<p>This year, the waitlist letter personally received indicated clearly no financial aid would be available for students coming off the waitlist. Thank you for the clarification from the admission office link. It is good to hear it may not be Reed’s absolute approach (“policy”), and may be different in other years (consider the gap year, consider the transfer, consider the class of 2018). </p>
<p>Anyway, it is not applicable to us as FA is just far too important for this year, and all future years. But you raise hope for other students in other years. Or, given this information, I wonder if there is a chance that students getting off the waiting list may receive FA after that first year, if they are accepted and matriculate. But I only hopefully speculate: no promise of any future FA that was ever indicated or promised in the waitlist letter, so I would hope students clarify what the conditions of their particular waitlist admission will be if FA is an issue.</p>