<p>There seems to be a huge backlash against this but I think it is extremely beneficial to apply to lots of schools. Most low-income students are reluctant to do this because of application fees but its money well spent. The low income students I know that applied to lots of schools were basically able to compare essential free rides (due to financial aid). </p>
<p>I applied to around 20 schools and I would definitely recommend it most of these schools are on the common application, it gives you more options to choose from, and gives you the opportunity to compare massive financial aid packages. If a top four year private schools pays for you this is worth around $200k, this makes the $1k in app fees money well spent.</p>
<p>A better tactic would be carefully build the application list to maximize the chances of good need-based aid and/or good merit scholarships, depending on the student’s family financial situation, while not bothering to apply to schools which have no chance of being affordable.</p>
<p>Yeah, obviously its important to research and avoid schools that give out bad financial aid (NYU, etc.)</p>
<p>Probably the more common mistakes in building application lists (from an affordability standpoint) involve applying to out-of-state public schools which do not satisfy at least one of the following conditions:</p>
<ul>
<li>Out-of-state list price (including regional discounts, if applicable) is affordable.</li>
<li>Large enough merit scholarship is in-reach.</li>
<li>Good need-based financial aid is available to out-of-state students (very rare, probably only UNC-CH and UVA).</li>
</ul>
<p>Consider [this</a> thread](<a href=“http://talk.collegeconfidential.com/college-search-selection/1482652-having-trouble-balancing-finances-caliber-acaemics.html]this”>http://talk.collegeconfidential.com/college-search-selection/1482652-having-trouble-balancing-finances-caliber-acaemics.html) where the student’s application list yielded six admissions but only one (maybe two) of which were affordable without unreasonable debt (fortunately, that one school is a good choice for the student). It is not hard to see that the application list could have been structured better.</p>