<p>Hello.</p>
<p>If I would be an average student and my parents would have all money to cover all tuitions and fees for college for all four years there, would I have enough to be admitted to Harvard college?</p>
<p>Thank you for answer.</p>
<p>lol no, unless you could donate millions of dollars.</p>
<p>haha, no. definitely not.</p>
<p>The more prestigious colleges are all need-blind, meaning your ability to pay has no influence on your acceptance.</p>
<p>That is what they write on their pages… but is it really true? I have heard that about 80% of students pay all their expences there. These money serve for running the college as well as scholarship to people, who cannot afford paying college tuition.</p>
<p>So… as a conclusion… there have to be some people who pay that all…</p>
<p>(btw I would be an international student, I am not from USA)</p>
<p>I dont think in 100% need-blind policy, because who would pay all expences of the university?</p>
<p>I guarantee that statistic is wrong. </p>
<p>Harvard has an endowment of $29 billion. Unlike many less-prestigious schools, they have the money to be need-blind. </p>
<p>If a college says it’s need-blind, the regular admissions process really is need-blind. The only caveat is that some colleges will be need-blind, but not for admissions off of their wait list. I’m not sure whether Harvard in particular allows ability to pay to influence their wait list decisions.</p>
<p>More than half of Harvard undergraduates are on financial aid.</p>
<p>Yes, if you or your parents are famous. Money alone won’t do it, but fame most certainly will.</p>
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<p>It is indeed true that they are need-blind. A lot of people at prestigious schools receive a lot of Financial Aid. In fact many top schools schools are even recruiting low-income people through special programs. Most of this money comes from the rich alumni and a good amount of money for Financial Aid comes from the US Government. </p>
<p>If you want money to help you to get into Harvard, you’re talking at least $10,000,000 and even then nothing’s guaranteed. </p>
<p>I would be more worried about whether your English is good enough to be successful in a US college.</p>
<p>The ivies could fill their classes many times over with people happy to pay in full. They could probably fill several classes with people willing to pay double. Money begins to speak when it’s seven figure donations.</p>
<p>I agree, need blind schools usually want students of the best caliber. They also happen to have an endowment big enough to make money a secondary concern.</p>
<p>Even if Harvard was interested in full-pay students, that still wouldn’t help an “average student,” since there are plenty of very accomplished students who would be happy to pay the full cost of Harvard.</p>
<p>For an academically qualified but otherwise unspectacular student, I’ve heard 2.5 million quoted as the price of admission.</p>
<p>is your family’s name on a building?</p>
<p>If Harvard wanted to it could probably fill its entire class with full pay students and not have any drop in admit rate, SAT scores and GPA range. However, Harvard values economic diversity.</p>
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<p>There was a quote from either the president of Harvard College or the admissions dean that I can’t find right now that said “If it’s not 8 figures, it doesn’t cross my desk.”</p>
<p>It would be interesting if Harvard or a similar school were to offer one - just one - spot on eBay. Then you’d find out what it’s really worth.</p>
<p>Harvard would be quite pleased to take a 7 figure offer for a marginally qualified student right now. Times have changed.</p>
<p>Brown is much more hung up on fame than Harvard, but it is true having famous parents or coming from a wealthy family certainly helps in admissions (how do you explain all four of Al Gores kids getting accepted?).<br>
Also, if your family has money you might be able to get in as what they call a “developmental admit”. Duke was notorious for doing this when they were growing their national presence in the '80’s but all schools are guilty of it.
You would be amazed how often the development office and the admissions office talk to one another. If they think your family will give money (large sums of money, six figure donations) it will improve your odds, HOWEVER they will not admit some student with a B average and sub-par SAT scores just because his family offers to give to the endowment. Coming from a wealthy/famous family only tends to help when you are on the low end of their admission ranges and might give you a slight ‘push’.
There was a great book written on this a few years ago called The Price of Admission. I’d highly recommend it.
Also, Harvard’s endowment is down to $23 billion. They are really hurting. They just laid off 450 staff and faculty a few weeks ago and are offering professors early retirement. (I still find it amazing that with $23 b. in the bank the school is “hurting”).</p>
<p>They have 29 billion dollars, I’m not sure the amount you think you can put out will suffice.</p>
<p>Can someone please explain to me why Harvard is still even CHARGING for their education? With $23 billion, shouldn’t everyone get it for free? What are they doing with all that money?</p>