We’re excited (and appropriately embarrassed) to be releasing the Beta version of Edmit today. Students and parents can get estimates of what financial aid they are likely to receive based on thousands of historical data points at over 2,000 four-year colleges. Edmit also lets students and families get a more complete picture of a college’s cost, and the average debt and earnings of its graduates. Over time, we will further personalize this information based on a student’s individual attributes. You should check back frequently as we will be updating the website daily throughout this year’s college admissions season.
In addition to providing accurate, personalized estimates for financial aid, Edmit will help students and families increase the financial aid awarded by colleges they are admitted to, ensuring they are getting the best deal on what for many is the largest and most important purchase decision they will make in their life.
Our mission is to create greater price and value transparency for college-bound students and their families, helping students better evaluate their financial aid options and ultimately pay less for college. Consistent with that mission, the information on Edmit is free for everyone and students can appeal their aid through Edmit at their top college choice for free.
With this Beta version, we are also introducing Edmit Plus for students and families who would like to ensure they get the most out of our platform. Plus membership includes:
Becoming an Edmit Plus member costs $49, less than the cost of a single college application fee. So that every student is better informed and has the same opportunity, a portion of the $49 goes to our access fund, which makes Plus benefits available for free to students who are underserved in the college process. We’re partnering with inspiring, access-oriented nonprofits and organizations to make sure all students can get the full benefits of Edmit.
Our product is in "Beta" so please note that our estimates might be inaccurate, and in some cases significantly so. We are constantly working to identify flaws and improve our estimates. You can see a list of known flaws and submit new ones at https://www.edmit.me/data.
Nick, Sabrina & the Edmit team
Founded by recognized university leaders, Edmit provides personalized insights and advice to help families find colleges that meet their academic goals and are within their financial means. Families that use Edmit make smarter college choices leading to less debt and better earnings outcomes, saving thousands of dollars.