UT Austin President Gregory Fenves notified alumni and contributors on April 20 that new, four-year financial aid awards will begin in the fall of 2018 and be distributed to new UT students to help them graduate on time and with less debt. The need-based funds are for in-state students and will benefit almost 3,000 additional UT students per year.
“The Texas Advance Commitment (TAC)ensures that Texas students with family incomes of up to $100,000 (Adjusted Gross Income), who have financial need, will receive guaranteed gift aid,” Fenves said. “Eligible students with family incomes up to $30,000 will receive, at a minimum, enough aid to completely cover their full tuition costs.”
In 2016, UT Austin implemented a $15 million increase in financial aid that benefited thousands of current UT students. “This year, we will make that funding permanent,” Fenves said.
According to the TAC website, the amount of funding a student will receive will depend on how much their family AGI is, as well as how much financial aid they have already received through grants and other scholarships.
“For Texas families with an AGI up to $30,000, awards range from $300 to more than $11,000 per year to ensure that tuition is completely covered.
“For Texas families with an AGI between $30,000 and $100,000, award amounts will range from $300 to $2,000 per year depending on the student’s financial need to cover tuition.”
These are four-year renewable awards. To renew the award and remain eligible, a student must:
Submit a FAFSA or TASFA every year
Continue to have a family adjusted gross income of up to $100,000
Continue to have financial need, as demonstrated on the FAFSA or TASFA
Maintain a 2.0 GPA and remain in good standing
The most prestigious merit award at UT Austin is the full-ride Forty Acres Scholarship, provided to 14-18 outstanding applicants each year from a list of more than 50 finalists. About 90 percent of the finalists are from the state of Texas. Students in the UT Plan II Honors Program are well-represented.
The extremely competitive Business Honors Program and the Engineering Honors Program also have Forty Acres Scholars, and Engineering Honors also awards more than $5 million in merit scholarships on its own each year. Most of the honors programs at UT can grant a very limited number of OOS tuition waivers.
Other recent aid initiatives include Completion Grants in varying amounts, awarded to students who are close to graduating but have unmet financial need that would keep them from finishing their degrees.
Impact Scholarships “recognize high potential students from across the state who are making an impact in their local community, who will make an impact on the Forty Acres, and who will make an impact in their communities when they graduate. More than 30 incoming 2018 freshmen were surprised with a $48,000 scholarship ($12,000 per year) to cover the cost of their tuition for the students’ four years at UT Austin.”
“UT Austin has collaborated with RaiseMe to encourage students to consider the university when they begin their college search. The RaiseMe UT Austin collaboration encourages students early in their high school careers to engage in activities to encourage college-going behaviors, while earning micro scholarships for college. This platform enables students to earn up to $2,000 ($500 per year) in scholarship dollars when they attend UT Austin.”
There is a special pleasure associated with writing about honors colleges and programs in the state of Florida, especially when the spring weather in the northwest still feels a lot like November. But if you were a student at Florida Atlantic University’s Wilkes Honors College, you could have walked out of your honors dorm in early spring, strolled across the street, and taken in a spring training game at the Roger Dean Stadium in Jupiter, Florida, home of both the St. Louis Cardinals and the Florida Marlins.
And if you happened to be a National Merit Finalist, you would be enjoying a full ride scholarship.
And if you wanted to take only honors classes, with honors students, and faculty dedicated to honors education, you could.
And if you wanted to go to the beach, well, darn, you’d have to drive 10 minutes or ride your bike almost a whole half hour to get to Juno Beach.
And if you wanted a private bedroom in a suite-style dorm, you would have one.
Or you could just head over to the shops and restaurants at Abacoa Village, less than a 10-minute walk away.
More than 50 years ago, colleges began offering honors “programs” and many of these offered a relatively small number of honors seminars and departmental honors courses, with the bulk of honors coursework required in the first two “gen-ed” years.
But in the last three decades honors programs have expanded, and now many universities have established honors colleges that offer special housing, advising, and an expanding array of courses. Even so, only a relatively small number offer their own honors degree or require more than 30 semester credits (or equivalent) in honors courses.
Of the honors programs and colleges that offer their own degrees, four are well-known: the Pitt Honors College, the South Carolina Honors College, the Virginia Echols Scholars Program, and the UT Austin Plan II Honors Program. Yet none of these require a student to take only honors courses to earn the honors degree, even though about a third of the total credits to graduate do come from honors courses.
Now, the Wilkes Honors Collegeat Florida Atlantic University (or, to be precise, near FAU), not only offers its own degrees in a broad range of special majors but also provides honors-only courses to meet the full graduation requirements.
The WHC has its own faculty as well, and the college is actually located in Jupiter, Florida, about 40 miles north of the main FAU campus in Boca Raton.
Note: The WHC will receive a full rated review in the 2018 edition of our book, INSIDE HONORS, due out in the Fall.
“It is important to note that the Wilkes Honors College (WHC) of Florida Atlantic University (FAU) is a free-standing, liberal arts and sciences college” says WHC Dean Dr. Ellen Goldey, whose field is biology. “WHC offers a four-year, all-honors curriculum, taught by its own faculty of thirty-seven full-time members, all of whom hold the highest degree in their field and represent the full range of liberal arts and sciences disciplines.
