Concept

Need-blind admission

Résumé
Need-blind admission in the United States refers to a college admission policy that does not take into account an applicant's financial status when deciding whether to accept them. This approach typically results in a higher percentage of accepted students who require financial assistance and often necessitates that the institution has a substantial endowment or other funding sources to support the policy. Institutions which participated in an antitrust exemption granted by Congress were required by law to be need-blind, a requirement which remained in effect until September 30, 2022. An institution may be need-blind in any given year by policy (de jure) or by circumstances (de facto). Many colleges and universities cannot provide enough financial aid to cover the full demonstrated financial need of all admitted students. Some institutions are not need-blind, while others may practice need-blind admissions but cannot provide sufficient aid. Additionally, some schools that do not consider financial need for domestic first-year students may not extend the same policy to international or transfer students. Schools that are need-blind and meet full need for all applicants tend to be highly selective due to the large number of applications they receive. Each institution has its own definition of meeting the full demonstrated need, and there is no universal standard. Some schools meet this need through grants and/or merit or talent scholarships alone, while others may also include loans and work-study programs. As a result, a student's financial aid package can differ greatly between schools that claim to meet full demonstrated need. There are currently seven U.S. higher education institutions that are need-blind towards all applicants. These institutions meet full demonstrated need for all applicants, including international students. These are: Amherst College Bowdoin College Dartmouth College Harvard University Massachusetts Institute of Technology Princeton University Yale University A number of U.S.
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