Does applying for financial aid hurt your chances of admission? Well, it depends on the school.
Most universities implement the need-blind admissions policy. This rule does not focus on the applicant's ability to pay for his or her education during the admissions process. The policy allows students an equal opportunity to be admitted.
Admission officers are encouraged to review the application based on the student's personal and academic ability to succeed at the university, despite the student's financial need. Thus, the financial aid application does not have any effect on the admissions committee's decision.
The Houston Community Newspapers reported that Rice University practices the need-blind admissions policy. While the school will be increasing tuition by 5.4 percent for the next school year, university officials will be "evaluating a student's academic qualification for admission with no consideration of their financial situation." Nearly sixty-two percent of Rice's current undergraduate students receive financial support, ranging from scholarships to student loans.
America's colleges understand the hard economic times, according to The Cavalier Daily. For example, Harvard, a college that receives generous endowments, is continuing its need-blind admissions policies. Harvard Director of Admissions Marlyn McGrath emphasized that the rule enhances the school's student body.
Before you apply with any university, inquire about its admissions policy. Talk to someone directly, and ask lots of questions. Take control of your education!
What do you think about the need-blind admissions policy? Does it help or harm you? We want to know your thoughts! Leave us a comment below.
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