<p>The second category would not be “out of reach”, but would be “reach”, “match”, or even “safety” depending on the likelihood of getting sufficient need or merit aid. E.g. a high stats student may find that a school like Alabama or UAB is too expensive at list price, but the automatic scholarships for his/her GPA and test scores that they offer bring their costs down to the easily affordable range, making them safeties.</p>