Financial Assistance Department
Oberlin College Announces New Midwest Merit Scholarship
Oberlin College, a prestigious private liberal arts college located in Ohio, is taking strides to make higher education more accessible for students from the Midwest region. The college has launched a new initiative, the Midwest Merit Scholarship, designed to recognise and reward academic and musical excellence in top students from 12 Midwestern states.
Starting in fall 2025, all new enrolling students from these designated states will automatically qualify to receive $25,000 each year, totaling $100,000 over four years. This scholarship is in addition to the financial aid that Oberlin College offers to all students, which includes a Quick Cost Estimator and a Net Price Calculator to help families estimate their need-based financial award and the cost of college, respectively.
The Office of Financial Aid at Oberlin College handles financial aid applications for all students, including prospective, international, and returning students. Financial aid applications for prospective students are currently available. It's important to note that the college meets 100% of demonstrated need for every student as calculated by the Office of Financial Aid.
Grants and scholarships typically make up about 75% of a student's award at Oberlin College, with the balance composed of work-study and low-interest loans. In addition to the Midwest Merit Scholarship, all applicants to Oberlin College's College of Arts & Sciences and/or Conservatory of Music are considered for merit-based scholarships, including a renewable $10,000 Oberlin Commitment Scholarship awarded to all new students who apply and enroll in these programmes.
The Federal School Code for FAFSA at Oberlin College is 003086, and the CSS Profile Code is 1587. The staff at Oberlin College's Office of Financial Aid maintains strict confidentiality with students' and families' personal information.
To get the most accurate and up-to-date information about costs specific to residency and the exact amount of the Midwest Merit Scholarship, it's recommended to visit Oberlin College's official website or contact their admissions office. Financial aid calculators or scholarship information specific to regional awards can also provide clarification on precise net costs for Midwest students.
Typically, Oberlin College charges a published cost of attendance (tuition, fees, room, and board) around $77,000 annually for all students. The Midwest Merit Scholarship is an institutional scholarship aimed at students from designated Midwest states to incentivize regional enrollment. The typical Midwest Merit Scholarship amount at Oberlin College usually ranges approximately between $10,000 and $20,000 per year but can vary based on admissions decisions and other criteria.
For eligible students from Ohio and the 11 Midwest states, the net cost could be reduced by the scholarship amount from the published cost. For example, if the full cost is about $77,000, a $15,000 merit scholarship would reduce that cost closer to $62,000 annually before any additional aid.
In conclusion, Oberlin College's new Midwest Merit Scholarship initiative is a significant step towards making higher education more affordable for students from the Midwest region. Prospective students are encouraged to explore the financial aid options available and visit Oberlin College's website or contact their admissions office for the most accurate and up-to-date information.
The Midwest Merit Scholarship at Oberlin College, a prominent private liberal arts institution, provides financial assistance to students from 12 Midwestern states, thereby offering a unique blend of education-and-self-development and business opportunities. This scholarship, when combined with the financial aid and aid calculators offered by Oberlin College, can significantly decrease the cost of business and education for eligible students.
By offering scholarships like the Midwest Merit Scholarship, Oberlin College fosters an environment that encourages academic and musical excellence within the business world, promoting a culture of finance-savvy individuals equipped with top-tier education and self-development skills.