LinkedIn Analytics

Study Abroad | Career Guidance

High School | UG | MBA | MS | Exec Ed | PhD


What is ‘need-blind’ financial aid?

Posted on Jul 01, 2016

A term that students often come across when exploring their various financial aid options is ‘need-blind’. This simply means that students are evaluated regardless of their ability to pay full-tuition costs or not. However, only five schools – Harvard, Yale, Princeton, Amherst, and MIT are need-blind regardless of the student’s country of origin. This means that if accepted, students obtain the necessary financial aid.

Most other schools don’t employ this need-blind policy. Instead they are ‘need-aware’ or ‘need-sensitive’, meaning if you indicate the need for financial aid, your application process will be looked at with that in mind.

So when asking for need-based aid at a university, remember most universities will be taking this into account, and your ability to pay may determine your admission.

Trending Articles

Trending Videos

Michigan Ross Adm. Office..

Babson Adm. Officer Johan..