“Twenty-two other scholars and scientists hold affiliate faculty status in the College. Requirements for the baccalaureate degree include three team-taught interdisciplinary courses, an internship or study abroad experience, and completion of a mentored senior thesis. With a student to faculty ration of 12:1, the WHC [with 424 students] offers the intimacy and close faculty attention of a private college, with access to all of the benefits and opportunities of a large public research university.”
Full completion of an “honors concentration” requires 111 credit hours of honors courses across four years, plus a 6-credit thesis. AP credits can count for up to 45 credit hours.
Students do not have traditional majors but choose pursue a major concentration: American Studies; Anthropology; Art; Biological Anthropology; Biological Chemistry; Biology; Business; Chemistry; Economics; English Literature; Environmental Studies; History; Interdisciplinary Critical Theory; International Studies; Latin American Studies; Law and Society; Marine Biology; Mathematics; Mathematical Science; Medical Humanities; Medical Science; Philosophy; Physics; Political Science; Pre-Med; Psychology; Spanish; Women’s Studies; or Writing.
Engineering and computer science are not offered at WHC, but students who spend the first two years at WHC can follow a pathway to engineering at the Boca Raton campus. Science and research are central to the mission of the college.
“The Senior Honors Thesis is required, so all students conduct original, mentored research, and many of our students conduct research for multiple semesters/years leading up to their thesis,” according to Dean Goldey. “Multi-year research is especially common for our science students (who make up about 70% of our student population). This is possible for a number of reasons unique to our campus: two world-renowned research institutes exist on our campus: the Scripps Research Institute – Florida, the only Scripps Institute outside of California, and the Max Planck Florida Institute for Neuroscience, the only Max Planck Institute outside of Europe.
“In addition, our campus houses FAU’s Brain Institute and Jupiter Life Science Initiative, each of which host top NIH-funded scientists. Nearby is FAU’s Harbor Branch Oceanographic Institute, providing students interested in marine biology with remarkable research opportunities. Therefore, our undergraduates have unprecedented access to working with scientists in all STEM fields. As a result, since 2002, sixty-six publications, most of them in top-tier, peer-reviewed journals, have included a Wilkes Honors College student as a co-author.” [Emphasis added.]
The mean SAT score for current WHC students is 1280; the mean ACT is 29. The college has a very high honors completion rate (students who complete all honors requirements and graduate) of 82 percent. The four-year grad rate is 70%, far higher than most public universities.
“The Jupiter and Boca Raton campuses are linked by a shuttle service that operates throughout the day. The total undergraduate enrollment of FAU is 25,500 and the main campus also hosts a small Honors Program and some departments offer students the opportunity to earn honors I the major, but these programs are run separately from the Wilkes Honors College.”
A few flagship universities–Oklahoma and Alabama, for example– are well-known for the generous merit scholarships, most of which provide the largest awards to national merit scholars or students with very similar qualifications. Now there are several other major players in this game, and all are in the state of Florida, home to several colleges on the rise in national rankings.
In March, Gov. Rick Scott, who is often at odds with higher ed professionals, signed Senate Bill 4. The bill passed the senate with unanimous support in mid-January.
Florida State has risen from 101st in U.S. News rankings for 2011 to 81st in the 2018 rankings.
The bill expands the full-ride Benacquisto Scholarship to include not only in-state National Merit and National Achievement Scholars but also out-of-state winners of these awards.
For out-of-state National Merit Scholars, the award is “equal to the institutional cost of attendance for a resident of this state minus the student’s National Merit Scholarship. Such student is exempt from the payment of out-of-state fees.”
The value of the award for in-state students at the University of Florida is $21,210 per year. For out-of-state students, it is $43,448 per year.
The bill provides $124 million to fund these and other merit awards in 2018-2019 alone. Here is a summary:
Expands merit-based state gift aid for high-performing students:
Reinstates full funding of the Bright Futures Florida Academic Scholar award at 100 percent of tuition and fees, plus $300 in fall and spring semesters to cover instructional materials and other costs, beginning in this 2017-2018 academic year and guarantees funding for 2018 summer term tuition and fees for Bright Futures Florida Academic Scholar awards.
New provisions of the legislation this year reinstate funding for the Bright Futures Florida Medallion Scholar award at 75 percent of tuition and fees for fall and spring semesters, beginning in fall semester of the 2018-2019 academic year and guarantee funding for 2019 summer term tuition and fees for Bright Futures Florida Medallion Scholar awards.
Expands Benacquisto Scholarship awards (full cost of attendance) to recruit out-of-state National Merit Scholar award winners.
“Senate Bill 4 ensures universities remain accountable to Florida taxpayers by refining university performance expectations to incentivize and reward state university performance excellence and recognition in academics, instruction, research, and community accomplishments and achievements,” according to a press release from the Florida senate.
Florida lawmakers have also designated “preeminent” and “emerging preeminent” universities. These universities must meet targets for graduation, retention, and post-graduation employment. Florida and Florida State were the first preeminent universities, and the University of South Florida has now moved from emerging preeminent to preeminent. The University of Central Florida will be next.
According to USF, “The designation will bring not only more prestige but more funding for the university. UF and FSU each received $17.3 million as pre-eminent universities this year, while USF and the University of Central Florida each received $8.7 million as ’emerging’ pre-eminent schools.”
