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[quote=Anonymous][quote=Anonymous]Any of the top N local schools has more highly qualified full-pay applicants than they have openings.  So there is no financial reason why full-pay students would have lower admissions standards.

Separately, there are lots of legitimate ways for a non-profit school to spend a large (unrestricted) endowment other than FA.  So having such an endowment does not legally force a school to spend it on “generous FA”.  Many do so, but it is not the only legal way to spend it while retaining non-profit tax-exempt status.[/quote]

Your second paragraph contradicts the last line of your first paragraph. Of course schools - even those that are financially stable - want to maximize the number of full-pay students because they want the additional revenue to hire better teachers and upgrade their facilities. Any school that is truly need blind would request FA forms from admitted students only. Instead, all schools I’ve encountered require the FA forms to be submitted at the same time as the application for admission.[/quote]

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