Top 50 schools where full pay makes a difference
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Anonymous
Waitlist is where they really prefer the full-pay kids. Go look at the private school kids committing to T50s after May 1. So much waitlist movement for prep schools. Part of being full pay is that you’re supposed to understand how the game is played. |
Anonymous
| Brown, Georgetown, Cornell, Lehigh…there are a bunch. Basically it’s the same list of schools that ask middle income families for $70k a year when their counterparts come in closer to $40-50k. |
Anonymous
Brown and Dartmouth are need blind My MC kids got great FA at both of these schools |
Anonymous
Incorrect about Brown. More like 35/40k. And they are need blind. Cornell is also need blind. Recent admit got good FA there. |
Anonymous
I think both Dartmouth and brown are need blind. |
Anonymous
That’s not true if they are living off the interest from a huge endowment. |
Anonymous
I think the PP meant financial aid not merit aid in their post. And the post is not confusing if you can stand back and understand the economics. The full pay students essentially pay for the financial aid kids. Which is why in most need blind schools, you will still have 1/2 to 2/3 of the student body paying full price. It’s nice that your kid got a merit award, mine did too, but they chose to go to pass it up for another college. |
Anonymous
| Is there no one that has compiled a list of schools that do not advertise themselves as need blind? |
Anonymous
Ugh you don’t understand endowments. |
Anonymous
My good friend Google has. The search term is “list of colleges that are need aware”. You’re welcome. |
Anonymous
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From the other thread:
For T50, its best to omit SSN and not complete FAFASA for these schools if you are full pay - it doesn't matter anywhere else in the T50: UChicago Rice Vandy ND Georgetown Emory WashU USC NYU BC Tufts BU Lehigh Wake |
Anonymous
All the Ivies are need blind. Brown too |
Anonymous
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There are very few privates that are need-aware, i.e., not explicitly need-blind, in the Top 50.
Mystery: how a particular college can end up at the same/similar % of students on financial aid year after year. Maybe via the waitlist, as the WL is almost always need-aware, but those numbers of students are insignificant. I suspect algorithms of some sort are involved. I suspect, but cannot confirm, that for some schools, being a potential big donor might be mildly helpful - as in, having publicly-recorded assets that are significant. Georgetown has implied this in the past. However, this is not the same thing as being full pay. Yet such kids with qualified stats are still rejected routinely, so it's hard to say whether this actually plays any role at all in admission decisions. Also, about WL being need-aware, the chances of getting off the WL are quite slim even for full pay. It happens, sure, but that's a function of the particular admission season. Many top schools have been using the WL very little lately (with the exception of summer 2020). Accept a spot on a WL if offered, but then forget about that school. Maybe there will be a happy surprise, but probably not. |
Anonymous
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Need-aware privates in, or near, the top 50, depending on what ranking you are using:
WashU Wake Forest RPI Villanova Need-aware privates, going beyond Top 50: U Miami Pepperdine GWU WPI American Loyola Marymount Stevens Inst Tech Marquette Gonzaga BYU Howard U San Diego Clark RIT Drexel U San Francisco U Denver Fairfield U Creighton Loyola Chicago Temple Clarkson The New School Seattle U Bentley RISD Loyola Maryland U Portland Whitworth |
Anonymous
Where does this list come from? Curious, because almost all of these are explicitly need-blind for admission. |