According to a recent New York Times article, Seton Hall University will give certain top early admissions applicants two-thirds off the regular tuition price. To qualify, the applicants need to apply early admission, graduate in the top 10% of their high school classes, have a combined 1200 on the SAT (getting at least 550 on each test) or have an ACT score of 27 or better. The university says it has come up with this policy to help aspiring college students during these tough economic times.
Other colleges and universities have offered some breaks on college tuition, but none quite like this. For example, Sewanee in Tennessee cut its annual bill for students by 10% and Georgia has given residents with A and B averages full scholarships to its state schools. And other colleges and universities give merit-based scholarships and grants.
Is this the same, or something different? Would you be more willing to apply to a college or university that gave discounts based on how you performed in high school?