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Reply to "Has all financial aid been given"
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[quote=Anonymous]So the way it works it they have a yearly budget and they try to allocate it out for the next year when processing admissions so they can retain families who are struggling and attract families who can't afford the full tuition, but would be an asset to the school. Of course when admissions letters go out, not all families consider the financial aid to be enough to make it work for their personal situation (full ride is extremely rare). So some aid doesn't end up being utilized as the person coming off the waitlist may not need the aid. So then the school has those funds available to use for other families when need arises. The other thing that makes it tricky is that aid is not equally spread across all classes and it is not split equally among families receiving aide. So there is always a chance of aid being available, but it is way less of a chance outside of normal admissions.[/quote]
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