How should I compare merit scholarship offers from Georgia Tech and Purdue?

I’m a high school senior deciding between Georgia Tech and Purdue for engineering, and both schools are strong academic fits. If I receive different merit scholarship amounts, I want to compare the offers based on their actual value rather than focusing only on the headline award.
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The biggest practical tradeoff is not the scholarship headline but the four-year net cost after each school’s different tuition, housing, and renewal rules. For engineering, Georgia Tech and Purdue both offer excellent academics, so a meaningful price difference can reasonably outweigh modest differences in program preferences.

Build a four-year worksheet for each school using the cost of attendance shown in its financial-aid materials: tuition and mandatory fees, housing and food, books and supplies, health insurance if applicable, transportation home, and personal expenses. Subtract only aid that is actually guaranteed. Keep grants and scholarships separate from loans, work-study, parent borrowing, and outside scholarships, since those do not reduce cost in the same way.

Read the renewal language closely. Note the required GPA, enrollment level, credit completion, major restrictions, whether the award lasts four years or a set number of semesters, and whether it can be combined with state or outside aid. Georgia residents should specifically account for any HOPE or Zell Miller eligibility alongside Georgia Tech aid; those programs can materially change the comparison. Also check whether an award is tuition-only or may be used for housing and other billed expenses, and whether it could affect need-based aid in later years.

Use realistic, not minimum, living-cost estimates. A scholarship that is larger at one school may matter less if that campus costs more to live near, requires more expensive travel, or has higher fees. For both schools, factor in likely summer earnings, co-op plans, and whether taking a co-op term could change scholarship enrollment requirements or time to graduation.

The better financial offer is the one with the lower realistic four-year family cost after accounting for renewal risk and any state aid, provided neither school has a clear academic or personal advantage for you. A small difference may not decide the choice, but a large, renewable gap should carry substantial weight because Georgia Tech and Purdue are both highly credible engineering destinations.
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