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Admissions counselors from any of the country’s wealthiest colleges would probably describe their financial aid in similar terms. Something like: “Yes, our price tag is really high, but we meet the full demonstrated need of all our students. If you get in here, we’ll make it affordable for you.” That’s basically true. And the wealthiest colleges do have roughly the same financial-aid policies. But they’re not exactly the same.


http://chronicle.com/article/The-Financial-Aid-Fine-Print/190131 Chronicle of Higher Education