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Does seeking financial aid affect college admission decisions?

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For example, would it be advantageous for a student whose parents earn $150000 and have adequate savings to tell a college costing $30000 that they do not intend to seek financial aid? — Mary M. read more

They have a certain budget for financial aid, and the admissions office will make a decision on admission while aware of the applicant’s need for financial aid. There are only a handful of elite private colleges that are Need-Blind, where the admissions office not only does not know if you require financial aid, they do Not care. read more

Need-blind means “there’s a firewall between the admissions office and the aid office. That is, the decision to admit or deny the student’s application for admission is solely based on their academic profile,” explained Kal Chany, author of the Princeton Review’s Paying for College Without Going Broke, 2014 edition. read more

If you are considered to be a middle-of-the-pack applicant and you have a financial need, your need for aid could affect the admissions decision if you are applying to a school that uses an ability to pay in the review process. read more

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