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Asked 96 views Translated from Chinese (Simplified) .

Will private universities accept students from low-income families?

Will private universities accept students from low-income families?

Considering Stanford and Harvard

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To: Friend
Subject: Career question for you

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Fred’s Answer

Yes. Many schools want a wide diversity of students, from all backgrounds. I actually don't think income is factored in AT ALL in the admissions process. Grades, extra curricular, ACT/SAT scores, essays...that all matters more (in my opinion).

Now, top tier schools cost a LOT more. Even if you get in, you may not be able to afford it. They will offer you some aid, and you can get private or government loans, but you have to figure out for yourself it the cost is worth it. If you take out loans, you will be paying them down for years, if not decades. Does the benefit of these school's reputation outweigh their higher cost? That's something you have to decide.

I would STRONGLY recommend you talk to your high school college counselor. They can give you the best, most up to date advice. My knowledge is mostly based on my college experience, which is 30+ years old.
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