The extra funds are used to elevate the quality and recognition of the universities by hiring eminent faculty members, improving grad and retention rates, and funding STEM programs. The University of Florida, for example, has risen from 58th in the 2011 U.S. News rankings to 42nd in the 2018 rankings. Florida State, meanwhile, has moved from 101st to 81st in the same time frame.
Known for its dominant NCCA football teams, the Southeastern Conference (SEC) is also home to several prominent public university honors colleges and programs, and the Shackouls Honors College (SHC) at Mississippi State is certainly among them.
Presidential Scholars, Mississippi State
The SHC has all of the features that mark a strong honors college: solid curriculum and completion requirements; in-house coordination of undergraduate research and prestigious scholarship preparation; co-location of honors administrative offices and residence halls; exciting study-abroad programs; and–last but far from least–some of the best scholarships in the nation, offered specifically to SHC students.
Let’s start with the scholarships. Here’s what the university says about the extremely prestigious Presidential Scholarship:
“Selected from more than 500 qualified applicants, the 2017-18 group of 14 joins 39 others already participating in the program, which is part of MSU’s Judy and Bobby Shackouls Honors College. Recipients are expected to maintain an overall 3.4 GPA while in their respective academic majors.
“Presidential Scholars have opportunities to interact with members of the land-grant institution’s extensive research faculty and be part of the college’s Oxford University summer-study program in England, among other enhanced learning experiences.”
The essentially full-ride scholarship covers tuition, fees, room and board, research fellowships, and books for four years of undergraduate study. Non-resident students may also receive a scholarship to cover up to 100% of the out-of-state portion of tuition. While the minimum requirements are a 3.75 high school GPA and ACT of 30 (or SAT equivalent), many if not most successful applicants will have higher scores.
“We are a community of scholars who value the life of the mind and the pursuit of knowledge, but what makes our scholarship program special is the emphasis we place on effecting positive social change through research and social engagement,” said Dr. Donald Shaffer, associate professor of English and African American Studies. “We don’t just hope that our Presidential Scholars will change the world; we expect it.”
Almost as many students are awarded the Provost Scholarship each year, which includes four years of in-state tuition (and most or all of out-of-state tuition); a $4,000 scholarship for study abroad; a one-summer optional tuition credit of $1,000 ($2,400 for non-resident) and one summer of free housing in Griffis Hall, an honors residence; and an optional $750 travel grant to participate in one or more academic conferences.
The SHC also has rigorous honors graduation requirements.
“To be recognized as an Honors College Scholar at graduation, and to receive the Honors designation (Collegium Honorum) on transcripts, a student must complete at least 27 Honors credits with a 3.4 average in Honors courses and
complete the English composition requirement during the first year of full-time Honors coursework;
complete the transdisciplinary Honors sequence (6 credits);
complete two interdisciplinary Honors courses (6 credits);
complete three discipline-specific Honors courses or tutorials (9 credits);
complete a for-credit Study Abroad; and
successfully write and defend an Honors thesis (3-6 credits).”
The SHC not only coordinates preparation for prestigious scholarships (Rhodes, Marshall, Gates Cambridge, Truman, Goldwater) but also houses the Office of Undergraduate Research for the entire university.
The coordination of these functions is often critical to the success of talented students who hope to win a major scholarship or be accepted to outstanding graduate and professional schools.
The university reports that “over the last five years, Mississippi State has had a Rhodes Scholar, a Gates Cambridge Scholar, two Truman Scholars, two Fulbright Fellows, and three Goldwater Scholars. The University has been recognized by the Washington, D.C.-based Truman Scholarship Foundation for “sustained success” in helping students both to win the $30,000 competitive awards and to prepare for public service careers.
“And most recently, the Goldwater Foundation, which recognizes the most promising undergraduate researchers across the nation in science, math, or engineering, awarded the Goldwater Scholarship to a Shackouls Honors student in the Bagley College of Engineering.”
As for studying abroad, SHC students can currently participate in faculty-led trips to Belize, Columbia, Guatemala, Austria, Czech Republic, Chile, Germany, Ireland, the United Kingdom, Spain, Iceland and Scandinavia, Italy, Russia, Thailand, and Uganda.
Perhaps best of all is the Shackouls Summer Study at the University of Oxford in England.
“Most study abroad programs emphasize the broadening of cultural horizons for American undergraduates, but often this comes more from the social than the academic. Furthermore, the academic curriculum is often simply American style courses offered in an international setting. The Shackouls Summer Study at the University of Oxford is a highly selective program that affords the most academically qualified students with a true Oxford experience and scholarship support. The program runs each year for six weeks, from mid-May to late June, and is limited to fifteen MSU honors students.”
The SHC has two honors residence halls, Griffis and Nunnelee.
“Griffis is home to the Honors College offices. Both halls are located in the Zacharias Village, convenient to…Mitchell Memorial Library, Colvard Student Union, dining and academic buildings. Rooms in both halls are modular (each has private baths). Special programming at both halls helps you to get to know your fellow students easily. Griffis and Nunnelee are both home to state-of-the-art classrooms.” Griffis is also a regular stop for the university’s S.M.A.R.T. Bus service.
The Village convenience cafe is located on the bottom floor of Griffis Hall. Students can grab a smoothie from Freshens or browse a Grab N’ Go selection food to go. Village Pizza at Griffis Hall has more recently added online ordering at least five days a week.
