<p>How on earth do schools figure yield on FA admits? Surely they don't overexpend their FA budget on the chance that some of the students admitted with FA will take other packages? Though, I know that this happens; that is, a FA applicant is accepted with FA at more than one school. </p>
<p>What happens to that money when the student enrolls elsewhere? Do they waitlist a FA applicant and then call them with FA if some of their FA admits don't matriculate? </p>
<p>It makes my head hurt just thinking about how they figure all this out and get their numbers just right. It's a good think it's not my line of work. I'd mess it up big time!</p>
<p>Yeah, I think many schools do that. But many of the tippy top schools don’t. I have heard of people being waitlisted for FA, but I’ve never heard of anyone coming off that waitlist. </p>
<p>Furthermore, since FA applicants tend to apply to more schools and generally only the top candidates get accepted, it stands to follow that they would be accepted to more than one school. I remember Shore, last year, who was accepted with FA to Groton, Andover, Choate, Hotchkiss (and Milton too, I think). He was only rejected by Exeter! I wonder what happened to all that money at the other schools. Do you think they overaccept just like for admissions? That would seem terribly risky!</p>
<p>My S was accepted to a school last year but waitlisted for FA. He never came off the waitlist so did not attend the school. It was not one of the top tier schools by the way.</p>
<p>It’s all factored into the enrollment management projections. This year may be harder than most to predict, but they have a good idea of how many will accept so more aid is offered than they have to give.</p>
<p>So…if a FA applicant is waitlisted, it MIGHT be because of lack of FA. BUT! If a full pay is available to fill the vacated spot before any new funds become available, then they will get first dibs. This makes sense.</p>
<p>The TSAO has a policy of not admitting students for whom they cannot cover up their 100% demonstrated needs. This means, they can adore an applicant but waitlist him because of not having enough money to cover him up…</p>
<p>I remember seeing several posts last cycle, and some from before that with reports of waitlisting for FA, but otherwise admitted. For some, perhaps they can borrow the money somehow in order to do it, and they will go. The few schools that promise need blind no loans under a certain income level probably do not do that for that group of admits (lowest income levels). For others that do not fall into this group, they can do what they feel works best for the school. There definitely are groups of students who receive FA awards at multiple schools. I would think this goes back to the pool for WL if there are any admits. </p>
<p>Last year most of the “big” schools were over accepted for enrollment (check the old threads). I would have thought that they have some idea of the general yield for FA. I would think that this year they have to be more conservative in the numbers, because it seems that schools are saying things like they will try to help current students with increased need due to economic situation etc.</p>
<p>Try to relax. One week left. Best of Luck to all.</p>