<p>I hate to jump into such a heated discussion, but regarding Reed not being Need-Blind, I recently read how they apply this and I found it to be pretty reasonable given a limited supply of financial aid. They slot all applicants into one of 5 buckets, with let’s say 5 as the most competitive. They only consider the bottom bucket (or maybe two buckets I can’t remember) with the need-aware lens. So if you are in one of the top three (or four) buckets, they are need-blind and meet full need. If your are in the bottom, 20% of the pool (or maybe bottom 40%), then you may not get accepted if you need loads of aid. But if accepted, they meet full need.</p>