Financial Aid Article in YDN (news)

<p><a href="http://www.yaledailynews.com/article.asp?AID=32912%5B/url%5D"&gt;http://www.yaledailynews.com/article.asp?AID=32912&lt;/a&gt;&lt;/p>

<p>very interesting article, with some pretty good analysis
it appears that yale is going to revise its financial aid again, either eliminating the student contribution, or upping the lower limit of income for parents who don't have to contribute money to tuition. </p>

<p>"Last week, Storlazzi, Yale's financial aid director, said he was preparing cost estimates for proposals that would improve the University's aid packages by either cutting required student self-help or instituting a Harvard-like cut in the parental contribution."</p>

<p>An interesting stat is that all ivy's enroll about the same percentage of low income students, only a few percentage points differentiate them. Princeton, followed by Yale, though have the lowest percentage of low income students (10.2% at Yale) - no Ivy has more than 11.3% though, so we're not talking about a big number. </p>

<p>An interesting question raised is whether low income students should be given some sort of AA, as the process of need blind sort of hinders this because the admissions committee really won't know the income of the student, beyond whether they are applying for financial aid or not. Studies have shown that they currently don't get preferrential treatment at Ivy's.</p>