Daughter got accepted, not sure I can afford it

vonlost
Sat, 08 Jan 2011 00:41:45 +0000

“Admissions directors get reports from the financial aid office about budgetary issues at every stage in the process. One of the most important “institutional priorities” is keeping the college solvent.”

It works differently at some need-aware schools. The adcom admits need-blind until the FA office says STOP when the aid budget is gone, and then only full list payers are admitted. Solvency is maintained.