Scholarships & Financial Aid

Academic Scholarships

  • Any colleges offer scholarships based on academic achievement, standardized test scores, talent, and leadership in order to attract outstanding students. Competition for these scholarships is intense.
  • Each college lists available scholarships on its website.
  • It is the student’s responsibility to explore scholarship opportunities.
  • Students may apply for some scholarships; Country Day must nominate its candidates for others; and some colleges select candidates from the applicant pool without any separate application.
  • Scholarship information is published in the Daily Bulletin and distributed to seniors at grade level meetings, as well as being posted on the board in the entrance to the Upper School dining hall.

Financial Aid

  • Financial aid is assistance based solely on “need”--the family’s ability to pay versus the cost of attending a college.
  • To determine the amount of need your family has at a particular college, the college will require your family to submit a standardized financial statement--the Free Application for Student Aid (FAFSA).
  • Families may also be required to answer additional questions on a separate, non-federal form in order to be considered for state or institutional aid--the CSS PROFILE form from the College Board. A fee is charged for processing this form.
  • Parents must complete both of these forms online.
  • The college will try to offer a financial aid package (consisting of work/study, loan, and grant) which will absorb the difference between the expected family contribution (EFC--based on the college’s computation of the family’s ability to pay) and the actual cost of attending that college.
  • The actual cost of attendance includes not only tuition, room and board, but also transportation, books, etc.
  • Since college costs vary, the amount of your financial aid package may also vary from college to college.
  • Many colleges have a Net Price Calculator on their website-–a useful tool for families to estimate their cost of attendance.
  • The best source of information on financial aid and scholarships can be found online.
  • Avoid any web sites that require payment! The best sites are free.
  • Parents should also contact the financial aid offices at the colleges and universities their students are applying to; it is the financial aid office’s job to help and provide parents with the appropriate information.

Financial Aid Tips
Helpful Financial Aid Web Sites

Cappex:  www.cappex.com
Chegg:  www.chegg.com
College Board:  https://bigfuture.collegeboard.org/pay-for-college
College Foundation of North Carolina (CFNC):  www.cfnc.org
CSS Profile: https://cssprofile.collegeboard.org/
Free Application for Federal Student Aid (FAFSA): https://fafsa.ed.gov/
FAFSA4caster
Fastweb:  www.fastweb.com
FinAid!:  www.finaid.org
Going Merry:  www.goingmerry.com
Peterson’s:  www.petersons.com
Unigo:  www.unigo.com
U.S. Department of Education Net Price Calculator: https://nces.ed.gov/ipeds/netpricecalculator/#/
Financial Aid 101 (presentation by Queens University of Charlotte)