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Which colleges in the Midwest award merit-based financial aid to the most students?

March 13, 2019

If you are applying to colleges in the Midwest, then you may be wondering which colleges and universities in the region award merit-based scholarships to the most students.  Merit-based scholarships, unlike need-based financial aid, are awarded to students based on academic or other merit rather than demonstrated financial need.  The percentage of students who receive merit-based financial aid can vary dramatically by school, but in general, private colleges award more merit-based aid than public institutions.  (Merit scholarships are also awarded by other entities such as churches and community organizations.) Only two schools in the entire country (of which one is Walsh University in Ohio) offer merit-based aid to 100 percent of students, while some colleges award merit scholarships to as little as one percent of the student population.  Especially if you do not qualify for substantial need-based financial aid, it is important to prioritize schools that offer the most merit-based assistance.


Here we present the colleges and universities in the Midwest that offered merit-based financial aid to at least eighty percent of students for the 2017-18 school year:


Midwestern Schools that Award the Most Merit Scholarships

Institution Name

Location

Percent of Students Awarded Merit Scholarships

Walsh University

Ohio

100%

Clarke University

Iowa

99%

Northwestern College

Iowa

98%

Albion College

Michigan

98%

Andrews University

Michigan

96%

St. Catherine University

Minnesota

96%

John Carroll University

Ohio

96%

College of Saint Benedict

Minnesota

95%

Augustana University

South Dakota

95%

Saint John’s University

Minnesota

89%

Rose-Hulman Institute of Technology

Indiana

88%

Millikin University

Illinois

86%

Robert Morris University

Illinois

86%

Alverno College

Wisconsin

86%

University of Central Missouri

Missouri

85%

Cedarville University

Ohio

84%

Oberlin College

Ohio

80%