Colleges can improve graduation rates and the likelihood that their students remain in-state by favoring merit-based aid over need-based programs. A study published by the National Bureau of Economic ...

With the rising cost of tuition, many families turn to multiple funding sources — such as need- and merit-based aid — to help finance a college education. While work-study was used by only 19% ...

・Appeals for more aid after accepting admission are possible but rare. ・Students are more likely to receive additional need-based aid if their financial situation changes. ・Merit-based aid is ...