Private College Admission Gets Easier!

   Posted 10 Apr, 2009

It seems that even the most elite private colleges fear rejection from accepted applicants in this financial climate. That is good news for the incoming class of ‘09, which also happens to be the largest incoming class yet at a whopping 3 million students!

Good News from Officials

The Washington Post reported earlier this month that, according to college officials, it will be just a little bit easier to get in to those coveted private colleges and universities!

We all know that actions speak louder than words however, and private schools across the country are making an extra effort to prove their statement true: This year private colleges are sending out letters and e-mails to their accepted students, expanding their waitlists, and funneling more funds into their financial aid coffers.

Even the most elite schools, like the renowned Johns Hopkins University, are increasing their acceptance numbers by as much as 10 percent to ensure that they can fill the seats of their freshman classrooms. Some public colleges, on the other hand, are admitting fewer students for fear of over-enrollment!

Financial Aid Assurances

The recession may be tough on schools, but an increasing number of them have jumped on the financial aid bandwagon launched by schools like Harvard and Dartmouth in ‘07, which promises some low- and middle-income students no-loan financial aid packages.
Many colleges are also focused on spreading the word about their financial aid programs now more than ever– and by any means necessary. Vanderbilt University has even gone so far as to Twitter financial aid advice to the fictional Lyla of the TV show Friday Night Lights, whose character wants to attend Vanderbilt but is floundering financially!

Is Private the Best Fit?

For years I have been advising clients to choose the school that would be the all-around best fit for their student: culturally, academically, and financially. Even in the current state of our economy, I believe this advice holds true. A public school may seem to be the easiest path, but it may not be the best investment of your child’s time, energy and money. Many students function better in the smaller private school environment. Lucky for you, now may be a great time to consider that option, because the recession is actually giving more students a shot to be admitted at some of the most desirable highly selective schools - quite possibly at an affordable price!
To learn more, take a look at the articles I wrote about how to choose the right college, and how choosing the right college can save you money!

All the best,
Deborah Fox

Deborah Fox is the founder of Fox College Funding®, a nationwide company that helps families find creative ways to reduce their college costs.

Photo by rickshuppe

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1 Comment

  1. I’ve read that it is the schools in the middle which are feeling the recessionary pinch. It seems that the high-end schools you mention and community colleges are faring the “best” in terms of application and enrollment.

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