Many highly selective colleges are in search of ‘smart students from poor families.”
These ‘High Achieving, Low Income’ students (HALI).are defined as students in the top 4% of their class who score in the top 10% on either the SAT or ACT. A 2013 study conducted by Caroline Hoxby at Stanford and Christopher Avery of Harvard, entitled “The Missing ‘One-Offs’: The Hidden Supply of High-Achieving Low-Income Students” garnered data on every student who took the SAT during the prior year ensuring its findings were statistically significant.