Web Exclusives: From the Cheap Seats
a PAW web exclusive column by Matt Golden '94 (email: golden2@erols.com)


February 21, 2001
New financial-aid policy may grant Tigers athletic coup

By Matt Golden '94

You're a standout high school student-athlete in the midst of a recruiting battle. Harvard wants you. So do Princeton, Penn, Yale, and Penn State. But the price tag of an Ivy League education has you leaning toward a scholarship school. After all, if you choose one of the Ivies, the student loans you accrue by graduation will be more impressive than your degree.

With decision time approaching for many recruits in that very predicament, Princeton made choosing a college a whole lot easier. The university announced last month that it will no longer require undergraduates who qualify for financial aid to obtain loans to pay their tuition bills. Loans will be replaced by grants - which need not be repaid - beginning this fall.

This groundbreaking policy is designed to take finances out of the equation for admitted students who are deciding whether or not to attend Princeton. But, in the realm of intercollegiate athletics, the switch from loans to grants brings finances to the recruiting forefront. The new policy creates a clear financial distinction between Princeton and its Ivy competitors. Previously, a recruited student-athlete would face roughly the same financial picture at all eight Ivy institutions. Now, Princeton has a clear advantage. That same recruit can choose Harvard and thousands of dollars in student loans or opt for the orange-and-black and be able to graduate debt free.

The timing of Princeton's announcement could have a profound effect on the success of Tiger coaches in this spring's critical recruiting battles. It is doubtful that the other Ivies can implement similar student-aid policies in time to woo top athletic recruits for the class of 2005. And that will leave Old Nassau as the destination of choice for many of best of the Ivy-bound young athletes. The change also allows Princeton coaches to recruit student-athletes who, for financial considerations, had previously crossed the Ivies off their lists of suitors.

The remainder of the Ancient Eight will probably open their coffers and fall in line with Princeton in very short order. But, the impact of one dominant recruiting class could be felt throughout the league for years to come.

Matt Golden can be reached at golden2@erols.com