<p>If what we hear about high yield of fa students, i would think that next year would see the big change.</p>
<p>There are always ups and downs in the market. It will take awhile, but it will be up again sooner or later. Or atleast better than it is now…not gunna get to much worse than it is now.</p>
<p>There may always be ups and downs. However, an across the board, nationwide, profound degradation of home equity in the range of 20-30% WITHOUT THE BOTTOM IN SIGHT, occurs only once in several generations. This moment is special. People think they are well off because they own assets. Their biggest asset has a huge hole bitten out of it. Sure it “will take a while,” as you say. Ten years? Fifteen years?</p>
<p>pan, i agree and i also don’t think the schools are coming clean about their endowments. they all claimed they were down 20-25%. I bet you anything that was the publicly traded part of the portfolio and that they are still valueiing their pe investments at unrealistic marks. witness what happened when Harvard tried to sell part of their pe. a disaster</p>
<p>Right on catg. They were heavily invested in illiquid assets (commodities, hedge, private equity), as you say, and they got stuck with huge capital calls. They do not even know the extent of the massacre yet.</p>
<p>FA need: >80%</p>
<p>Accepted: Exeter
Waitlisted: Hotchkiss, Andover, Deerfield</p>
<p>SSAT: 97</p>
<p>Applied for 11th grade btw</p>
<p>^^^oh also my family received the need amount</p>
<p>FA > 100% (books + plane tickets + stipend + music lessons etc.)
PSAT = 93%
Grades ~ 3.4 unweighted ~4.2 weighted
Accepted = Hotchkiss (repeating 10th grade)</p>
<p>FA > 50% each, in separate applications for D and S.</p>
<p>SSATs = 75% (both of them).
GPA = 3.3 (her, unweighted in ISB program); 2.9 (him with LD)</p>
<p>WL = St. Paul’s, Choate (her); Salisbury (him). Both applied to 10th grade.</p>
<p>Accepted = St. Mark’s, Hill, Mercersburg, NMH, Portsmouth Abbey, Kent, Millbrook, Westtown, George; Kents Hill, Cheshire (him…he applied to far fewer schools).</p>
<p>Both kids had strong/unusual sports & spent most of their lives outside the USA.</p>
<p>We were pleased with their FA packages and found (most) schools generous.</p>
<p>I am bumping this thread since I’ve recently seen folks referring to it. There was a lot of good chatter here and there was also an extended visit with a ■■■■■. If you’re looking into FA, please don’t be put off by some of the comments that were made here. Good luck!</p>
<p>Bumping for this year’s applicants. I hope this provides a little insight from last year. If I could remove all the ■■■■■ posts I would!</p>
<p>Interesting to read. Daughters need >50%, 98% SSAT, waitlisted at Exeter, SPS, NMH so far, and no FedEx from Andover. Was informed by one director of admission and one assoc director of financial aid that it was all FA based…since she was not an institutional need (hockey player, orchestra cellist, etc), that they loved her but would not fund her. Gee, thanks</p>
<p>Quiltingbee, exact same situation here!
Need >50% FA, 98% SSAT, great recs, etc., but not “institutional need”. Got waitlisted at Exeter & Choate so far, still have to hear from Deerfield & Andover.
With such a significant need for FA, I’m surprised & glad I made it this far. :)</p>
<p>needed pretty much full aid.</p>
<p>83% SSAT (I know suckish.)</p>
<p>Rejected: Exeter, Andover, SPS, Middlesex</p>
<p>Waitlisted: Choate</p>
<p>bunnywins, will keep my fingers crossed for you. Daughter will not stay on a waitlist…she didn’t LOVE anyplace enough to endure that. Still waiting to hear from Andover (but assuming waitlist/rejection) and Loomis.</p>
<p>2010hopeful, how did you hear from Andover?</p>
<p>Somebody help me out here: I don’t get this waitlisting because of FA requests. I thought all these schools followed the NAIS’s need-blind policy with regard to admissions. I can understand they have no obligation to fund you, but how do they get away with rejecting applicants solely because they require FA?</p>
<p>We only applied to three schools for our son (two day schools and one BS as a day student). He was accepted at all three, but the FA offers ran the full spectrum: $0, 30% of need, and 100% of need.</p>
<p>ETA: This is from the NAIS’s Principles of Good Practice, under the “Financial Aid” section:</p>
<p>“The school determines eligibility for admission without regard to a student’s application for financial aid.”</p>
<p><a href=“http://www.nais.org/about/seriesdoc.cfm?ItemNumber=146286&sn.ItemNumber=146810[/url]”>http://www.nais.org/about/seriesdoc.cfm?ItemNumber=146286&sn.ItemNumber=146810</a></p>
<p>I don’t know of any school that is “need-blind”…even Exeter and SPS are need aware these days. Coded on Exeter website (financial aid applicants may face more competition). Some schools will admit with no FA, some waitlist, some reject if they cannot fund a needy applicant. Usually waitlist on the assumption that maybe you can get grandparents, etc to pay.</p>
<p>So they just disregard the NAIS Principles of Good Practice?</p>
<p>NAIS asks that a school determine eligibility for admission without regard to FA. That does not say that they actually admit. So they decide she is eligible for admission, but they just don’t have space for her</p>