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At D's school, the Harvard and Yale prizes were for "the two members of the class deemed to be the most worthy by reason of scholarship, character, school spirit, influence, and all-around ability." The Princeton prize was for the student "who combines to the highest degree exemplary community service with excellent scholarship."
In her year, the winner of the Harvard prize was rejected by Yale (not sure if she applied to H) and wound up at a top LAC. The winner of the Yale prize is at Princeton and the winner of the Princeton prize is at Yale.
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