Word: need-blind
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...matter how tight the situation gets, certain programs should remain off-limits from Faculty shears. The need-blind admissions policy--which recently has been threatened at other Ivy League colleges--cannot be touched. We firmly believe that a Harvard education should be available to everyone regardless of financial need. Likewise, the Faculty shouldn't skimp on beefing up a security program that is still inadequate. In the past, administrators have tried to curtail funds for the shuttle bus and have declined to from other areas. No fiscal concerns should jeopardize students' safety...
...1960s, 1970s and 1980s, Yale neglectedits buildings, choosing instead to invest facultyfunds in bolstering a need-blind admissionspolicy, making the transition to a coeducationalschool, building an extensive library collectionand buttressing faculty salaries to competitivelevels, Matzke says...
Some elite institutions have already offered up that cow for sacrifice. Two years ago, Smith College, which spends $13.7 million a year on financial aid, announced that it could no longer afford a need-blind admissions policy. As a result, 29 otherwise qualified candidates for last fall's freshman class -- 11 of them women of color -- were rejected. Under pressure from students and alumnae, Smith resumed its need-blind policy this year, but the result is likely to be the same. While those 29 students would probably be admitted now, Smith still wouldn't be able to give them...
...determining who is accepted from the school's waiting list. Meanwhile, Bowdoin College in Brunswick, Me., despite a professed commitment to admitting students without regard to financial need, rejected 40 otherwise qualified applicants last year when it ran out of aid money. "Letting financial conditions affect who gets in is not an attractive option for us," laments admissions dean Richard Steele. "But we're not assuming that we can be totally need-blind as we approach the 21st century...
...need-blind admissions go, the big loser could be diversity...