Reply to Why don't most of the top LACs offer substantial merit scholarships?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Amherst, Williams, Bowdoin, Pomona, Wellesley, Middlebury, Colby, Haverford, Vassar, Carleton, Barnard, Hamilton, and Colgate are just some of the best known examples of LACs that have essentially no merit aid, outside of maybe 1 or 2 $2000 national merit scholarship awards a year from alumni restricted funds.

These schools have some of the highest endowments per students of any institution, making it easily attainable to finance a merit scholarship opportunity covering minimum 20K a year and up to a full ride. The first five schools above all have over 1 million dollar per student. [b]Given that they tend to lose cross admits to top universities, why not offer merit aid to attract the best and brightest to their schools?[/b] Several universities already do this to lure in HYPMS level candidates: Duke, Rice, Vanderbilt, Notre Dame, WashU, Emory, and UVA. [/quote]

They have no trouble attracting the best and the brightest.[/quote]

They do. Their regular decision yield is dismal. I believe the highest is like 35%. Most are in the 15-25% range. Top universities tend to start at 30% and peak at 80%+.

Their SAT averages aren't as high as the top universities, nor are the percent of their overall class ranking top 10% in HS.

It's rare for students admitted to both a top LAC and a top university to pick the LAC in my experience. Merit aid could make a worthwhile swing.

[/quote]

Yields among the top SLACs are not as impressive as those for top National Universities.

Fairly recent stats show that #2 ranked SLAC Amherst College had a yield of just about 35 % to 37%. [/quote]

So?  That is a metric that is not relevant to anything.  Who cares?  They get who they want.[/quote]

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