Admissions penalty for needing financial aid

Agree with @Thorsmom66, I think it is so much better for a need-aware school to reject students rather than gapping them (accepting without meeting full need).

This might not make your daughter feel any better if she gets rejected for her top school (with <15% acceptance rate), but it is much more likely to be because the vast majority of applicants get rejected (>85%), not because she is from a middle class family.