63 Colleges With the Best Financial Aid

Last Updated Feb 18, 2011 11:04 AM EST

What schools provide the best financial aid for college?
It's an excellent question to ask if you are going to need financial aid for school. Most families, by the way, fall into that category.

The most generous schools meet the full financial need of their students. Just a fraction of colleges and universities, however, can make that promise because it requires a huge student financial aid commitment.

In fact, according to a new U.S. News & World Report survey, only 63 schools out of 1,700 colleges and universities claim that they meet their students' full financial need. You can see the U.S. News story here:

Which College Claim to Meet Students' Full Financial Need?
When evaluating the generosity of schools, you will want to discover if schools include just grants (free money) and a work/study job in their financial aid packages. Nearly all schools also include loans in their packages so when researching schools, check the breakdown of loans versus grants. You can find that kind of information within profiles of individual schools on the websites of the College Board and COLLEGEdata.

Here are the schools on US News & World Report's list in alphabetical order:

63 Most Generous Colleges and Universities

  1. Amherst College
  2. Barnard College
  3. Bates College
  4. Boston College
  5. Bowdoin College
  6. Brown University
  7. Bryn Mawr College
  8. California Institute of Technology
  9. Carleton College
  10. Claremont McKenna College
  11. Colby College
  12. Colgate University
  13. College of the Holy Cross
  14. Columbia University
  15. Connecticut College
  16. Cornell University
  17. Dartmouth College
  18. Davidson College
  19. Duke University
  20. Emory University
  21. Franklin W. Olin College of Engineering
  22. Georgetown University
  23. Gettysburg College
  24. Grinnell College
  25. Hamilton College
  26. Harvard University
  27. Harvey Mudd College
  28. Haverford College
  29. Macalester College
  30. MIT
  31. Middlebury College
  32. Mount Holyoke College
  33. Northwestern University
  34. Oberlin College
  35. Occidental College
  36. Pitzer College
  37. Pomona College
  38. Princeton University
  39. Reed College
  40. Rice University
  41. Scripps College
  42. Smith College
  43. St. Olaf College
  44. Stanford University
  45. SUNY College of Environmental Science and Forestry
  46. Swarthmore College
  47. Thomas Aquinas College
  48. Trinity College
  49. Tufts University
  50. University of Chicago
  51. University of Dayton
  52. University of North Carolina Chapel Hill
  53. University of Northern Colorado
  54. University of Pennsylvania
  55. University of Richmond
  56. University of Virginia
  57. Vassar College
  58. Washington and Lee University
  59. Washington University, St. Louis
  60. Wellesley College
  61. Wesleyan University
  62. Williams College
  63. Yale University
Disclosure: I write a weekly blog post for US News and contribute monthly to a financial aid newsletter for COLLEGEdata.

Lynn O'Shaughnessy is the author of The College Solution and she also writes for TheCollegeSolutionBlog.
Financial aid for college image by Nepowa. CC 2.0.

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