February 22, 2012
Wouldn't it be amazing if that super expensive college you were just accepted into said, "Hey there, new friend – thanks for all your hard work saving, scrimping and scholarship searching but we’ll take it from here, financially"? It can happen...kind of.
When a student fills out the FAFSA, a figure known as the expected family contribution (EFC) – the amount a student or family can reasonably spend on one year of college – is calculated using family income, number of children, amount of assets and other factors. There is sometimes a gap between the EFC and the final cost of college but 62 schools have reported to U.S. News that, on average, 100 percent of their admitted full-time undergraduate students' financial need was met for fall 2010 by some combination of aid (work-study, merit scholarships, grants, subsidized loans, etc.).
Now, we're not going to list every single college and university that reported these claims (you can check out U.S. News' site for that) but we will say that some well-known schools like Yale, Vanderbilt and Grinnell – the latter of which has never failed to meet full need for a student in 20 years, according to financial aid director Arnold Woods – have made the cut. Way to go and keep up the good work!
There are many factors that one should consider while searching for the perfect college. While cost, location and student life are all very important, where your friends are or aren’t attending school could play an unexpectedly vital role in your decision.
During college search time, my best friend and I were both focused on out-of-state schools. We both knew we wanted to get out of South Dakota but our interests were different – she was focusing on music and I was looking into English – and in the end, we had one college we both loved in our top three choices: Colorado State University. After much debate, I ended up at the University of Minnesota, while my best friend chose to go to CSU. My decision to not go to CSU was (along with a slew of other minor factors) mostly due to my friend, as I wanted to forge my own path and start fresh in a new city. Two years later, I have no regrets and our friendship is just as strong as ever.
Some students base their college decisions on where a friend, boyfriend/girlfriend or relative is attending school without really considering what they themselves want and need out of their own college experience. Yes, these relationships are important but it’s more important to decide for yourself: I know I made the right choice because I thrive in the big city and my friend loves the picturesque views of the Rocky Mountains outside her apartment window. Would our friendship have survived the turmoil of change college students go through if we were at the same school? We’ll never know for sure but it certainly has stayed intact across the miles...not to mention that I get an amazing spring break in Colorado and she gets a week-long summer vacation in the Twin Cities!
Some friendships may survive the chaotic transformation every college student goes through but some will not and you should not base your college choice on just this one factor. Distance from your high school friends, whether it’s thousands of miles apart or a couple blocks across campus, will impact your college life – just don’t let it dictate your decision for the wrong reasons.
Katie Askew is a sophomore at the University of Minnesota pursuing degrees in journalism and English. At school, Katie can be found reading, drumming or working in the Office of Admissions. Outside of school, she enjoys traveling, teaching and performing music and spending time outdoors with friends and family. Katie loves all things zebra and has a necessary addiction to coffee. Her iPod is perpetually playing Death Cab for Cutie or classical music because she truly believes that when words fail, music speaks.
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