually land a job in journalism. Check our training courses here.
Sign up for the Morning Scoop
Analysis: Trump Administration Still Wants to Separate Immigrant Families
The Flores settlement is in the spotlight as children remain apart from their parents.
Toyota Recalls Over One Million or More Hybrids Due to Fire Risk
Toyota is under pressure after over a million vehicles were recalled.
Hacker Who Published Celebrities’ Nude Photos Sentenced to Jail
Garofano was the first out of four people to be sentenced for these crimes.
Seven Arrested in Protests Over Removal of “Silent Sam” at UNC Chapel Hill
Protests over the removal of a confederate statue at UNC Chapel Hill on Monday come to a head this Saturday.