Niche College Scholarship
Updated: November 20, 2015

Helpful Tips on Maximizing Merit Aid

Finding the bottom line of the cost of your college education is a long and detailed process. When schools create financial aid packages based on your parents’ income, earnings and your family’s net assets merit aid, which is for special attributes such as academics, athletics, extracurricular activities, etc. is not awarded by financial need. New federal rules blurs the line between scholarships for merit and grants for financial need. For example, a growing number of colleges award “need-based aid” to students whose families earn a six figures income! Because of this, it is less likely your financial aid package will be enough to make college affordable. So follow these tips to make yourself a good candidate for merit aid to help supplement your financial aid package.

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