Private Scholarships vs Merit Scholarships: What Families Need to Know
Private scholarships are the biggest distraction in the college affordability world — and today, we’re setting the record straight.
In this episode of Old College Try, hosts Matt Carpenter and Peg Keough break down what families think they know about scholarships versus how the system actually works. From the myth of private scholarship riches to the colleges where every admitted student gets a discount, Matt and Peg unpack the real strategies that lead to meaningful savings.
You’ll learn:
Why private scholarships account for only 3–5% of all financial aid—and why they shouldn’t be your…
The skinny
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