Reply to Did ED full pay yield better results this year?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I love parents who are banking on being full pay to get their kids into college.  Y'all really think your money can buy anything.[/quote]

Full pay in itself is not a guaranty of admission, but it allows an applicant the option of ED and not have to wait for financial aid...and ED has higher probability of acceptance if gpa/score is high enough[/quote]

Apart from ED, many schools will consider full pay as a positive factor, particularly now when all schools have taken a huge financial hit from Covid.  This effect will probably longer a few years.  I can’t believe posters are even questioning this, outside of the schools with huge endowments, finances are tight.[/quote]

probably true for SLACs but not for popular public state schools.[/quote]

I don’t agree,  they had to pay for covid related measures just like everyone else in a year where states are grabbling with budget shortfalls.  Taking oos full pay would definitely help the bottom line in places like Michigan and California.[/quote]

I think COVID expenses are an entirely insignificant financial issue to a school like Michigan with a $12.4 billion endowment.  In fact Michigan's endowment increased by $500 million last year which makes Covid expenses merely a rounding error on their annual endowment growth.  [/quote]

The budgets of the big state schools were still hit by covid. They lost more than most in athletic revenue, as well as dorm & food service. Losing the sale of 100,000+ tickets per game adds up.  The University of Texas has a $32 billion endowment, but it can’t be used for operational costs, and they’ve been begging for $$ from alumni, just like everyone else. [/quote]

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