Everyone I know who was offered this extended waitlist (myself included) has turned it down. I’m too deep in financial commitments to another school and definitely not getting enough FA from Penn to make up for it.
Hopefully, with the amount of people seemingly rejecting the waitlist offer, it is a small list and some of you who love Penn have a better chance. Good luck guys!!
@lesjubilants, only a VERY few colleges may beat Penn at its generous FA. If you are in those schools, congratulation!. Otherwise, you will find Penn’s FA package is so fat when you receive it.
@f2000sa I am just wondering where you found the info for the targeted yield for this year since I tried to search it up but couldn’t find any info on that.
@J2H239 I agree. I was surprised by how much they gave me in financial aids (much more than the other schools that I applied) and that is the main reason why I chose Penn.
@bananas99 I wouldn’t pay too much attention to that, there’s no way that many members all joined at the same time (indicative of some waitlist change). On the other hand, is there any updates? Has anyone called or anything?
@J2H239 Unforunately, I’m in the “too poor to pay for college but too rich to get financial aid” category, so my FA packages from elite schools absolutely sucked. Like $150,000 of student loan debt sucked. I’m taking a full ride + more to the honors college at a state school
Some Schools told their WL that they expected some opening during the summer.
The long wait takes some psychology toll. It is beneficial for both the applicants and school. For school, a full class, for applicants, more openings, and more chances.
@casewestern00 no updates “possibly for the next few weeks”…? they told me when I called a couple days ago that we’d be receiving updates “within the next couple weeks” sigh… nothing is ever clear in this process, it’s agonizing
Who knows anymore, I wouldn’t be surprised if they were messing around and we heard back this week, and I also wouldn’t be surprised if we didn’t hear back until August haha.
Exactly, what’s with the secrecy? Those who are interested in Penn will be interested of Penn regardless of what you say. I feel like they’re afraid that people will reject the waitlist offer if they tell people it’s almost full, when that’s probably not the case.
Perhaps their yield was just slightly higher than expected and they are slightly above ideal class size. So if they are above ideal by 25 students (for example) and their normal drop out is 25 then they would not need the full waitlist or extended. However if they are above ideal by 25 and their normal drop is 30, then they would need only a few students on the extended waitlist.
They have to find space for any one who committed. For example, if target class is 2450, They got 2500. They have to accommodate 2500. They will fill the dropout with people on extended WL to make a full class of 2500.
They can not predict exactly how many will drop out. Besides, they need to find extra rooms and may need sign some agreements with some institution. (my Guess) . Just easier to increase the class size to match the committed students.
For class 2020, They have record yield of 68-69%, They increased the class size by 40 more than planned.