Of the 16,000 students (~top 1%) who become National Merit semifinalists, about 15,000 become finalists, most often because some semifinalists have a few low grades, a poor essay, or do not have sufficient SAT confirming scores (see below). And only about 7,500 actually become National Merit Scholars. One reason: many National Merit Scholars choose to attend one of the many prestigious colleges that do not offer any merit scholarships. For example, Harvard might have 250 National Merit Scholars in a given freshman class, but none will receive a merit scholarship of any kind.
(Please see this post for a discussion of PSAT scores and SAT confirming scores.)
The SAT “confirming” score: In order to become a finalist, a student must take the SAT no later than December of the senior year, but taking it no later than early November is recommended. Earlier tests taken as a sophomore or later may also be used. Superscores are not allowed. The National Merit Scholarship Corporation must receive your SAT scores by December 31. This only leaves about a week after receiving December test scores to make sure of the notification.
According to the NMSC, the “SAT Program will not report your scores to NMSC unless you request it, and you cannot substitute a photocopy of the score report sent to you or your school for the official report. Send all testing and score reporting fees directly to the SAT Program.”
The ACT does not count for confirming purposes. And, you guessed it, the SAT for purposes of NMS eligibility also has a selection index.
The SAT selection index differs from the PSAT selection index. Because the SAT has a maximum score of 1600 versus 1520 for the PSAT, the maximum section scores for the SAT selection index are higher. The maximum scaled section score for the SAT is 40 (versus 38) and the maximum selection index score is 240 (versus 228). (But below is the recommended “simple” way to calculate the SAT selection index (SSI).
Another difference is that, for the SAT, the confirming score is national, one SAT selection index total for everyone, regardless of state or location of residence. In the past, an SSI score that equals the PSAT selection index score for commended students has been the minimum acceptable SSI. The good news is that very high scorers on the PSAT should be very likely to meet the “commendable” threshold of the confirming SAT.
Students in states where the commendable PSAT score is the same as the seminfinalist qualify score, and who just did make the commendable score, may have to take the SAT more than once to confirm. Taking the SAT multiple times to reach a confirming score is well worth the effort given the many advantages that come with NMS status.
Example: PSAT selection index score is 2011 = commended student.
Student A has an overall SAT score of 1430, with an evidence-based reading and writing (EBRW) score of 710 and a math score of 720. (These SAT percentiles are 96 for EBRW and 95 for math.)
The simple formula for the SSI is to drop the zeros from the scores, thus making the above scores 71 and 72, respectively. Then multiply the EBRW score by 2, and add the math score.
Example: 71 x 2 = 142; 142 + 72 = 214. An SSI of 214 exceeds the PSAT SI score of 211 and should be sufficient for confirming purposes.
You can also calculate the SSI by doubling the total EBRW score (710 x 2), adding the total math score (720), and dividing the total sum by 10.
The new rankings from Money are out, and public colleges and universities account for 27 of the top 50 best values in 2017. These rankings are likely the best college rankings overall, given their balanced approach.
As Jeffrey J. Selingo writes in the Washington Post, the earnings portion of the rankings are based in part on some very interesting new evidence: the “Chelly data.”
“That refers to Raj Chetty,” Selingo tells us, “a Stanford professor, who has led a team of economists that has received access to millions of anonymous tax records that span generations. The group has published several headline-grabbing studies recently based on the data. In findings published in January, the group tracked students from nearly every college in the country and measured their earnings more than a decade after they left campus, whether they graduated or not.
Money does a better job of ranking colleges based on “outcomes” than Forbes does (see Outcomes farther down). This is especially the case with the multiple earnings analyses.
To see the list of top publics, please skip the methodology discussion immediately below.
The 2017 rankings include 27 factors in three categories:
Quality of education (1/3 weighting), which was calculated using:
Six-year graduation rate (30%).
Value-added graduation rate (30%). “This is the difference between a school’s actual graduation rate and its expected rate, based on the economic and academic profile of the student body (measured by the percentage of attendees receiving Pell grants, which are given to low-income students, and the average standardized test scores of incoming freshmen).” [Emphasis added.]
“Peer quality (10%). This is measured by the standardized test scores of entering freshman (5%), and the percentage of accepted students who enroll in that college, known as the “yield” rate (5%).” Note: using the yield rate is an improvement over the U.S. News rankings.
“Instructor quality (10%). This measured by the student-to-faculty ratio.” Note: this is very similar to a U.S. News metric.
“Financial troubles (20%). This is a new factor added in 2017, as financial difficulties can affect the quality of education, and a growing number of schools are facing funding challenges.” Note: although this is not an “outcome” either, it is more meaningful than using data on alumni contributions, etc.
Affordability (1/3 weighting), which was calculated using:
“Net price of a degree (30%). This is the estimated amount a typical freshman starting in 2017 will pay to earn a degree, taking into account the college’s sticker price; how much the school awards in grants and scholarships; and the average time it takes students to graduate from the school, all as reported to the U.S. Department of Education….This takes into account both the estimated average student debt upon graduation (15%) and average amount borrowed through the parent federal PLUS loan programs (5%).
“Student loan repayment and default risk (15%).
“Value-added student loan repayment measures (15%). These are the school’s performance on the student loan repayment and default measures after adjusting for the economic and academic profile of the student body.
