Two quick additions/clarifications to this: The definition of full-pays is those students who receive no institutional funds. EM people don't care where the cash comes from, only the discount. Second, yes, I know some institutions use endowments to pay for institutional aid. That percentage is likely very small, although concentrated at a few institutions. Before we begin, here is what this post does not do: It will generally not tell you where you can get low tuition, with a very few exceptions. And when it does, it won't be at one of "those" colleges. It will not tell you which colleges are likely to close soon, although after the fact, you can probably find a closed college and say, "Aha! Right where I expected it would be!" It will not show you net costs to students. It will not adjust for things like church support, enormous endowments, or the cost of living in that high-priced city where Excellence College or Superior University is located. Got it