<p>Here is another key characteristic to look for in selecting schools: Endowment. For fullpay kids, a fat endowment means more-bang-for-the buck. For FA kids, it means schools that are more financially able to grant generous aid.</p>
<p>I normalized for school size by using Endowment/student. If you plot Endowment/student vs. Admit rate, a logarithmic relationship emerges where in general the fatter the endowment, the lower the admit rate. Some schools, however, have more forgiving admit rates than the fatness of their endowment might suggest. These schools tend to be the ones outside of New England and/or are single-sex schools. </p>
<p>The most breathtaking, extreme outlier is Woodberry Forest. It has an Andover/Deerfield-class endowment and a 50:50 admit rate!!! If I were a boy needing FA, I would be beating down the door of Woodberry!!! For girls schools, also w a 50:50 admit, it’s Miss Porters for the win! For coed schools, Episcopal is a star w a per capita endowment greater than Lville & Choate, and a 40% admit rate! Besides being a super-endowed school and having a more forgiving admit rate, Episcopal has access to Wash D.C. I’d be curious to see how Mercersburg would fare in this analysis w its recent $100M gift.</p>
<p>The data columns below are:
- number of students
- Total endowment $M
- Endowment/student $k
- Admit rate
- Predicted admit rate as a function of Endw/student
- how much the actual admit rate exceeds the predicted admit rate (=col 4 – col 5)
- SSAT percentile
- school name</p>
<p>The schools are sorted in descending order of Endowment/student $k. The greater the number in col 6, the more forgiving the admit rate relative to the size of endowment.</p>
<p>1085 $992 $914 20% 20% 0.00 94% Phillips Exeter
542 $483 $891 15% 20% -0.05 89% St. Paul’s School
371 $330 $889 15% 20% -0.05 90% Groton School
189 $135 $714 17% 21% -0.04 50% Church Farm School
1141 $800 $701 13% 21% -0.08 94% Phillips Academy
408 $271 $664 49% 22% 0.27 53% Woodberry Forest
630 $398 $632 16% 22% -0.06 87% Deerfield Academy
594 $362 $609 18% 23% -0.05 87% The Hotchkiss School
300 $170 $567 26% 24% 0.02 85% St. Andrew’s School,
375 $194 $517 19% 25% -0.06 85% Middlesex School
240 $117 $488 14% 26% -0.12 84% The Thacher School
550 $252 $458 20% 28% -0.08 74% Peddie School
435 $189 $434 40% 28% 0.12 70% Episcopal High
810 $322 $398 38% 30% 0.08 86% Culver Academies
816 $320 $392 20% 30% -0.10 84% Lawrenceville School
865 $318 $368 23% 31% -0.08 85% Choate Rosemary Hall
576 $208 $361 20% 32% -0.12 83% The Taft School
356 $121 $340 35% 33% 0.02 84% St. Mark’s School
364 $120 $330 27% 33% -0.06 81% St. George’s School
311 $100 $322 48% 34% 0.14 68% Miss Porter’s School
680 $212 $312 25% 34% -0.09 90% Milton Academy
391 $112 $286 30% 35% -0.05 65% Berkshire School
265 $72 $272 22% 36% -0.14 83% Cate School
799 $217 $272 38% 36% 0.02 68% Cranbrook Schools
650 $175 $269 27% 36% -0.09 79% The Loomis Chaffee
337 $86 $255 36% 37% -0.01 66% Emma Willard School
506 $128 $253 32% 37% -0.05 80% Hill School
204 $46 $225 50% 39% 0.11 61% Westover School
282 $60 $213 45% 40% 0.05 65% Holderness School
390 $75 $192 28% 41% -0.13 70% Westminster School
374 $71 $190 54% 41% 0.13 67% Westtown School
650 $121 $186 29% 41% -0.12 67% Northfield Mount Hermon
306 $55 $180 66% 42% 0.24 80% The Madeira School
398 $70 $176 23% 42% -0.19 75% The Governor’s Academy
376 $65 $173 25% 42% -0.17 65% Brooks School
450 $77 $171 29% 42% -0.13 75% Blair Academy
90 $14 $156 60% 43% 0.17 80% Midland School
280 $43 $154 33% 43% -0.10 60% Asheville School
370 $55 $149 32% 44% -0.12 84% Concord Academy
405 $60 $148 69% 44% 0.25 45% Rabun Gap-Nacoochee
305 $45 $148 37% 44% -0.07 54% Salisbury School
298 $38 $128 50% 45% 0.05 55% Garrison Forest
451 $55 $122 53% 46% 0.07 76% Wyoming Seminary Upper
340 $41 $121 39% 46% -0.07 62% Portsmouth Abbey
560 $62 $111 39% 46% -0.07 68% Kent School
300 $33 $110 60% 46% 0.14 50% Trinity-Pawling
357 $39 $109 35% 46% -0.11 62% Pomfret School
165 $17 $103 75% 47% 0.28 63% Colorado Rocky Mountain
460 $44 $96 33% 47% -0.14 61% The Williston Northampton
414 $38 $92 29% 48% -0.19 55% Suffield Academy
575 $52 $90 30% 48% -0.18 80% St. Albans School
280 $24 $86 45% 48% -0.03 65% Millbrook School
205 $17 $83 49% 48% 0.01 66% Miss Hall’s School
409 $33 $81 48% 48% 0.00 60% Avon Old Farms
496 $36 $73 43% 49% -0.06 67% Tabor Academy
467 $33 $71 47% 49% -0.02 58% Dana Hall School
355 $24 $68 48% 49% -0.01 54% Proctor Academy
600 $36 $60 42% 50% -0.08 65% Hawai’i Preparatory
430 $25 $58 36% 50% -0.14 63% Lake Forest Academy
258 $15 $58 66% 50% 0.16 65% The Ethel Walker
350 $20 $57 39% 50% -0.11 55% Canterbury School
490 $20 $41 23% 51% -0.28 90% Georgetown Preparatory
102 $4 $39 70% 52% 0.18 80% Verde Valley School
625 $24 $38 75% 52% 0.23 50% Ridley College
280 $10 $36 52% 52% 0.00 85% Indian Springs
732 $25 $34 40% 52% -0.12 68% Stevenson School
400 $13 $33 50% 52% -0.02 65% Lawrence Academy
232 $7 $30 68% 52% 0.16 50% Vermont Academy
873 $25 $29 35% 52% -0.17 50% St. Anne’s-Belfield
358 $9 $25 50% 53% -0.03 54% Brewster Academy
350 $8 $23 56% 53% 0.03 85% Woodside Priory School
575 $13 $23 40% 53% -0.13 65% Saint Andrew’s
121 $2 $17 56% 53% 0.03 50% Hoosac School
154 $2 $13 54% 54% 0.00 66% Stoneleigh-Burnham
1650 $11 $7 50% 54% -0.04 56% The Bolles School</p>