To assist you in the important process of financing a college education, we encourage you to submit our Early Estimator form to determine whether you will qualify for need-based assistance, a merit award, or both.
Need-based assistance is aid offered based on a determination that a family lacks the financial resources to pay for a given school year. We will determine your family's need using the Federal Methodology need analysis formula, which evaluates your family's reported annual income and financial assets (excluding retirement accounts, home equity, and family farm equity) relative to Sweet Briar's expected 2014-2015 cost.
Merit aid is aid based on the student's high school academic and/or extracurricular achievements, and is determined at this stage by reviewing the high school transcript and standardized test scores.
We will review the transcript and test results, compute your Expected Family Contribution using the Federal Methodology formula, and send you a written response telling you whether you will qualify for need- and/or merit-based assistance for the coming school year.
Need aid eligibility in future years will depend on family financial resources, the number of children in the family attending college, and the costs of other colleges attended by children in the household; if there is no change in these factors from year to year, you can count on a similar amount of assistance from year to year.
Merit aid eligibility in future years will depend on you meeting the renewal terms of your merit award—for most types of scholarships this means remaining in good academic standing.
Once you submit your early estimator, you will receive an estimated award letter from our Office of Financial Aid shortly.