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does ability to pay always affect college decisions?
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Okay, here's the deal. I'm a junior, I've sat down with my parents and used the net calculators, and it turns out that I can probably pay the tuition of any school I get into, besides maybe NYU. I realize that I am very (VERY VERY) lucky that I was born with parents who can pay it, and I recognize that most people do not have what I have. I'm very grateful to my parents. However, I do have a question: Will this positively affect my decisions? I am just curious! I've been doing some research on this, but I haven't quite reached my own conclusion yet. Thanks!

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Accepted answer

Your ability to pay has absolutely no impact on your admissions chances in most cases; a majority of schools have need-blind admission policies, meaning your ability to pay will not be a factor in admissions. NYU for example is need-blind; applying for financial aid won't lower your odds of getting in.

Hope this helps.

thank you! very helpful :)
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To my knowledge not being able to pay may decrease chance of admittence but being able to pay by itself doesnt increase by itself.

thanks! appreciate it :)
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No, it probably won't increase your chances. At least not in any big enough I'd imagine. Like @ajmoshyedi mentioned, most schools have need-blind admissions policies. This means that your ability to pay (or not pay) will not be factored into your chances. There are some schools that have need-aware admissions where your ability to pay might give you a boost but most top schools (I'm assuming you're applying to top schools based on NYU) are need-blind.

thanks! this really helped :)