Where "full pay" really helps?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:it’s common sense - what do institutions and the privileged elite want you to believe? because who benefits? I agree that not being able to apply ED and not being able to fully evaluate all options available to a student is discriminatory in nature. Apply everywhere and evaluate options based on relative affordability

Why? We're full pay but DC still gets just the one ED shot. Why is it fair that you get unlimited ED opportunities?

nothing said anywhere about multiple ED applications

Right but the ED agreement is if you apply ED & are accepted, that you’ve agreed you’ll attend the ED school and you withdraw all other apps. You dont just continue on with applications to see which is the best deal. That’s the entire point of ED — it’s binding.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:it’s common sense - what do institutions and the privileged elite want you to believe? because who benefits? I agree that not being able to apply ED and not being able to fully evaluate all options available to a student is discriminatory in nature. Apply everywhere and evaluate options based on relative affordability

Why? We're full pay but DC still gets just the one ED shot. Why is it fair that you get unlimited ED opportunities?

nothing said anywhere about multiple ED applications

Right but the ED agreement is if you apply ED & are accepted, that you’ve agreed you’ll attend the ED school and you withdraw all other apps. You dont just continue on with applications to see which is the best deal. That’s the entire point of ED — it’s binding.

But there is an out if the financial aid offer is inadequate

[Anonymous]

Anonymous wrote:Early Decision at Northwestern U

This is inaccurate. May have been true in the not-too-distant past, but over the past few years Northwestern has dramatically increased the percentage of students who are receiving financial aid. Over 60% of matriculated students receive significant, no loan financial aid grants.

[Anonymous]

Anonymous wrote:none of the T15. Won’t even give a lift at top tier elite colleges outside of T15, like Georgetown, CMU, or Cornell. Probably starts making a difference after T50 national universities and T30 LACs

Disagree with this post--especially regarding Georgetown.

[Anonymous]

Anonymous wrote:

Anonymous wrote:none of the T15. Won’t even give a lift at top tier elite colleges outside of T15, like Georgetown, CMU, or Cornell. Probably starts making a difference after T50 national universities and T30 LACs

Disagree with this post--especially regarding Georgetown.

If the school is need aware, it by definition helps. If the school is need blind, there is a separation of church and state. They don’t look at the financial profile. Part of the reason is that the schools share financial information and they would get sued. They make sure they get enough full pays without looking at each file by using analytics

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:none of the T15. Won’t even give a lift at top tier elite colleges outside of T15, like Georgetown, CMU, or Cornell. Probably starts making a difference after T50 national universities and T30 LACs

Disagree with this post--especially regarding Georgetown.

If the school is need aware, it by definition helps. If the school is need blind, there is a separation of church and state. They don’t look at the financial profile. Part of the reason is that the schools share financial information and they would get sued. They make sure they get enough full pays without looking at each file by using analytics

Are you kidding ?

Are you aware of the 568 President's Group of which Georgetown was a member and is now a co-defendant ?

[Anonymous]

Georgetown's endowment is small compared to those of its peer schools.

[Anonymous]

They make sure they get enough full pays without looking at each file by using analytics

This is true - there's plenty of meta data to use. But, schools can also look at applicants that check they don't need aid and who don't submit a FAFSA. I can't think of a situation where being full pay would hurt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:none of the T15. Won’t even give a lift at top tier elite colleges outside of T15, like Georgetown, CMU, or Cornell. Probably starts making a difference after T50 national universities and T30 LACs

Disagree with this post--especially regarding Georgetown.

If the school is need aware, it by definition helps. If the school is need blind, there is a separation of church and state. They don’t look at the financial profile. Part of the reason is that the schools share financial information and they would get sued. They make sure they get enough full pays without looking at each file by using analytics

Are you kidding ?

Are you aware of the 568 President's Group of which Georgetown was a member and is now a co-defendant ?

I actually read the complaint. The main argument is that they don’t honor need blind by favoring very rich development kids and in other ways. But they didn’t have evidence that they actually look at individual financial aid profiles. As I said, they have other ways to get what they want - a class that has enough full pay kids without checking each file. Analytics and estimates good enough

[Anonymous]

Anonymous wrote:

Anonymous wrote:Early Decision at Northwestern U

This is inaccurate. May have been true in the not-too-distant past, but over the past few years Northwestern has dramatically increased the percentage of students who are receiving financial aid. Over 60% of matriculated students receive significant, no loan financial aid grants.

I am PP from first quote. My DC applied there ED in 2018. At that time the regular acceptance rate was 11% and the ED acceptance rate was 25%. Because we were full pay we had the luxury of applying ED without concern about being able to look at other acceptances and offers or financial aid or merit aid. Just saying.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Early Decision at Northwestern U

This is inaccurate. May have been true in the not-too-distant past, but over the past few years Northwestern has dramatically increased the percentage of students who are receiving financial aid. Over 60% of matriculated students receive significant, no loan financial aid grants.

I am PP from first quote. My DC applied there ED in 2018. At that time the regular acceptance rate was 11% and the ED acceptance rate was 25%. Because we were full pay we had the luxury of applying ED without concern about being able to look at other acceptances and offers or financial aid or merit aid. Just saying.

ED is backdoor need aware

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:it’s common sense - what do institutions and the privileged elite want you to believe? because who benefits? I agree that not being able to apply ED and not being able to fully evaluate all options available to a student is discriminatory in nature. Apply everywhere and evaluate options based on relative affordability

Why? We're full pay but DC still gets just the one ED shot. Why is it fair that you get unlimited ED opportunities?

nothing said anywhere about multiple ED applications

Right but the ED agreement is if you apply ED & are accepted, that you’ve agreed you’ll attend the ED school and you withdraw all other apps. You dont just continue on with applications to see which is the best deal. That’s the entire point of ED — it’s binding.

It’s a contract, and they are binding so long as parties are willing to go to court. Do you think any school would be willing to sue to enforce a contract that on its face is probably violates consumer and competition laws in most states? If they win, the contract stands, if they lose, good bye ED in that state they sue. The risk seems somewhat asymmetrical

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:it’s common sense - what do institutions and the privileged elite want you to believe? because who benefits? I agree that not being able to apply ED and not being able to fully evaluate all options available to a student is discriminatory in nature. Apply everywhere and evaluate options based on relative affordability

Why? We're full pay but DC still gets just the one ED shot. Why is it fair that you get unlimited ED opportunities?

nothing said anywhere about multiple ED applications

Right but the ED agreement is if you apply ED & are accepted, that you’ve agreed you’ll attend the ED school and you withdraw all other apps. You dont just continue on with applications to see which is the best deal. That’s the entire point of ED — it’s binding.

It’s a contract, and they are binding so long as parties are willing to go to court. Do you think any school would be willing to sue to enforce a contract that on its face is probably violates consumer and competition laws in most states? If they win, the contract stands, if they lose, good bye ED in that state they sue. The risk seems somewhat asymmetrical

NP. ED is not legally binding. No school will sue the student. However, there are other possible ramifications (sharing student's name with other schools per the ED agreement, causing trouble with the high school and high school counselor, etc.).

[Anonymous]

DC's guidance counselors and schools have said from the start that they absolutely would not send HS & transcript data to schools after you've been accepted ED or if you tried to apply to a second school ED. I guess some other schools and many families have no problem breaking this "binding agreement" regarding ED?

[Anonymous]

Anonymous wrote:DC's guidance counselors and schools have said from the start that they absolutely would not send HS & transcript data to schools after you've been accepted ED or if you tried to apply to a second school ED. I guess some other schools and many families have no problem breaking this "binding agreement" regarding ED?

Maybe one area public schools have an advantage