Affordability for low-income students (20%). This is based on federally collected data on the net price that students from families earning $0 to $30,000 pay.
Outcomes(1/3 weighting), which was calculated using:
“Graduates’ earnings (12.5%), as reported by alumni to PayScale.com; early career earnings within five years of graduation (7.5%), and mid-career earnings, which are for those whose education stopped at a Bachelor’s degree and graduated, typically, about 15 years ago. (5%).
“Earnings adjusted by majors (15%). To see whether students at a particular school earn more or less than would be expected given the subjects students choose to study, we adjusted PayScale.com’s data for the mix of majors at each school; for early career earnings (10%) and mid-career earnings (5%).
“College Scorecard 10-year earnings (10%). The earnings of federal financial aid recipients at each college as reported to the IRS 10 years after the student started at the college.
“Estimated market value of alumni’s average job skills (10%). Based on a Brookings Institution methodology, we matched up data provided by LinkedIn of the top 25 skills reported by each school’s alumni with Burning Glass Technologies data on the market value each listed skill.
“Value-added earnings (12.5%). To see if a school is helping launch students to better-paying jobs than competitors that take in students with similar academic and economic backgrounds, we adjusted PayScale.com’s earnings data for the student body’s average test scores and the percentage of low-income students at each school; for early career earnings (7.5%) and mid-career earnings (5%).
Job meaning (5%). We used the average score of each school’s alumni on PayScale.com’s survey question of “Does your work make the world a better place?”
“Socio-economic mobility index (20%).
For the first time, we included new data provided by the Equality of Opportunity Project that reveals the percentage of students each school move from low-income backgrounds to upper-middle class jobs by the time the student is 34 years old.Finally, we used statistical techniques to turn all the data points into a single score and ranked the schools based on those scores.” [Emphasis added.]
The inclusion of these metrics makes the Money rankings a hybrid of the Washington Monthly “public good” rankings, U.S. News, and Kiplinger rankings, with the socio-economic factors having a less significant impact than the Washington Monthly rankings on overall standing. Still, these factors do result in two CUNY campuses’ receiving high rankings.
“The data showed, for example,” Selingo writes, “that the City University of New York propelled almost six times as many low-income students into the middle class and beyond as all eight Ivy League campuses, plus Duke, M.I.T., Stanford and Chicago, combined. The California State University system advanced three times as many.”
TOP PUBLIC UNIVERSITIES, MONEY MAGAZINE, 2017, BY NAME AND OVERALL RANK INCLUDING PRIVATE INSTITUTIONS:
CUNY Baruch College–2
College of New Jersey–24
UC Santa Barbara–36
Cal State Long Beach–42
Rutgers, New Brunswick–49
Almost certainly the best-known honors college (or program) in the nation, the Barrett Honors College at Arizona State is also among the most effective at achieving “honors completion,” which means that a very high percentage of its students not only graduate but also finish all of their honors requirements, including a thesis, before doing so.
Unfortunately, it has been the case with many honors programs that not even a majority of first-year enrollees complete all honors requirements. (Even so, honors students who leave their programs still graduate from their universities at a very high rate.)
The other strengths of Barrett are a fully committed Dean who has a genuine passion for public honors education, plus some of the best honors residence halls in the nation. Notably, the residence halls can also accommodate virtually every first- and second-year honors student, rare for any honors program. The Dean also has a very large staff of more than 60 along with additional support from more than 40 faculty members, a good thing considering that Barrett, with almost 7,000 students, is probably the second largest honors college in the nation. (We estimate that the University of Alabama Honors College is probably the largest.)
This is an extremely important but sometimes overlooked factor in selecting an honors college. The Barrett support is evident in the very high number of its students who win prestigious national awards, especially Fulbright Student Scholarships, Goldwater Scholarships for undergrads in STEM disciplines, Udall Scholarships, and Truman Scholarships.
Almost 60 percent of Barrett graduates go to top graduate or professional schools, while 30 percent choose immediate employment; the remainder choose travel or volunteer work.
Many of the honors credit classes at ASU are large, but the honors-only classes offered by the honors college average 15.9 students. Barrett also makes very extensive use of honors “contracts” that allow honors credit for additional work in regular class sections, some of which are very large.
National Scholar Merit Aid
Sorting out the merit aid options at Barrett is a bit difficult, but at the outset we estimate that more than 80 percent of Barrett students who have no demonstrated need receive an average of more than $8,000 in merit aid. With an average ACT of 29, new SAT of 1340-1350, and a core HSGPA of 3.79, Barrett students receive generous support. All told, some 95 percent of Barrett students receive merit aid, and more than 40% receive need-based aid on top of their merit aid.
But…the term “full ride” is not used by ASU or Barrett in describing the aid. In a very few cases, the combination of university aid, Barrett aid, and need-based aid may come close, but such is not the norm even for national scholars.
The Dean told us last year that “The university also has uncapped national scholar awards that are the same amount for National Merit, Hispanic and Achievement Scholars. These are full out of state tuition for all OOS national scholars, even if it increases as they are at ASU, and $16,000 per year for in-state national scholars. Both in-state and out-of-state national scholars also receive $1,500 towards research costs for research they do, and $1,000 for any honors travel they carry out while at ASU.” (Note: these “extras” more than offset the Barrett charge to each student of $750 per semester.)
