College education can be financially taxing for an individual and their families. Institutions offer scholarships, grants and aid in order to help them pay for their tuitions and also living fees sometimes. Some institutions provide more aid than others.
5 Colleges with Best Financial Aid in United States
Here are the top 5 universities in the United States that provide the most financial aid:
1. Columbia University
According to the university’s website, first-year and transfer students who have a financial need are fully supported by Columbia University. Families with a combined income of under $60,000 are not required to have parents pay anything toward the cost of attendance. For students in need of financial assistance, the average package is $55,521. 99% of the students’ full financial needs were met.
2. Yale University
Yale University covers every financial need without students needing student loans. It estimates the average need-based scholarship for an academic year to be $49,575. A Yale student’s family is not expected to cover any tuition expenses out of pocket or assets if their yearly household income is less than $65,000.100% of their students’ full financial aid requirements are met.
3. Amherst College
Amherst College is another school that seeks to fully accommodate the financial needs of both domestic and foreign students. Each year, Amherst College gives out $50 million in scholarships. The use of student loans is reduced as a result of helping students pay for college. Seven out of ten graduating students did not have any debt from their education.
4. Harvard University
Getting into this prestigious school can be challenging. Fortunately, students receive a lot of assistance in finding out how to pay for a degree from Harvard University. According to the university, almost six out of every ten students at Harvard get a need-based scholarship. Students from families earning less than $65,000 a year pay nothing out of pocket for their education.
5. Williams College
According to the school’s website, Williams College is dedicated to satisfying every student’s financial need to the fullest extent possible. Each year, it gives its students institutional aid totaling more than $50 million. Students with financial need typically receive $51,890 in financial aid, which is nearly 100% of their tuition fees.
How can Rostrum Education help?
Rostrum education has a team of country specific counsellors who help you get into the best colleges for your chosen program. We make sure that you get the maximum amount of financial aid by helping you present documents and apply for financial aid before deadlines. Contact us for a free session today!
