By: Mimi Doe and Michele Hernandez
Since last summer, and all fall, we’ve been asked by the press, parents, and anxious students if we felt early applications would drop due to the financial crisis. Over and over, we’ve said NO, applications will RISE because students still don’t want the pressure of having to apply to 20 schools for regular. Plus, it’s the top colleges that give the most generous financial aid in the first place, and applying early NEVER decreases your financial aid package at comparable schools. In other words, you’ll get the same aid package in early as regular even if you don’t have several offers to compare to. Plus, it’s EASIER to get in early decision. In 2008, for instance, Yale had an overall acceptance rate of 8.29%. If, however, you had applied early, the acceptance rate was 18.11% and the regular round was a brutal 5.62%.
We were spot on…. Here’s the current early stats for the schools posting their numbers:
Wesleyan – Up 40%
George Washington University-Up 30%
Duke – Up 25%
Pomono – Up 20%
Northwestern – Up 15 %
University of Richmond – Up 14%
Colby – Up 13%
Haverford – Up 13%
Dartmouth – Up 12.5%
Middlebury – Up 12%
Hamilton – Up 8%
Union College – Up 8%
Bowdoin – Up 7.9%
NYU – Up 2.3%
St. Olaf – Up 50%
Brown – <4.5>
Williams – <6.5> (as of 11/14)
MIT EA Up 25%
Stanford EA Up 18%
Yale EA Up 10.4%
If you are applying in the regular round this year, 2009, you MUST stand out. It’s going to be tough at top schools. Just note above and realize that some schools take as much as 40% of their class from the early round.
We urge you to instantly download a copy of our Application Boot Camp® Self Guided Program and spend the next four days focused on creating a stellar application. As we’ve been saying for months, 2009 will be the most difficult year in history for gaining admission to top schools.
Don’t get lost in the pack…rise above the rest. You will also gain enormously from our audio recording: Rise Above the Rest: Creating Winning College Applications.
You might find the New York Times blog posting on this topic of interest: