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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]The main benefits of FA are that it makes the school appear less elitist and provides socioeconomic diversity. These two points are used in marketing/PR to attract more full pay applicants. It is ultimately about the full pay students at the school, to their benefit.[/quote] The FA budget isn't all about helping poor families send their daughters to Visi. The majority of the FA packages awarded are less than 50% of the $40,000 Tuition. How much socioeconomic diversity are you getting when 2/3rds of the FA recipients still have to come up with $25,000 or 30,000 plus all the associated costs of attending? Good point. It means that a family with multiple kids has a chance for FA..!this could help professionals such as Fed families, professors, and teachers ( so that the whole class isn't comprised of doctor's + Big Law) kids. It is a Catholic School afterall ( yes, independent). Visi will then ID a few high potential "diversity kids" to offer a few full rides. [/quote] Yes, the net effect is that there is more a mix of families. BUT, that's not the reason they are doing it. Large families with daughters that are very desirable candidates to Visi are the easiest to understand. especially daughters that are legacies, grads of "feeder" schools, academic "stars", exceptional athletes, etc. But I have never heard "We don't have enough daughters of government workers or academics." Nor have I ever heard that somehow connected to Catholicism or the Catholic Church.[/quote]
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