1. B revising their financial aid policies

2. D It cut its merit-based aid to help the needy students.

3. C attract good students

4. D it's not right to give aid to those who can afford the tuition

5. B fierce competition among institutions

6. A They would like to see it reduced.

7. C Many students from middle-income families have come to rely on it.

8. qualified

9. recognizes

10. portforlio