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Reply to "Does applying for Financial Aid hurt chances of Admission at Visitation?"
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[quote=Anonymous][quote=Anonymous]That FA sounds way too generous.[/quote] These are the numbers the school publishes (Total Financial Aid given and percentage of students that receive it.) While the “average” FA package is 60% of tuition, there have to be a significant number of people that get much less than that. If they have one student that gets 100% they have to offset that with four that get 25% aid. This is a case where the mean average —- dividing the total amount of aid by the number of people receiving it —- doesn't give you a good idea of what the frequency distribution looks like. [/quote]
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