Stuart Schmill News
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Cornell University and Massachusetts Institute of Technology are scaling back financial assistance to students, adding to the burden of families already coping with climbing college costs.
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Massachusetts Institute of Technology said it received more than 17,800 undergraduate applications for the next academic year as students see value in a scientific or technical background.
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Elite U.S. colleges such as the Massachusetts Institute of Technology and Columbia University are experiencing a slowdown or drop in applications for freshman admission after years of record increases.
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Applications for early admission to Massachusetts Institute of Technology, Duke University and Dartmouth College rose to the highest on record as students said name-brand colleges give graduates an edge in job searches.
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New York University pulled out of the National Merit scholarships, becoming at least the ninth school to stop funding one of the largest U.S. merit-based aid programs, because it doesn’t want to reward students based on a standardized test.
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Nicole Ederer was delighted when Columbia University and Duke University wooed her with e-mails and letters after she scored 214 out of 240 on her preliminary SAT college entrance exam junior year.
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