<p>finally (10 char)</p>
<p>Most importantly,</p>
<p>
[quote]
Mills stressed that despite the formation of the Founder's Scholarship, it does not mean NU is abandoning its commitments to need-based aid or to meeting 100 percent of the financial need of students.
[/quote]
</p>
<p>too bad its only availible to middle class, so if your recieving a lot of aid or are rich, then you cant get the scholarship</p>
<p>yeah, but that's probably to maximize its effectiveness on cross-admits: the middle-class is where merit aid would have maximum swaying effect, rather than rich people to whom it doesn't matter or people who are receiving a lot of financial aid already.</p>
<p>it's ingenious, really: it makes the dollars go further.</p>
<p>^ Exactly. The only reason I'll be able to realistically attend NU next fall is because I got one.</p>
<p>Your right, but it would be even more effective if it was more than 7000 each year. If they gave merit offer like Rice does to their top applicants (which is like half scholarship) then it would be very effective. And if NU also guarunteed to meet 100% demonstrated need, it would sway a bunch of really good applicants towards NU. But that's just my opinion.</p>
<p>yeah, i mean that would be the ultimate system, i'm sure northwestern is trying to work towards that, it's just that these things take money so it's all a matter of budgeting and financing.</p>
<p>i heard northwestern had an uncharacteristically large rise in endowment this year, due at least somewhat in part to an aggressive marketing campaign, maybe that is part of how they are financing this.</p>
<p>regardless, i think it's a good step for NU</p>
<p>frightening part about the article is how "they rank the admits, so it's easy to figure out who gets it"</p>
<p>im probably ranked around 4500...maybe even 4400</p>
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[quote]
frightening part about the article is how "they rank the admits, so it's easy to figure out who gets it"
[/quote]
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<p>yeah that freaked me out too, heh</p>