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Whats the difference in merit aid and need-based aid?

April 26, 2017aid difference merit need-based

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Whats the difference in merit aid and need-based aid?

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Merit aid is based on merit, such as academics, athletics, music, etc. A lot of scholarships are merit-based. Need-based aid depends on how much aid you need and how much you and your family can afford to contribute toward your education.