I see many private colleges give admission offer on the basis of financial need. Even the ivy school, UPENN emphasizes on the financial ability to pay. I want to take the full opportunity of the upcoming early decision plan. I guess the colleges with less selective acceptance rate care more about EFC than the colleges with the very selective acceptance (like ivies).
Now, I have a question about which type of private college should I focus on the early decision plan on the basis of the finances? Also is Upenn a good choice to apply in early decision for who student who wants around 60k aid?
The link Krishna suggested is a good place to start. Most colleges in that list offer generous amount (full tuition is most cases) provided that you meet other qualifications. Bhushan has stressed on the imporant factor: “I would recommend looking into colleges that regularly take in Nepali students instead of ones that haven’t taken Nepalis for a while.” Try to find colleges which has been accepting or has accepted Nepali students in the past. Having a good reputation of Nepali students highly influences colleges to take another nepali student. It is like a chain. But if you are confident about your stats and want to apply to colleges which has not accepted any Nepali student- then you may be the first one-so go ahead.
As Bhushan mentioned above, well reputed colleges and universities are the ones that can afford to provide generous financial aid to international students. UPenn is one of those well reputed colleges. However, do remember that UPenn is a very selective uni. If you have great grades, reco and extra-curriculars by all means go for it.
You may also find some universities here: http://collegesodhpuch.com/resources/potential-us-universities-for-nepalese-students/
Focus on the colleges that can give you the amount of aid you need.
(Your question might be faulty here. I think what you are looking for is not the amount of aid you need, but the amount you can afford. For eg, you might get $60k aid at Tufts University but the cost of attendance is still $73k, which might still be more than you might expect to pay).
If you need a lot of aid, aim for well-reputed and highly ranked colleges. Upenn is definitely right up there. Ask their admission officers if intnl students get the amount of aid you need to confirm.
I want to take the full opportunity of the upcoming early decision plan.
For this, I would recommend looking into colleges that regularly take in Nepali students instead of ones that haven’t taken Nepalis for a while.