Most faculties admit all certified candidates however cannot afford to offer sufficient monetary help to all the scholars who want it. A few of these faculties divvy up their restricted funds equally, and find yourself giving many college students lower than they want. Others give numerous scholarships to the highest college students and underfund the remainder.
A handful of personal faculties try a special technique. These faculties promise that every one usually admitted college students—however not essentially wait-listed or worldwide college students—will get sufficient help in order that they will graduate with little or no debt. (Keep in mind, nonetheless, that every faculty calculates a prospect’s want for help in a different way. Some could resolve your loved ones can afford greater than you want.)
To maintain their monetary help budgets from hovering, these faculties restrict the variety of needy college students they admit, which suggests they reject some in any other case certified college students who cannot afford their $40,000-plus worth tags.
Sometimes, admissions officers at “need-aware” faculties learn via purposes and rank the scholars by way of attractiveness to the school. They often admit the highest college students with out regard to incomes. Because the officers transfer down their lists, they begin to have a look at their monetary help funds to see whether or not they can afford to totally fund these candidates. Faculties comparable to Reed, Carleton, and Gettysburg say that they settle for at the very least 90 % of their college students on benefit and contemplate earnings just for the previous couple of seats in every class.
Audrey Smith, dean of enrollment at Smith School in Northhampton, Mass., explains that her faculty’s admissions officers “take out of the category and place on the wait listing these with excessive ranges of monetary want which can be close to the underside of the pool. Thus, we’re want blind till the very finish of the method, and on the level we’re exercising need-sensitivity, we’re not trying solely at want however at different elements as nicely.”
Assist and admissions officers at these “need-aware” faculties argue that their coverage is healthier for college students than what is typically referred to as “admit-deny,” as in admit a pupil however deny adequate monetary help. Lucia Whittelsey, director of monetary help at Colby School in Waterville, Maine, says that her faculty “was want blind however practiced admit-deny” within the late Nineteen Eighties. “It was a very painful coverage to manage,” she says. “We determined that it was higher to fulfill the total want of admitted college students fairly than have college students right here whose solely choice was to bury themselves in debt.”
As well as, some faculty officers say that being “want conscious” permits them to offer some needy college students an edge in admissions.
Naturally, some “need-aware” faculties find yourself enrolling only a few low-income college students. However as this chart reveals, many “need-aware” faculties enroll many extra low-income college students than faculties that declare to confess college students solely on their {qualifications}.
Beneficiant faculties that say they contemplate a pupil’s monetary want when deciding on admissions.
Smith School School |
MA State |
26% % of scholars receiving Pell Grants in 2007-08* |
48% Acceptance Charge |
36% Yield (% of all admitted college students who enroll) |
64% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Mount Holyoke School School |
MA State |
20% % of scholars receiving Pell Grants in 2007-08* |
53% Acceptance Charge |
32% Yield (% of all admitted college students who enroll) |
62% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Occidental School School |
CA State |
19% % of scholars receiving Pell Grants in 2007-08* |
39% Acceptance Charge |
21% Yield (% of all admitted college students who enroll) |
65% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Bryn Mawr School School |
PA State |
17% % of scholars receiving Pell Grants in 2007-08* |
49% Acceptance Charge |
35% Yield (% of all admitted college students who enroll) |
65% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Pitzer School School |
CA State |
15% % of scholars receiving Pell Grants in 2007-08* |
22% Acceptance Charge |
29% Yield (% of all admitted college students who enroll) |
51% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Reed School School |
OR State |
15% % of scholars receiving Pell Grants in 2007-08* |
32% Acceptance Charge |
19% Yield (% of all admitted college students who enroll) |
65% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Trinity School School |
CT State |
13% % of scholars receiving Pell Grants in 2007-08* |
42% Acceptance Charge |
28% Yield (% of all admitted college students who enroll) |
50% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Macalester School School |
MN State |
13% % of scholars receiving Pell Grants in 2007-08* |
41% Acceptance Charge |
23% Yield (% of all admitted college students who enroll) |
66% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Oberlin School School |
OH State |
12% % of scholars receiving Pell Grants in 2007-08* |
33% Acceptance Charge |
34% Yield (% of all admitted college students who enroll) |
69% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Carleton School School |
MN State |
11% % of scholars receiving Pell Grants in 2007-08* |
27% Acceptance Charge |
36% Yield (% of all admitted college students who enroll) |
74% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Gettysburg School School |
PA State |
11% % of scholars receiving Pell Grants in 2007-08* |
38% Acceptance Charge |
33% Yield (% of all admitted college students who enroll) |
66% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Tufts College School |
MA State |
10% % of scholars receiving Pell Grants in 2007-08* |
26% Acceptance Charge |
33% Yield (% of all admitted college students who enroll) |
85% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Connecticut School School |
CT State |
10% % of scholars receiving Pell Grants in 2007-08* |
37% Acceptance Charge |
29% Yield (% of all admitted college students who enroll) |
60% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Colgate College School |
NY State |
9% % of scholars receiving Pell Grants in 2007-08* |
24% Acceptance Charge |
33% Yield (% of all admitted college students who enroll) |
65% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Scripps School School |
CA State |
9% % of scholars receiving Pell Grants in 2007-08* |
43% Acceptance Charge |
30% Yield (% of all admitted college students who enroll) |
70% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Bates School School |
ME State |
8% % of scholars receiving Pell Grants in 2007-08* |
29% Acceptance Charge |
35% Yield (% of all admitted college students who enroll) |
53% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Lafayette School School |
PA State |
8% % of scholars receiving Pell Grants in 2007-08* |
37% Acceptance Charge |
25% Yield (% of all admitted college students who enroll) |
65% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Colby School School |
ME State |
7% % of scholars receiving Pell Grants in 2007-08* |
31% Acceptance Charge |
32% Yield (% of all admitted college students who enroll) |
61% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Washington College in St. Louis School |
MO State |
7% % of scholars receiving Pell Grants in 2007-08* |
22% Acceptance Charge |
30% Yield (% of all admitted college students who enroll) |
96% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
Common School |
 State |
12.6% % of scholars receiving Pell Grants in 2007-08* |
35.4% Acceptance Charge |
30.0% Yield (% of all admitted college students who enroll) |
65.9% % of fall 2008 freshmen in high tenth of their highschool graduating class |
|
* Usually awarded to college students from households incomes lower than about $45,000/12 months School |
|