So what the school lacks in providing full rides it makes up for in funding “uncapped” merit aid for national scholars that is still quite generous. If you qualify, you should get it= uncapped, or no limits on number of awards.
The university has a link to a calculator that allows prospective award recipients to enter test scores, GPA, class standing, in-state or OOS residency, and national merit scholar status to determine the amount of aid and the resulting net cost of attending. Our “tests” of the calculator yielded aid totals somewhat less than reported above but approximate. It appears that much higher test scores might not affect award amounts nearly as much as NMS status.
The proof is in the pudding: More than 750 national scholars are now enrolled in Barrett. In a recent year, 117 National Merit Finalists and 105 National Hispanic Scholars enrolled as first-year students.
Of particular interest is that “National Merit Semi-Finalists who are admitted to ASU with an official SAT or ACT score on file with the university will receive a placeholder New American University Scholar award (such as a President’s, Provost’s, or Dean’s scholarship).” This placeholder award will be upgraded to the New American University Scholarship when
– The student has moved from National Merit Semi-Finalist status to National Merit Finalist status with the NMSC.
– The student lists Arizona State University as his or her first choice school with the NMSC by the NMSC’s posted deadline.
– The student has been admitted to Arizona State University.
The aforementioned President, Provost, and Dean’s Scholarships vary according to OOS status and test scores.
Other Merit Aid
For this category, variations in test scores, GPA, and class rank definitely make a difference. We found no evidence that these awards are uncapped, so even though the value of scholarships might not change much depending on your stats, the prospects of your receiving the award at all probably do depend on higher test scores, etc.
First, consider an OOS applicant with stats higher than the Barrett mean: ACT 32, GPA 3.9, top 5%). The calculator yields a President’s Scholarship valued at $14,000, leaving a net remaining cost of $26,170, about the same as the total cost for an in-state student. Using the same stats for an in-state student yields a President’s Scholarship valued at $10,000, leaving a net remaining cost of $14, 340.
Entering mean scores and GPAs for Barrett students (ACT 29, 3.79, top 12%) yields an OOS award of a Provost’s Scholarship valued at $13,000, with a net remaining cost of $27,170, about the same as the total cost for an in-state student. Entering the same scores for an in-state student yields a Provost’s Scholarship valued at $8,000, leaving a net remaining cost of $16,340.
Entering an ACT of 24, GPA of 3.50, class standing top 25% yields an in-state Dean’s Scholarship valued at $6,000. The same scores for OOS yield a Dean’s Scholarship of $12,500, and a remaining net cost of $27,670.
For purposes of comparison, we estimate that in-state National Merit Scholars who receive no non-merit aid or additional merit aid, end up with a net in-state cost of about $12,000. OOS National Merit Scholars with no aid outside the NMS award have a net remaining cost of about $14,400 a year. The OOS NMS award leaves a net cost roughly equivalent to that of the President’s Scholarship for in-state students.
Editor’s Note: This is the second post in a new, lengthy series that will highlight ten or more public university honors colleges and programs that are (1) excellent academically and (2) offer substantial merit aid either through the honors program or the university as a whole.
For many readers it will come as no surprise to learn the the University of Alabama and its honors college offers some of the most generous merit aid packages in the country to high-achieving students. Yet our recent visit to UA sites revealed an even larger range of excellent scholarships than we had thought were available.
Before a listing of those awards (see below for national merit, in-state, and OOS), please know that the Honors College, despite being the largest in the nation (possibly as many as 7,000 students), nevertheless earned a 4.5 (out of a possible 5.0) rating in our latest book, Inside Honors.
The major academic strengths of the college are a very large selection of honors classes, including honors sections in most academic disciplines; and an average honors class size of 26.6 students, even counting honors classes in the various departments. Honors students also do most of their honors work in honors-only classes, i.e., in classes that have few or no non-honors students.
Excellent honors residence halls are another strength of the college. The honors residence community includes Blount and Paty Halls, but almost 60% of honors students living on campus reside in Ridgecrest North and South, while another 28% live in Ridgecrest East and West.
“These buildings feature 4-bedroom suites with private bedrooms, 2 bathrooms, a living/dining area, and a kitchenette. The kitchenette has a full-size refrigerator, microwave, and cabinet space. The bedrooms feature height-adjustable beds with extended twin mattresses.”
Honors students are increasingly successful in winning prestigious Goldwater Scholarships, including the maximum of four allowed to a single college, in 2017. The award goes to outstanding sophomores and juniors who are working in the STEM disciplines. UA students have also won 15 Rhodes Scholarships and 16 Truman Scholarships.
MERIT AID FOR NATIONAL SCHOLARS
National Merit Finalists can receive the value of tuition for up to five years or 10 semesters for degree-seeking undergraduate and graduate (or law) studies. In addition,
–One year of on-campus housing at regular room rate (based on assignment by Housing and Residential Communities.
—A $3,500 per year Merit Scholarship stipend for four years. A student must maintain at least a 3.3 GPA to continue receiving this scholarship stipend. If a corporate-sponsored scholarship from the National Merit Corporation is received, the total value cannot exceed $3,500. (For example, if you receive a corporate-sponsored scholarship of $2,000 per year, UA will contribute $1,500 per year to reach the total stipend amount of $3,500. There is a one-time allowance of $2,000 for use in summer research or international study (after completing one year of study at UA).
