Harvard joins rivals, reports record low admission rates
Harvard, Yale, Princeton and Columbia universities reported record-low freshman admission rates for the 2013-2014 academic year.
Harvard offered seats to 2,029 students, or 5.8 per cent of a record 35,023 applicants, the Cambridge, Massachusetts-based school said on Thursday in a statement.
Yale accepted 6.7 per cent, Princeton offered admission to 7.3 per cent and Columbia accepted 6.89%, the schools said in statements. Top US colleges that offer generous financial aid are luring record numbers of applicants even as the cost to attend increases faster than the pace of inflation and the number of high school graduates declines.
The Common Application, an online form that lets students apply to multiple schools, has helped drive the surge, said Robin Mamlet, former dean of admissions at Stanford University. “More students are going for their reach or dream colleges through the use of the Common App,” Mamlet said in a phone interview.
In years past, completing laborious paperwork for each school limited the number that most students applied to, Mamlet said. “That barrier has been taken away.” Yale, in New Haven, Connecticut, offered admission to 1,991 students, and expects 1,350 to attend, the college said in a statement.
FINANCIAL AID
The four schools, which make up half of the northeastern US-based Ivy League, are among the wealthiest universities in the US. They are “need blind” institutions, where a student’s ability to pay isn’t taken into consideration for admissions .
Harvard increased its financialaid budget for the coming year by 5.8 per cent to $182 million, the school said earlier this week. Almost 60 per cent of the new freshman class will need assistance, said financial-aid director Sarah Donahue. Much of the application increase over the past few years has been driven by students seeking Harvard’s aid, said William Fitzsimmons, dean of admissions and financial aid, in a phone interview.
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