Exonian Article I just read

<p>Hey guys, this article had a ton of interesting info. I'm going to type it onto here, sorry if I make some typos but you guys will want to read it. </p>

<p>In Down Economy, Interest Up
"The economic downturn evidently hasn't dampened interest in the Academy yet, with interviews with prospective students up 45 percent from last year, admissions officials say.
Application for financial aid are up too, with 66 percent of prospective Exonians applying for aid this year, according to Admissions Operations Manger Lisa Jennings.
Officials suggested a deepening recession could affect the school's financial aid program. The board of trustees will discuss the downturn when it meets next week. " We probably will have not enough money to continue to be like we have been for the past three years," Admissions director Michael Gary said. "We might go back to the policy that families we admit, we will fund at the level that they need." Admissions plans to prepare a healthy wiat list of students this year because "when the family has to actually make the commitment and write that check, they might get cold feet," Admissions Officer Lee Young said. Young said the Admissions Office is "surprised that the [interview] numbers are up" in such dour economic times. " You wouldn't ever know that there is an economic crisis because of the volume," Senior Associate Director of Admissions Susan Herney said. "At this time of the year if you come to Bissell House on any day the living rooms would be filled." Campus interviews are up twenty-three percent and off-campus interviews are up 149 percent. Admissions received twenty-two late applications so far, up from last year's nine. "In past tough economic times, families whose children attend boarding school tend to have a delay in the impact of the recession they are well-off and will not be losing their job tomorrow," Gary said. "If they did lose a job, they would most likely have savings. It is my sense that it will be somewhat delayed." Despite the recession, Admissions is continuing the mission to admit youth "from every quarter." The office has hired two new officers, whose main goal is to travel throughout the United States, looking to attract student, especially from working-class families. "We had to tackle stereotypes regarding boarding schools," Young said. "The kids may get excited, but then you have to convince the parents that boarding school is acceptable. These officers visit schools and hold reception in order to educate parents on Exeter." In fulfilling he "youth from ever quarter" statement, the Admissions Office has developed a list of goals that they hope to accomplish within the next five years. they are aiming to educate and spark the interest of students from the mid-west as well as from abroad. So far, there are 187 students applying from middle America, 11 prospective students from Eastern Europe, eight students from the Middle East, and nine students from South America. All admissions officers, with the exception of Young and Herney, traveled 30 to 50 days of fall term In addition to visiting many Asian countries, Gary expanded his scope to include Israel, Croatia, Mexico, and Brazil. Herney said, " We keep trying to increase the diversity whether geographic, racial, or religious Every year we get better in each of those categories." ONe thing that hasn't changed is the quality of the students applying to the academy, the officers said. "I interviewed two kids on Friday and they blew me away," Young said. "The quality is still really good. I believe it will still remain really competitive [to be accepted]." Young said the Academy's financial situation is better than its peer schools. "Our financial aid fund is very healthy, probably healthier than any other school," Young said.""</p>

<p>Alright guys, I just finished sight-typing that whole thing, sorry if i mistyped anything that took my a long while, but i thought it would be very important to you guys applying to exeter. Thoughts? Comments?</p>

<p>My thoughts?
This sucks for me.</p>

<p>A couple more things:

  1. In case it wasn’t obvious this thread is about exeter
  2. another article said their endowment has gone down 18% around 200million $</p>

<p>Doesn’t help me either… I got 1 outside of BS scholarship though(Just hear today =) )</p>

<p>Saer, message me when you get some free time. I’ve been looking up outside of schools scholarships… Most come in like 2 grand to 10 grand chunks.</p>

<p>some interesting stats that I found on a class of '12 facebook page (I mean, I’m not a stalker <em>cough</em> <em>cough</em>…)
Number of Applicants in 2008: 2678 (Grades 9-PG) </p>

<p>Number of Accepted Students: 484</p>

<p>Students of Color :39%</p>

<p>International: 9% (from 26 nations)</p>

<p>Day Students: 20%</p>

<p>Male Students: 51 %</p>

<p>Female Students: 49 %</p>

<p>Students with Finan. Aid: 56%</p>

<p>Acceptance Rate for '12: 12%</p>

<p>And this time it’s 45% more competitive! eeeek</p>

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

<p>I’ve kind of been accepting lately that my chances are incredibly slim for acceptance to Exeter. Oh, well. Win some lose some. It sucks, but that’s life.</p>

<p>Star, 484/2678 is not 12% acceptance.(18%)</p>

<p>my family makes under 75,000 a year so i guess i’m still ok?</p>

<p>Ya thats what I was wondering, it doesn’t apply to me but I was still wondering. When they talk about were just going to give what they need, are they kind of backing out of the whole 75k below thing?</p>

<p>Hopefully they will still accept all the kids who have under 75k even if they can’t pay for their full tuition. Give em’ a chance to figure things out</p>

<p>Yea we applied for FA kind of hoping we would get some but I am calling them and telling them to take away my FA app. </p>

<p>MG said that “when the family has to actually make the commitment and write that check, they might get cold feet […]”. </p>

<p>I will call admissions or send them a nice letter stating that we understand what the econ downturn means and we would like to remove ourselves from consideration of FA BUT we are still glad to pay the money because Exeter is such a good school. </p>

<p>That will hopefully help chances…</p>

<p>I hate this in SO many ways, will BS go back to being for children of Boston Brahmins, for WASPS, for people whose families have a Cross of Arms and their own wiki page? I surely hope not. </p>

<p>I finally got my parents to understand the importance of BS for me and they will pay ( :slight_smile: )…</p>

<p>Good luck guys!</p>

<p>P.S. Oh and Italian, if you do not mind will you post those scholarships for us all to see, it comes of as rude when you, on a public forum thread, tell a person in specific to PM you to give them some good information. I am not trying to come of as snitty but all I am saying is either keep it all in PM or tell us all.</p>

<p>Yikes… How can you afford to attend if your family makes under 75,000! You will absolutley destroy your family’s savings. </p>

<p>I guess this is good for me judging that I am not applying for FA! My parents make like 300,000 or something, allowing my sis and I to both attend BS without needing FA</p>

<p>Heh… we make a LOT more than 75k… 580k…</p>

<p>Not trying to brag, my rents would NO WAY spend half their money for a “PREP SCHOOL”</p>

<p>Why did yo even both applying for FA then lol. We have one source of income of around 200k per yr…but then you factor in the house, private schools and full tuition to a top college and we could very well get a lot of FA…hopefully.</p>

<p>I urge all three of the immediately previous posters to edit out their estimates of their family income. No one on this site needs to know that.</p>

<p>My daddy makes 900 billion dollars a year so beat that ! Oh and by the way he so obviously went to Hotchkiss and Wharton and Harvard and Princeton etc. He basically owns America. Obama has to pay him rent just to live in the white house cause he owns that too !</p>

<p>FYI, Boston Brahmins, Wasps, and those with Coats of Arms would never be indecent enough to post their families incomes.</p>

<p>My DADDY FUNDED BOTH BAILOUTS AND ATE YOUR DA-DA. Beat that!</p>

<p>Lol I’m not rich at all so I don’t see the need to edit it out. I wouldn’t brag about needing FA to have a chance at attending these schools, but thanks for the urging. I mean when you say under 75k…thats kind of post family income also. </p>

<p>Theres not much you can have under 75k to the point where their on a computer right now or afford application fees.</p>

<p>Mpic, I did earlier because my parents flat out REFUSED to pay for that much.</p>

<p>But yea the agreed :)</p>