<p>Financial reach, or out-of-reach?</p>
<p>Those which are completely out-of-reach are not worth bothering with at all.</p>
<p>If the school is a financial reach, it can be put in the bucket with all of the other reach schools, as long as everyone involved realizes that admission without enough financial aid or scholarships is equivalent to a rejection. I.e. the student is not trying merely to get admitted, but trying to get enough financial aid or scholarships.</p>