| I know full pay can be a plus, but don't feel like you can't ED and also apply for FA. DS did, was accepted and got $20,000 in FA. He knew he wouldn't qualify for merit at the school, so waiting for that was not a factor in the decision to ED. |
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I wonder if ED 1 is harder than ED 2 in that most athletes are in ED 1 pool? Or maybe schools know that and admit fewer ED 2. I also think that this year schools seemed to want to take care of other institutional priorities ED 1 like socio-economic and other diversity.
The main thing with ED is that you have to make sure your child wont regret getting in or pine for another school, bc once you're in its over and you'll never know what your other options are. |
| I love parents who are banking on being full pay to get their kids into college. Y'all really think your money can buy anything. |
Schools with large endowments do not need to use ED to improve their financial situation -- so those schools will probably take their normal percentage of ED students (including full pay and FA needing students). And of course some of the most competitive schools offering ED are need blind for admissions and also meet full financial need. |
| Full pay can't buy everything. But it can buy the benefit of the doubt. |
I just read the thread where posters squashed an OP who described how his daughter was passed over for a team position in favor of a bigger donor’s child. A school sport but no money from the school. The coach had sent an email implying pay for play and everyone thought that was normal... so, I’m not surprised. |
Reality is what it is, despite it being distasteful to many. Better to understand reality than to ignore it. And the reality is, full pay is a big benefit at need-aware schools, especially when applying ED. Those need-aware policies help colleges provide financial aid to students who, just a generation or two ago, would not have been able to afford to attend at all. |
| What schools are need aware? |
Easy enough to Google (most schools are not need blind, btw): https://blog.prepscholar.com/need-aware-colleges |
Yes, I did Google and came up with that same article - which does not specifically list need-aware schools. Should I assume that if the school is not need-blind, then it would definitely be need-aware? |
Did you see this part:
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| There are more need aware schools now than there was 18 months ago. |
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Also be aware that “need blind” policies, either specifically, or in practice, do not apply to the waitlist. The more cynical among us have suggested that this is one factor behind the size of the waitlists this year (in addition to uncertainty about yield). We shall see once the waitlists start moving.
https://www.forbes.com/sites/realspin/2017/06/04/how-college-waitlists-work-against-low-income-students/?sh=497387582277 But colleges don’t only use the waitlist to ensure they enroll an exact number of students; often, they help keep the school within their financial aid budget. In 2008, Reed, a small liberal arts college in Oregon, considered financial need in the first round of admissions. But when it turned to the waitlist, it only accepted students that were able to pay. For students on the waitlist at a selective college, it’s almost guaranteed that financial need is being taken into account. While universities with large endowments are an exception, colleges become more aware of student’s financial need as they begin narrowing down their incoming class. Karen Crowley, a former admissions officer at the University of Pennsylvania, admitted rules can change even at need-blind schools when it comes to the waitlist. “It’s not an official practice,” she says, “but admissions officers are human.” |
Really? Which ones changed? |
| Schools always need some full freight suckers. |