<p>
</p>
<p>I’d expect it to decrease slightly (although not by as much as it did this time around). This year, it dropped because of (1) reduced target class size, (2) increased yield estimate, and (3) increased number of applicants. The first two probably won’t be significant factors either way. I don’t really know much about the projected trends, but I’d guess applications will continue going up since that’s been the trend at Rice and basically everywhere else.</p>