Reply to Does applying for Financial Aid hurt chances of Admission at Visitation?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Do those financial aid numbers include tuition remission for faculty and staff?  That may be where the bulk of that money is going.[/quote]

+1 the FA budget for random applicants is certainly much smaller than the full FA budget.  The FA office may prioritize faculty and staff, current families, families with siblings attending, alumni, and who so on.[/quote]

Financial Aid is an enrollment management tool. The belief is that a class with only full pay kids would be a disaster.

Since all families pay something they want to make sure they have a full class. Just like the airlines, it’s better to discount fares and fill the plane than it is to take off with empty seats.

It’s also true that some applicants that need FA offer the school something’s that the next candidate on the list of Full Pay applicants does not. That might be academic aptitude, athletic skill, legacy status, etc., etc.

The idea that there are an almost unlimited numbers of qualified applicants with the ability to pay tuition is just not true. Many of these kids have academic or social problems that the school doesn’t want to sign up for four years. [/quote]

The competitive DMV privates could easily fill up their classes with zero financial aid, however the optics are not worth it.  Financial aid is just as much a marketing/PR tool as anything else.

The last poster doesn’t understand how any of this works.[/quote]

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