Ivy Bound’s 2017 scholarship seekers reported an average of exceeding $80,000 in 4-year awards.
We look forward to the 2018 results rising even HIGHER.
A “scholarship seeker” is a student whose college choice is influenced by the net tuition. When students report their college lists to us, we ask whether the colleges awarded money along with the acceptance, and how much.
Merit-based awards are typically given with the presumption that the student will do well enough academically to have it renewed each year. We thus calculate at 4x the initial award.
Where the award is a “need-based” award, we do not count this in the statistics. Where the scholarship is tied to military service (Academies or ROTC), we do not count this in the statistics.
Awards are generally based on a combination of GPA and SAT/ACT scores. Here the GPA is a bit less of a factor than SAT or ACT. So students can presume that the SAT or ACT is directing at least half the award money.