My D has pretty good stats, and can receive pretty decent merit aid at schools known for "generous merit aid". But the merit aid makes NO difference to our net price. She would have the same price if she had a 3.0 gpa and a 24 ACT. Our EFC is 34K. It seems like any EFC between 1K and ~40K would be the same. Merit up to ~20K = no impact on your net.
This just seems wrong. Are merit awards only meant to benefit those who are near full pay?
(Yes, we are looking at the relatively rare full tuition scholarships, and I am sure we will find a situation that we can afford. I am just venting.)
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