How To Pay For College Colleges that Offer the Most Financial Aid Written by Shannon Vasconceloson October 26th, 2021 I came to College Coach with close to 10 years of experience in college financial aid offices. I began my career at Boston University, where I counseled students and their parents on the financial aid process and reviewed undergraduate financial aid applications. At Tufts University, where I served as assistant director of financial aid, I developed expertise in the field of health professions financial aid. I was responsible for financial aid application review, grant awarding and loan processing, and college financing and debt management counseling for both pre- and post-doctoral dental students. I have also served as an active member of the Massachusetts Association of Student Financial Aid Administrator’s Early Awareness and Outreach Committee, coordinating early college awareness activities for middle school students; as a trainer for the Department of Education’s National Training for Counselors and Mentors, educating high school guidance counselors on the financial aid process; and as a volunteer for FAFSA Day Massachusetts, aiding students and parents with the completion of online financial aid applications. Learn More About Shannon financial aid, financial aid award, financial planning, paying for college, by Shannon Vasconcelos, former financial aid officer at Tufts University For rising high school seniors who are finalizing their college lists—or juniors who are just starting to get serious about their college search—one feature you may be looking for in a college is generosity. Specifically, how generous is a college with their need-based financial aid programs? To help you in answering that question, we have gathered data from the College Board and individual college websites to provide this list of U.S. colleges that are most generous with need-based financial aid. These colleges guarantee that they will make every effort to meet the full calculated financial need of just about every student they accept, or they at least did so for the last academic year. Financial need is defined as the college’s cost of attendance minus the student’s expected family contribution, as determined by the college (i.e. what they think you can pay, not what you think you can pay). Essentially, if one of these colleges accepts you, they will use their institutional funding to bring their net price to a level that they determine is affordable to your family, based on your family’s finances. Note that some of these colleges may impose some limitations on this generosity, such as only meeting the need of domestic—not international—applicants, and may meet some of a student’s need with loans and/or work-study funding. You will see that a common denominator among these colleges is that they tend to be very selective, and we are not in any way suggesting that you limit your college search to this list of schools. Other colleges may provide YOU with substantial financial aid, especially if you meet their institutional goals (academically, extracurricularly, demographically, etc.)—they simply do not guarantee that they will be so generous with every student they accept. Also note that the below colleges are particularly generous with need-based financial aid, but may not be so forth-coming with merit-based scholarships. In fact, many colleges on this list provide no merit scholarships whatsoever. The most effective strategy for maximizing merit scholarships is to apply to colleges where you will stand out in the applicant pool—colleges where you are well above average and are likely to be heavily recruited. Note that this list of colleges that meet full need is not necessarily exhaustive, nor, at the time of your reading, current. The coronavirus pandemic and its fallout has posed serious financial challenges for universities, and there is no guarantee that all of these schools will be able to keep up their generous financial aid policies. For the most comprehensive and up-to-date information about a school’s awarding policy, always refer directly to that college’s website. Colleges that Meet 100% Financial Need: 1. Amherst College (MA) 2. Babson College (MA) 3. Barnard College (NY) 4. Bates College (ME) 5. Boston College (MA) 6. Boston University (MA) 7. Bowdoin College (ME) 8. Brown University (RI) 9. Bryn Mawr College (PA) 10. California Institute of Technology (CA) 11. Carleton College (MN) 12. Case Western Reserve University (OH) 13. Claremont McKenna College (CA) 14. Colby College (ME) 15. Colgate University (NY) 16. College of the Holy Cross (MA) 17. Colorado College (CO) 18. Columbia University (NY) 19. Connecticut College (CT) 20. Cornell University (NY) 21. Dartmouth College (NH) 22. Davidson College (NC) 23. Denison University (OH) 24. Dickinson College (PA) 25. Duke University (NC) 26. Emory University (GA) 27. Franklin & Marshall College (PA) 28. Franklin W. Olin College of Engineering (MA) 29. Georgetown University (DC) 30. Grinnell College (IA) 31. Hamilton College (NY) 32. Harvard College (MA) 33. Harvey Mudd College (CA) 34. Haverford College (PA) 35. Johns Hopkins University (MD) 36. Kenyon College (OH) 37. Lafayette College (PA) 38. Macalester College (MN) 39. Massachusetts Institute of Technology (MA) 40. Middlebury College (VT) 41. Mount Holyoke College (MA) 42. Northeastern University (MA) 43. Northwestern University (IL) 44. Oberlin College (OH) 45. Occidental College (CA) 46. Pitzer College (CA) 47. Pomona College (CA) 48. Princeton University (NJ) 49. Reed College (OR) 50. Rice University (TX) 51. Scripps College (CA) 52. Sewanee: The University of the South (TN) 53. Skidmore College (NY) 54. Smith College (MA) 55. St. Olaf College (MN) 56. Stanford University (CA) 57. Swarthmore College (PA) 58. Thomas Aquinas College (CA) 59. Trinity College (CT) 60. Tufts University (MA) 61. Union College (NY) 62. University of Chicago (IL) 63. University of North Carolina at Chapel Hill (NC) 64. University of Notre Dame (IN) 65. University of Pennsylvania (PA) 66. University of Richmond (VA) 67. University of Rochester (NY) 68. University of Southern California (CA) 69. University of Virginia (VA) 70. Vanderbilt University (TN) 71. Vassar College (NY) 72. Wake Forest University (NC) 73. Washington and Lee University (VA) 74. Washington University in St. Louis (MO) 75. Wellesley College (MA) 76. Wesleyan University (CT) 77. Williams College (MA) 78. Yale University (CT) Save Meet our team of college finance experts, former financial aid officers who know the ins and outs of college financing. Meet The Team Related Resources Read | Posted on April 19th, 2022 Top 10 529 Plan Myths Read | Posted on April 14th, 2022 Getting Your Student Engaged in Conversations about College Costs Read | Posted on March 10th, 2022 Are Standardized Tests Required for Merit Scholarships?