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Transferring from one college to another can be a complicated process. You’ll have to fill out new applications and make sure your credits are accepted, which can add up to a ton of work.
Luckily, there are some great schools out there that make it easier on students who want to transfer by offering financial aid packages that are open to transfer students.
Here are our top picks for the best colleges with the best financial aid for transfer students:
-University of California – Los Angeles (UCLA)
-University of California – San Diego (UCSD)
-New York University (NYU)
Colleges With Best Financial Aid For Transfer Students
Introduction
Transferring can already be a complicated and confusing process. Add the prospect of financial aid to the mix, and students can feel overwhelmed by what their new degree may cost. But you don’t need to worry about anything like that! In addition to the institutions below, most schools are well-equipped to help transfer students navigate scholarship requirements and other financial aid processes. All you have to do is reach out to your school’s financial aid office, ask questions, and see what they have available for you.
College of William & Mary
- College of William & Mary
The College of William & Mary offers a generous financial aid program for transfer students. If you’re admitted to W&M as a transfer student, you’ll be eligible for the Tuition Remission Scholarship Program (TRSP). As long as you maintain good academic standing and meet other criteria, this program will pay your tuition at the in-state rate. You can also receive between $2,000 and $5,000 per year in Perkins Loan funds from the college’s Office of Student Financial Aid Services for up to five years if necessary.
University of Michigan-Ann Arbor
The University of Michigan-Ann Arbor (UM) is one of the largest schools in the country, with a student body of over 43,000. Its rolling admissions process means you can apply for fall admission any time between January and March, but if you’re hoping to be admitted for spring or summer semester, you’ll have to plan ahead.
As far as financial aid goes, UM offers need-based grants that range from $1,000 to $50,000 per year; there’s also an “outstanding talent” award up to $20,000 yearly and a transfer scholarship at $10-$12K/year. In addition to these awards, UM students can earn money through their part-time jobs on campus or off—up to 20 hours per week during school terms without affecting your academic standing—and may also qualify for federal loans.
University of North Carolina at Chapel Hill
The University of North Carolina at Chapel Hill (UNC) is a public research university that consistently ranks among the top universities in the nation. Located in Chapel Hill, North Carolina, it was chartered in 1789 and has about 26,000 students. It’s known for its academic excellence, athletics and its research programs. The school’s transfer acceptance rate is high at 61% while their yearly tuition is only $7,500 a year for out-of-state students and $12,650 for state residents who live within 100 miles of campus (other costs vary). These factors combined make UNC one of the best colleges with financial aid for transfer students!
Amherst College
If you are a transfer student, you have the option to apply for financial aid through Amherst College. The school has a strong transfer student program and will process your application in a timely manner.
Amherst College is selective about the students that it accepts as transfers. If you are not accepted into the school, but still want to attend, contact them about becoming an affiliate student at another nearby college or university.
Cornell University
Cornell University is a private Ivy League research university located in Ithaca, New York. Founded in 1865, the university is situated on an campus overlooking Cayuga Lake and includes seven constituent colleges: Arts and Sciences, Engineering and Applied Sciences, Human Ecology, Hotel Administration, Industrial and Labor Relations School, the College of Veterinary Medicine and Agriculture.
The university was first established as Cornell University Agricultural College in 1865 by Ezra Cornell and Andrew Dickson White. In 1868 it was renamed Cornell University after its founders.
The university has over 100 different buildings across its various campuses as well as several off-campus facilities; these include the Weill Cornell Medical College in Qatar which opened in 2004 together with an associated teaching hospital (the Hamad Medical Corporation) under an agreement between the two institutions;
and Cornell Tech which opened in 2017 on Roosevelt Island where it shares space with Google
Wellesley College
Wellesley College is one of the top colleges in the country. It’s a women’s college located in Massachusetts and has a low transfer acceptance rate, so it can be difficult to get into as a transfer student.
Wellesley College offers financial aid to transfer students through their Transfer Grant Program. The program gives preference and priority to applicants who are eligible for admission to Wellesley College via any of its transfer pathways and have demonstrated an interest in attending Wellesley by applying prior to completing all other applications (including those at other colleges), visiting campus and submitting an application for Transfer Admission by February 1st of their senior year.
Stanford University
Stanford University is a private research university located in Stanford, California, United States. The school was founded in 1891 by Leland Stanford Junior and his wife, Jane Lathrop Stanford, as a memorial to their only child who died at the age of 15 months. It opened in 1891 on October 1 when it was still known as the Leland Stanford Junior University. In 1925, the university changed its name from “Leland Stanford Junior University” to “Stanford University”.
Dartmouth College
- Dartmouth College is a private Ivy League research university located in Hanover, New Hampshire.
- The school has a transfer policy that considers previous college credits and/or degrees for applicants who are admitted to the undergraduate program.
- The financial aid policies at Dartmouth include grants, scholarships, loans and work-study programs. There are also on-campus jobs available to students who qualify for them.
University of Pennsylvania
The University of Pennsylvania is an Ivy League school that offers a wide range of financial aid options for transfer students. The university provides need-based aid to transfer students, but also offers merit-based aid programs for highly qualified applicants. In addition to scholarships, grants and loans, UPenn also says it will consider work study as a form of payment for those who do not qualify for financial aid.
Brown University
- Brown University is the best college for transfer students
- Brown University has a high transfer acceptance rate
- Brown University has a low transfer student tuition rate
- Brown University has a low transfer student cost of attendance
- Brown University has a high transfer student graduation rate
Transfer students shouldn’t have to worry about paying for college.
Transfer students shouldn’t have to worry about paying for college. A transfer student is someone who has already attended one or more colleges and is now interested in transferring to another institution of higher education. Transferring can be a very exciting time, but it’s important that you’re aware of all the financial aid options available to you as a transfer student.
All colleges will help students get the financial aid they need, but some are better than others at making the process easy and understandable. You should not be worried about paying tuition at your dream school because of complicated processes or having trouble understanding financial aid forms. The colleges on our list made an effort to make their financial aid process easy for everyone involved by offering clear explanations about how much money each type of award will cover and steps for applying for them (some schools even offer online applications).
Conclusion
As you can see, there are plenty of options out there if you’re looking to transfer schools and save money. But remember, it’s not just about finding a college with the lowest tuition or best financial aid package—it’s also important that it be a place where you feel like you can succeed academically and socially. So do your research and make sure that any of these schools would be a good fit for what you want out of higher education!