—Technology Enrichment Allowance $1,000.
National Merit Semifinalists are also eligible for extremely generous aid as Presidential Scholars, amounting to full tuition for four years. The award requires a 32-36 ACT or 1450-1600 SAT score and at least a 3.5 GPA. Recipients “will receive the value of tuition, or $41,800 over four years ($10,470 per year). Students graduating with remaining tuition scholarship semester(s) may use these monies toward graduate school and/or law school study at UA.”
ACADEMIC ELITE SCHOLARSHIPS
To be considered for the Academic Elite Scholarships, a student must be accepted as a member of the University Fellows Experience (UFE). The student must maintain membership in the UFE to continue holding an Academic Elite Scholarship. Complete information on the UFE can be found on the University Fellows website.
There are a total of 8 academic elite scholars named each year. The pool of eligible applicants typically exceeds 1,000 students. These scholarships are awarded for 4 years. Seven Academic Elite Scholarship recipients will receive: Tuition plus one year of on-campus housing at regular room rate, $8,500 stipend per year, and a $1,000 one time technology stipend
The top Academic Elite Scholarship recipient will receive: Tuition, one year of on-campus housing at regular room rate, $8,500 stipend for the first year, $18,500 stipend for years 2-4, $5,000 study abroad stipend (to be used after at least one academic year is completed), a $1,000 one time technology stipend.
Eligibility for the University Fellows Experience requires an ACT score of 32 or a SAT score of 1450 (evidence-based reading and writing plus math) and a high school GPA of 3.8 who is accepted into UA will be eligible to complete the University Fellows Experience application. Applicants must first complete the Honors College application, and then must complete the UFE application. The general UFE application deadline is December 15.
OTHER MERIT AID ESPECIALLY FOR IN-STATE STUDENTS
First time freshmen who meet the December 15 scholarship deadline, have a qualifying score on the ACT or SAT and have at least a 3.5 cumulative high school GPA through the junior year will be eligible for the following merit-based scholarships:
Crimson Achievement Scholar: A student with a 25 ACT or 1200-1230 SAT score and minimum 3.5 cumulative GPA will be selected as a Crimson Achievement Scholar and will receive $8,000 over four years ($2,000 per year).
UA Legends: A student with a 26 ACT or 1240-1270 SAT score and minimum 3.5 cumulative GPA will be selected as a UA Legends Scholar and will receive $10,000 over four years ($2,500 per year).
Capstone Scholar: A student with a 27 ACT or 1280-1300 SAT score and minimum 3.5 cumulative GPA will be selected as a Capstone Scholar and will receive $16,000 over four years ($4,000 per year).
Collegiate Scholar: A student with a 28-29 ACT or 1310-1380 SAT score and a minimum GPA of 3.5 a student will be named a Collegiate Scholar and will receive $20,000 over four years ($5,000 per year).
Foundation in Excellence Scholar: A student with a 30-31 ACT or 1390-1440 SAT score and at least a 3.5 GPA will be named a Foundation in Excellence Scholar and will receive $32,000 over four years ($8,000 per year).
Presidential Scholar: A student with a 32-36 ACT or 1450-1600 SAT score and at least a 3.5 GPA will be selected as a Presidential Scholar and will receive the value of tuition, or $41,800 over four years ($10,470 per year). Students graduating with remaining tuition scholarship semester(s) may use these monies toward graduate school and/or law school study at UA.
MERIT AID ESPECIALLY FOR OUT-OF-STATE STUDENTS
Note:These are the same requirements as those above for in-state students, but the dollar amounts are larger. Please note especially the extremely high value of the Presidential Scholarship for OOS students.
Capstone Scholar: A student with a 27 ACT or 1280-1300 SAT score and a minimum 3.5 cumulative GPA will be selected as a Capstone Scholar and will receive $20,000 over four years ($5,000 per year).
Collegiate Scholar: A student with a 28 ACT or 1310-1340 SAT score and a minimum GPA of 3.5 will be named a Collegiate Scholar and will receive $24,000 over four years ($6,000 per year).
Foundation in Excellence Scholar: A student with a 29 ACT or 1350-1380 SAT score and at least a 3.5 GPA will be named a Foundation in Excellence Scholar and will receive $52,000 over four years ($13,000 per year).
UA Scholar: A student with a 30-32 ACT or 1390-1480 SAT score and at least a 3.5 GPA, he or she will be named a UA Scholar and will receive $76,000 over four years ($19,000 per year).
Presidential Scholar: A student with a 33-36 ACT or 1490-1600 SAT score and at least a 3.5 GPA will be selected as a Presidential Scholar and will receive $100,000 over four years ($25,000 per year). Students graduating with remaining scholarship semester(s) may use these monies toward graduate school and/or law school study at UA.
Editor’s Note: This is the first post in a new, lengthy series that will highlight ten or more public university honors colleges and programs that are (1) excellent academically and (2) offer substantial merit aid either through the honors program or the university as a whole.
The decentralized approach allows for the program to work with more than 5,000 students, making the program one of the largest in the nation.
Before a discussion of highly competitive merit awards for OSU students, it should be said that the University Honors Program is extremely selective despite its large enrollment. Our estimate of the average new SAT score for current students is 1470-1490, with an average ACT of 32-33. This equates to roughly the top 10% of OSU students.
