Anonymous wrote:
Anonymous wrote:
Anonymous wrote:SIdwell will waitlist if no money is available. I know of a kid who got waitlisted at many schools because he needed too much aid. Great kid, all around high achiever coming from a k-8.
What is the benefit of being waitlisted if there is no aid?
Perhaps the hope is a similar student who was accepted with aid chooses a different school and so a spot with aid becomes available?
But usually it means zero.
This is correct.
Schools have a Financial Aid budget. They distribute the money as a way to fill their classes, similar the way that airlines have different fares to fill airplanes.
As the PP said, how much aid money is left when they go to the waitlist depends on which of the families accepted the offer of admission.