Well, they do go into the details of the endowment reduction, the % payout per year, and the budget breakdown. Not sure what else you'd want. The school isn't in any danger of closing or anything, just some belt tightening.
I'm surprised they're not admitting students who they can't give aid to. That's inline with their goal of aid for anyone who needs it, but still seems strange to not even admit them. Back in the old days, maybe the '70s, there was a class of students called "come anyways" who were admitted, not offered any aid, and allowed to attend if they could figure out financing. Also, it's common to get a better aid package once you've successfully completed a year.
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Date: 2009-06-11 06:30 am (UTC)I'm surprised they're not admitting students who they can't give aid to. That's inline with their goal of aid for anyone who needs it, but still seems strange to not even admit them. Back in the old days, maybe the '70s, there was a class of students called "come anyways" who were admitted, not offered any aid, and allowed to attend if they could figure out financing. Also, it's common to get a better aid package once you've successfully completed a year.