While the university-wide six-year graduation rate is about 83%, the honors grad rate is about 91-92%. University Honors students can choose from 250-300 courses each term. More than a thousand first-year students enroll each fall. About 60% of first-year students (more than a thousand) choose among three main honors residence halls. Each residence has its own honor-related programming. Two of the residences are air-conditioned. The remainder of first-year honors students reside in other university residence halls, many of which have living/learning themes.
The Honors Program coordinates the Eminence Fellowship, the most lucrative and prestigious award at the university. Eminence Fellows receive a “full ride” to OSU. In 2917, there were 17 fellows, all members of the honors program.
Given the high selectivity of the honors program, it is no surprise to find that fellows typically rank in the top three percent of their graduating classes and have an ACT composite score of 34 or higher or SAT combined Critical Reading and Math score of 1520 or higher.
Yet even impressive stats do not guarantee a fellowship. “Eminence Fellows demonstrate academic achievement, intellectual curiosity, high regard for humanity, and significant involvement both on and off campus.” Measuring factors such as a “high regard for humanity” is difficult, and so is the winnowing of fellowship applicants: more than 1,200 apply and only 17 fellowships were awarded in 2017.
On the other hand, the university awards about 300 Morrill Scholarshipseach year. The scholarships require both strong academic qualifications and characteristics that contribute to the diversity of the university.
Here, diversity means more than a racial or ethnic profile. The “targeted” students include not only ethnic and racial minorities but also first-generation, low-income, and Ohio Appalachian students. In addition, the awards may go to students whose gender is not typical of the major (e.g., women in engineering), or whose major is atypical but desirable (e.g., agriculture). Notably, Agriculture is one of the disciplines that offer many honors courses via the University Honors Program.
It is important to understand the three levels of Morrill awards:
Distinction equals the value of the cost of attendance for both Ohio residents and nonresidents, or a “full ride.” Only about 25 of the 300 Morrill awards are at the Distinction level. One hundred students are invited to interview for the 25 awards. Recipients likely need ACT 33 or new SAT ~1500 along with an extremely high class rank and achievements.
Prominence equals free tuition for out-of-state students.
Excellence: Equals the value of in-state tuition for Ohio residents.
The minimum stats for Prominence or Excellence awards are about 28 ACT or new SAT ~1320.
It is also possible to receive a Maximus Scholarship based mostly on stats and then be considered, usually later, for a Morrill or even Eminence award. The Maximus minimum stats requirement is high (top 3%, 32 ACT or 1450 new SAT) but not related to diversity goals as far as we can tell. The award approximates half the cost of in-state tuition, or about $5,000.
Finally, Provost and Trustees awards are $2,500 and $1,500 a year, respectively. The Provost minimum requirement is top 10%, 30 ACT, or new SAT of 1390. The minimum requirement for Trustees is top 20%, 29 ACT, or new SAT 1350 or higher.
Public university honors colleges and programs continue to raise their profiles as “value” choices in higher education, as evidenced by columns in the New York Times, attention from college consultants, and a separate focus piece in the 2015 U.S. News Best Colleges publication.
Now comes another U.S. News publication, the Path to College Guidebook, available for $.99 to Compass subscribers. Compass subscriptions are currently $29.95. (Note: we have no affiliation with U.S. News.)
One section by Farran Powell, titled “Strategies for Students Too Rich for Financial Aid, Too Poor for College,” is especially interesting. Powell describes the experience of a mother in Illinois whose daughter was accepted by Boston College, where the yearly price tag was extremely high.
“Our daughter got into Boston College at $68,000 a year,” says the mom, citing the total cost of attending without any need-based aid and paying in cash.
But she and her daughter chose UConn’s honors program because they gave her daughter a $15,000 a year scholarship, leaving about $30,000 a year in total yearly costs, much less than regular out-of-state expenses would have been.
“(The University of Connecticut charged out-of-state students $34,908 in tuition and fees along with $12,174 for room and board for the 2015-2016 school year – which is much lower compared with Boston College, which billed students $49,324 for tuition and fees and $13,496 for room and board for that same year, according to U.S. News data.”
“Households similar to [this] family from suburban Chicago are turning to honors programs and schools that hand out non-need-based aid…especially if they are ‘too rich for financial aid’,” Powell writes.
Powell quotes a Houston wealth adviser, who told her that for “our folks…those with income $150,000 or higher or $200,000 plus…it also depends on how many kids you have and other factors.”
“Many parents realize there’s a shortfall in funds available as the cost of college continues to climb,” Powell writes.
“‘Thirty years ago, putting your kid through school was like buying a car. Now it’s like buying a house,'” the adviser told Powell.
Powell writes that “Many National Universities, institutions that offer a full range of undergraduate majors as well as master’s and doctoral programs, offer these types of programs along with merit aid to attract high-achieving students to their campuses, college experts say.
The same wealth adviser says “his clients are turning down top-tier schools such as Rice University and Southern Methodist University for in-state honors programs at the University of Texas—Austin or Texas A&M University—College Station because it’s better value for the money.”
“People are making their own way in the world,” the suburban mom told Powell, “and I don’t think you need to spend $70,000 a year on college to get ahead.”