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HomePersonal FinanceWho Will get Institutional Advantage Grants At Personal Schools?

Who Will get Institutional Advantage Grants At Personal Schools?


Dad and mom of college-bound youngsters who’re contemplating high-cost non-public non-profit schools typically marvel how you can qualify for institutional advantage grants. These grants might or might not likely be primarily based on advantage, however reasonably operate as a reduction on the price of attendance.

College students who need to improve their possibilities of receiving an institutional advantage grant at a non-public non-profit 4-year school ought to apply to reasonably selective schools (particularly higher-cost schools), have stellar grades and check scores, choose rich mother and father, don’t take a spot yr and enroll in school full-time.

We glance all of the statistics of which college students are getting institutional advantage grants.

Common Institutional Grants

Primarily based on knowledge from the 2015-16 Nationwide Postsecondary Pupil Support Research (NPSAS), 80% of scholars at non-public non-profit 4-year schools obtain grants, a median of $15,820 per recipient. However, this contains grants from sources aside from the school itself, reminiscent of Federal Pell Grants.

Greater than half of the scholars (57%) obtain institutional grants, a median of $16,027. This contains institutional merit-only grants (36%, $12,060), institutional need-based grants (31%, $12,354) and institutional non-need grants (13.3%, $6,289). Combining the institutional merit-only and non-need grant classes, 44% obtain institutional non-need and merit-only grants, a median of $12,008.

The institutional non-need grants embrace institutional grants that aren’t primarily based on want or advantage, reminiscent of tuition and charge waivers for school and employees.

The institutional merit-only grants theoretically are primarily based on some sort of advantage, reminiscent of educational or athletic expertise, however may additionally embrace different standards, reminiscent of the coed’s standing as a full-pay pupil.

So, greater than a 3rd (36%) of scholars at non-public non-profit 4-year schools get institutional merit-only grants, a median of $12,060 per recipient. The median is $11,000. 1 / 4 of the scholars who obtain institutional advantage grants get $16,000 or extra and 10% cent $21,600 or extra.

Which Schools Award Institutional Advantage Grants

Essentially the most selective schools, reminiscent of Harvard, Princeton and MIT, don’t award institutional advantage grants. All of their monetary support is awarded primarily based on monetary want, not advantage.

The subsequent tier down, nevertheless, award some institutional advantage grants. They use the grants as a recruiting device to draw rich college students and proficient college students.

Of the scholars receiving institutional advantage grants at non-public non-profit 4-year schools, 22% are enrolled at very selective schools, 69% at reasonably selective schools, 6% at minimally selective schools and three% at open admission schools.

The percentages of receiving an institutional advantage grant at a non-public non-profit 4-year school are 30% at very selective schools, 52% at reasonably selective schools, 19% at minimally selective schools and 9% at open admission schools. These figures are general averages. The percentages of receiving advantage grants varies by school inside every class.

The typical advantage grant additionally varies by sort of faculty, from $13,853 at very selective schools to $7,730 at open admission schools, in all probability correlating with the price of attendance.

Personal non-profit 4-year schools that supply on-line courses are much less prone to supply institutional advantage grants (45% vs. 21%). That is very true of faculties that present their whole program on-line (44% vs. 4%). 

Grants Primarily based On Tutorial Advantage

This desk exhibits that greater than half of scholars with a 3.5 to 4.0 highschool grade level common (GPA) obtain institutional advantage grants. However, it additionally exhibits that even college students with a lower than 2.0 GPA can obtain institutional advantage grants.

Grade POint Average In High School

Of scholars who obtain institutional grants, greater than half (58%) have a 3.5 to 4.0 GPA, 1 / 4 (27%) have a 3.0 to three.4 GPA, 9% have a 2.5 to 2.9 GPA, 5% have a 2.0 to 2.4 GPA, and 1% have lower than a 2.0 GPA.

This desk exhibits comparable statistics, however restricted to reasonably selective non-public non-profit 4-year schools. The odds receiving institutional advantage grants are greater, though the typical advantage grant is comparable.

Chart of Grade Point Average In High School

This desk exhibits that SAT check scores don’t correlate effectively with the chance of receiving institutional advantage grants at non-public non-profit 4-year schools. The typical grant does improve with greater check scores, maybe as a result of the scholars enroll at costlier schools.

