<p>If my family is able to pay full tution at penn state (or any college for that matter) without the need for finanical aid, does that help or hurt my chances of getting in? I'm out of state.</p>
<p>I've been hearing different things from my parents and from teachers, but I just wanted to get an outside opinion.</p>
<p>Most people get their decision way before they've submitted any financial info, so I don't see how it could play a role at all. At this point, PSU has no clue what your income is, and what (if any) financial aid you would qualify for.</p>
<p>didn't they ask if we would be applying for aid? Maybe that was another application. Some schools ask on the application.</p>
<p>At some schools (especially smaller privates) applications ask if you will be applying for financial aid and if they don't have the resources to extend financial aid to all needy students, it is possible that needing aid could hurt your chances. All else equal, they would take a student who doesn't need money over one who does, and save the available aid for another student. I don't believe it's a factor at Penn State.</p>
<p>It is almost always printed that need based financial aid information is not used in the acceptance process. Whether that is true I don't think anyone really knows but it should not have any affect on your acceptance into a University.</p>
<p>Ok I wasn't sure. </p>
<p>I think it was the Penn State app that asked for parents annual income (I could be getting my apps confused) so that is why I asked. My counselor told me that for some school, especially bigger schools it is a big help. But my parents told me that it made no difference. Hmm</p>