"It makes no sense to go to an engineering school if you want to major in biology," notes Arnold Woods, director of financial aid at Iowa's Grinnell College. "There has to be some rationale for selecting an institution, so a student should select an institution because of its excellence of what it does and what it offers. Certainly, finances are part of that process.
"If you're looking at several schools with like qualities that you're looking for and one offers a more handsome award, that makes the selection process a bit easier."
