May 2, 2008
Top Colleges Admit Fewer Low-Income Students
Pell Grant data show a drop since 2004
Elite colleges have made headlines in recent years with financial-aid plans aimed at enrolling more low-income students. But despite those efforts, the proportion of financially needy undergraduates at the nation's wealthiest colleges and universities actually dropped between the 2004-5 and 2006-7 academic years, according to a Chronicle analysis of federal Pell Grant data.
Just 13.1 percent, on average, of the undergraduates at the