NACAC reports increasing demand for financial aid

October 8, 2009

According to a new survey by the National Association for College Admission Counselling, 90% of American colleges reported an increase in applications for financial aid during the last admissions cycle. 74% saw a rise in the number of students offered institutional grant aid. 71% of public and 52% of private institutions surveyed reported gains in enrolment. The most prevalent strategy to meet enrolment targets this fall was admitting more applicants, which 62% of public and 69% of private colleges said they had planned to do. 52% of public and 49% of private schools reported adding a waiting list for the first time, compiling a longer waiting list, and accepting more students from the waiting list.  Inside Higher Ed | Chronicle of Higher Education (subscription required) | NACAC Report (PDF)