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Evaluation by Scubafan
You will need citation below your draft for final one. I agree with you. I also think that merit base financial aid rather than need based one would be inevitable at Georgia Tech since our school is one of the highest level engineering school. However, you can expand your argument if you consider the financial aid from the point of view of needed students, for example, needed students can be as smart to get merit based financial aid as the other. But overall, your draft is consistant with your position and very good.
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