The university offers both need- and merit-based aid.

"Colleges taking another look at value of merit-based aid."

Another example is merit-based aid, in which the school will grant high achieving students money.

Most state governments provide need-based scholarship programs, a few also offering merit-based aid.

There has also been a positive correlation between providing merit-based aid and degree completion.

Specifically, research confirms that merit-based financial aid often takes into account student need and vice versa.

Altogether about 90% of students receive either need-based or merit-based financial aid.

Of the freshmen, 64% are from outside Massachusetts and 90% receive need- or merit-based financial aid.

How much will grades affect your chances obtaining merit-based and need-based aid?

Qualified students may be eligible for need- or merit-based financial aid.