"In mid-January, a college applicant in the suburbs of Chicago received an enticing offer. It came from an admissions counselor at
Illinois Wesleyan University, who left him a voicemail message and followed up with a text. "You have been selected," the text said, "to receive an extra $2,000 per year in scholarship money!"
There was one stipulation. Because funds were limited, the university would hold the offer for just two weeks. "If you deposit by February 1st," the text said, "then you are guaranteed the extra 2k. Let me know if you have any questions!"
Later that day, the young man shared the news with
Augustana College, in Rock Island, Ill., which had sent him a financial-aid package weeks earlier. Could Augustana, he asked, match Illinois Wesleyan’s latest offer? He needed an answer by February 1.
That snapshot from the heartland shows how the admissions realm is changing. It increasingly resembles the rest of the commercial world, in which come-ons relentlessly pelt consumers’ skulls, incentives drive decisions, and everyone expects to bargain. Here’s a 40-percent-off promo code! We will not be undersold! Act now — this special offer expires soon!
The 2019-20 admissions cycle marks the end of student recruitment as we know it. Colleges are using fiercer tactics, and the official rules of competition are kaput.
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Situational Awareness: Like it or not, the demise of the NACAC guidelines is hastening the industry’s push into murky territory. New tactics — like Illinois Wesleyan’s offering applicants extra aid in exchange for a deposit three months before the traditional deadline — could affect hordes of colleges. Even those not trying new strategies of their own must decide how, or whether, to counter a competitor’s gambit.
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What's Next: Last fall,
Clarkson University, in Potsdam, N.Y., emailed prospective applicants to announce a new benefit called the Early Decision Incentive Scholarship. The pitch: Students who applied by December 1 would, if accepted, get an additional $2,000 a year for four years.
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Reality Check: Last fall the mother of a 2019 Minnetonka HS graduate contacted
Phil Trout, a college counselor, to say that her son, a college freshman, had received transfer solicitations from seven institutions. He hadn’t even applied to three of them. "She said, ‘This isn’t right,’" Trout recalls. "And I said, ‘Well … actually, now it’s allowed.’"
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Worth Noting:
Early Deposit Awards Programs. Yes, it's what you think it is.
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