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Being need-blind is a statutory requirement for institutions to participate in an antitrust exemption granted by Congress which remains in effect until September 30, This policy generally increases the proportion of admitted students needing financial aid and often requires the institution to back the policy with an ample endowment or other sources of funding.

In addition, many schools that admit domestic first-year students without regard to need do not extend this policy to international or transfer students. Try again Search again using different words.

Exclude words Use a hyphen to exclude words for example, annuity-variable. Schools that are need-blind and meet full need for all applicants are usually very selective as they tend to receive more applications than other schools. Its California Certificate of Authority is Member FDIC.

Institutions set their own definition of meeting the full demonstrated need. Jump to Jump to search College admission policy Need-blind admission is a term used in the United States denoting a college admission policy in which an institution does not consider an applicant's financial situation when deciding admission.

There is no universal standard that an institution must abide by to claim that it meets full demonstrated need.

Please and refer to the Reference below: Try searching our site for your topic of interest using these simple tips and tricks: Spelling Make sure words are spelled correctly. Most colleges and universities cannot afford to offer adequate financial aid to all admitted students; some are not need-blind while others admit students on a need-blind basis but do not offer them sufficient aid to meet their full demonstrated financial need.

Each of the foregoing is solely responsible for its own financial condition and contractual obligations. Equal Housing Lender.

Hit enter to search Investment, insurance and annuity products are not FDIC insured, are not bank guaranteed, are not deposits, are not insured by any federal government agency, are not a condition to any banking service or activity, and may lose value. The TIAA group of bwrea does not provide legal or tax advice.

For these reasons, an admitted student's financial aid package can vary ificantly at different schools that all claim to meet full demonstrated need. Please consult your legal or tax advisor.