Exeter no longer need blind

<p>Here is the text from the article in the Exonian, dated March 5, 2009.</p>

<p>PEA Cuts Spending for Aid</p>

<p>The Academy will offer admission to more students who can pay full tuition when decision letters are sent out next week, according to Paul R. Mahoney, the director of financial aid.</p>

<p>"Not more" than one-third of the class of 2013 will be offered financial aid, compared to roughly 50 percent of the class of 2012, Mahoney said. This is the first time in recent years the Academy has not been effectively need blind.</p>

<p>Mahoney estimates 30 or 40 fewer students will be on financial aid next year. Admissions decisions are to be released on Tuesday.</p>

<p>The proportion of applicants applying for financial aid is also up. Nearly two-thirds of applicants applied for financial aid this year, compared to 50 percent last year, Mahoney said, noting that this year's applicant pool is the largest ever. Admissions received more than 2,300 applications, up from roughly 1,900 last year.</p>

<p>"In recent years we didn't have to segregate financial aid kids from non-financial aid kids in making decisions, we just chose," Mahoney said. "This year the Admissions Committee had to take into account whether an applicant was also a candidate for financial aid."</p>

<p>That meant decisions to admit were based on a family's ability to pay full tuition.</p>

<p>"Lots of highly qualified candidates could not be offered positions because they needed financial aid dollars that we simply did not have," math instructor Joseph Wolfson, part of the Admissions Committee, said.</p>

<p>:'(</p>

<p>… hmm. well, looking through the eyes of mmoynan, it’s really only like, 16% less FA…</p>

<p>16% LESS! :cry: !</p>

<p>not trying to be mean to anyone that needs FA… but i dont so this gives me a lot more hope.</p>

<p>LOL DEtrombone! that’s one way to look at it. i guess you must be pretty happy right now. xD</p>

<p>they’ll be a real fight over qualified, full-pay applicants this year, methinks…
well, at least andover’s still need blind. and if they aren’t, don’t make it public. i’m happy being blissfully ignorant…</p>

<p>haha yea but another thing is a fair amount of the wealthier people that don’t need FA are also legacies which I’m not…</p>

<p>PA-C…did you drive over to campus to pick up the paper?! If so, thanks!</p>

<p>Pom,
You can subscribe to their paper, just have to contact someone which I’ll PM if you like, and then they’ll send it to your house. Subscribing is 50$ I think? Might be more, PM me if you’d like the info =)</p>

<p>Thanks istole…I’ll let you know on Wednesday!</p>

<p>Lol ya, don’t waste 50$ if you daughter/son isn’t going there lol.</p>

<p>i no really</p>

<p>Thanks Obama. Nicely played. i’m sure i will be embracing you again in 4 years when I’m looking for college FA.</p>

<p>?? Try blaming bush buddy, but I’m not gunna get into that.</p>

<p>When we interviewed at PEA in late October, there was a fresh copy of the Exonian available to read in the admisssion’s office and at that time the school made it clear that they intended to retain the 75k or less income free tuition policy as well as a need blind admissions policy.</p>

<p>The Dow is down 20% since January. That’s not Bush. That’s wall Street’s response to an absolute lack of a plan. If you don’t like looking at the Dow, then try the T Bill. Same thing. The school’s endowment is in the stock market. As are most college’s. They now have 20% less to give deserving students. 20%. That is real money.</p>

<p>Now if PC is correct, the school as done a 360 from their stated policy of 4 months ago.</p>

<p>You can stick Bush with the war, but not the 20% drop in the Dow. And, BTW, I’m a Democrat and voted for Obama.</p>

<p>We can agree to disagree but that’s my two cents.</p>

<p>Yes because the market was going to def. turn around in 3 months all of a sudden because of a new president. But ya w.e</p>

<p>I have to qualify this that this article was posted on another thread started by hastalavista . I have not seen the hard copy of this article . Can any current Exonian parents verify this?</p>

<p>I’m sure they will give full aid to those who earn under $75K. What’s at issue is that they will accept fewer of these candidates.</p>

<p>Well qualified full pay applicants have an advantage. But surely not full pay applicants with poor grades and low test scores. I’m sure Exeter will not compromise on the standard of the admitted students.</p>

<p>well I think they will have to compromise - more or less. Excluding some highly qualified applicants because of their financial status is effectively reducing its good/excellent applicants pool. I have no doubt that they can still pull out a decent class of 2013. The long term effect will only be seen in the long run.</p>

<p>Thanks for the post.</p>

<p>For the next 16 hours I will be optimostic in thinking if my son gets in then he really ‘Did Me proud’ with the stiff competition of those qualified candidates getting aid. </p>

<p>If he doesn’t get in, I’m still proud of his efforts and it just wasn’t meant to be.</p>

<p>And DEtrombone – I agree with your thought process too!</p>

<p>It will certainly be a compromise and they will not be able to admit some they would have liked to have on campus, but the top private schools have always had way more qualified full pays than they could admit.</p>