<p>Although schools say it doesn't matter, I've gotten the impression that many are looking for students who can pay full tuition without financial aid, so as to improve their bottom line and leave aid for students they want to attract.</p>
<p>That is, it won't get you in if your credientials are not up to snuff, but if the school is a bit of a reach for you, or it's between you and another candidate, the ability to pay in full (and not checking off that you are applying for financial aid) may make the difference between getting admitted or not.</p>
<p>No. If your parents can buy the school a new building, then yes. But 30-40% of kids at elite private colleges are upper middle class kids whose parents can pay/have saved enough to pay for all four years.</p>