Of the scholars receiving institutional advantage grants, a 3rd (33%) have below-average SAT check scores, 40% have SAT check scores of 1000 to 1199, 22% have SAT check scores of 1200 to 1399 and 5% have SAT check scores of 1400 to 1600.

Chart below average SAT scores

The decrease share of scholars with a 1400 to 1600 SAT check rating who obtain institutional advantage grants could also be resulting from these college students being extra prone to enroll at extra selective schools.

This desk limits the information to reasonably selective schools, demonstrating that college students with higher check scores usually tend to obtain institutional advantage grants.

Table showing better test scores equals more merit aid

Thus, college students with higher SAT check scores usually tend to obtain institutional advantage grants, except they enroll at very selective schools.

These tables present that college students who take AP courses or college-level courses whereas in highschool are barely extra prone to obtain institutional advantage grants. 

Table showing grants based on taking AP courses
Table showing aid to students who took college level couses in high school


This desk exhibits that college students who take extra superior math courses in highschool usually tend to obtain institutional advantage grants. In addition they obtain bigger grants.

highest level of math and merit aid awards


This desk exhibits that college students whose mother and father have a extra superior schooling usually tend to obtain institutional advantage grants and bigger grants.

Merit Aid and parent's highest level of education table

Grants Primarily based On Earnings

College students from wealthier households usually tend to obtain institutional advantage grants at non-public non-profit 4-year schools, as proven on this desk.

Table showing wealthier families get more aid


Of the recipients of institutional advantage grants, a 3rd (32%) are low-income, 1 / 4 (27%) are middle-income and 41% are high-income.

Grants Primarily based On Price Of Attendance

This desk exhibits how the share receiving institutional advantage grants and the typical grant improve as the price of attendance will increase. Wealthier schools have extra money out there to offer institutional grants. Nonetheless, a mum or dad nonetheless pays extra at a high-cost school that provides out an institutional advantage grant of $10,000 or greater than at a lower-cost in-state public school.

table showing wealthier colleges and more merit aid

The share receiving institutional advantage grants does lower at the most costly schools, which can embrace a number of the most selective schools that don’t award institutional advantage grants, dragging down the share.

This desk exhibits the identical knowledge restricted to reasonably selective schools. The share receiving institutional advantage grants nonetheless decreases at the most costly schools, however not as a lot.

Table showing merit grants decreasing at selective colleges

Grants Primarily based On Gender And Race

Women and men are equally prone to obtain institutional merit-only grants, and the typical award quantity is about the identical.

This desk exhibits that White college students usually tend to obtain institutional merit-only grants than minority college students. In addition they obtain bigger grants.

Merit Aid based on race

Grants Primarily based On Enrollment Standing

This desk exhibits that college students who enroll full-time are more likely to obtain institutional advantage grants than college students who enroll part-time.

Table showing full time students receive more merit aid


College students who take a spot yr are a lot much less prone to obtain institutional advantage grants, and the grants are decrease.

Gap year students get less merit aid

Grants Primarily based On Dependency Standing

This desk exhibits that dependent college students usually tend to obtain institutional merit-only grants than impartial college students. In addition they obtain bigger grants.

Table showing merit aid based on dependency status

At reasonably selective schools, 66.8% of dependent college students and 18.9% of impartial college students obtain institutional merit-only grants.

This desk exhibits the same consequence when the information is predicated on the age of the coed. College students age 24 and older are routinely impartial.

Older students get less merit aid


This desk exhibits that veterans are much less prone to obtain institutional advantage grants. Veterans are routinely impartial. They’re additionally much less prone to enroll in Bachelor’s diploma packages. 

Veterans get less merit aid

Associated: Information To VA And Navy Training Advantages

The subsequent two tables present that college students who’re married are much less prone to obtain institutional advantage grants. Married college students and college students with dependents are routinely impartial.

Married students get less merit aid
Single parents receive less merit aid


This desk exhibits that homeless college students are much less prone to obtain institutional advantage grants. Homeless college students are routinely impartial.

At risk of homelessness and merit aid

Grants Primarily based On Monetary Want

This desk exhibits that college students who file the FAFSA usually tend to obtain institutional advantage grants.

Table showing students who fill out the FAFSA get more aid


This desk exhibits that college students whose monetary support exceeds their monetary want usually tend to have obtained institutional advantage grants.

Table showing need amount exceeds aid

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