US News reported this list of colleges and universities that claim (that’s the operative word here) to meet 100% of their students’ financial need. That doesn’t mean that these schools will bestow upon you the grants you need to pay 100% of your tuition simply because you enroll. They claim to meet 100% of what you need. Your financial need is the difference between what tuition is and what your expected family contribution (EFC) is. In order for schools to know what your need is, they need you to complete the FAFSA.
Still, even with the FAFSA, different schools have their own definition of “need”. That’s what might make this list a bit confusing. For example, one school’s calculation of your EFC can produce an EFC higher than the one calculated using the FAFSA. Schools use grants and subsidized loans to help fill the void between your expected family contribution and the cost of attending. So, don’t allow yourself to be caught off guard if a school winds up offering a smaller amount of financial aid than you expected.
Don’t get us wrong, this list is a good start. But students may find that other schools could end up leaving them with smaller tuition bills. And as always, try not to assume anything.
Bryn Mawr College
California Institute of Technology
Claremont McKenna College
Franklin W. Olin College Engineering
Harvey Mudd College
Massachusetts Institute of Technology
Mount Holyoke College
St. Olaf College
SUNY College of Environmental Science and Forestry
Thomas Aquinas College
University of Chicago
University of Dayton
University of North Carolina – Chapel Hill
University of Northern Colorado
University of Pennsylvania
University of Richmond
University of Virginia
Washington University in St. Louis
Have you completed the FAFSA yet? If not, hurry!