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Reply to "Transferring to school for 10th after being rejected for 9th?"
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[quote=Anonymous][quote=Anonymous]How do schools know if you are full pay? They sort you into a “full pay” pile if you don’t apply for FA, and you get priority?[/quote] I have no clue, but I suspect that’s why my average kid got into an area private. I figured we wouldn’t qualify for financial aid anyway, so I told my husband we shouldn’t bother with filling out the FA forms…just in case admissions tracks who is full pay and that could give us an edge. Practically speaking, schools rely the most on families who can easily pay tuition for the full year up front. Such families present less risk. If schools operated the way the CFO at my company prefers, they would prioritize and lock in a significant cohort of families right now (DEC/admissions time) and collect the full tuition immediately so it could be invested. Heck, they could back up the timeline earlier in the fall and generate some investment income off the interest. [/quote]
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