Does it follow, though, that students have a better chance of grabbing grant funds the earlier they apply?
No. We set a financial aid application deadline. There are certain schools that have absolute set deadlines, regardless of when a person is going to be admitted. But because of the way our admission cycles work, no one who applies to be admitted in the third round is penalized, as far as financial aid goes, as long as they submit their financial aid application on time. If you don’t meet your [corresponding aid] application deadline, you may not receive the same type of grant that you would have had if you’d applied on time, though.