There are now 1,091 Phillips Academy students from 46 states and 31 countries. The school hopes to increase diversity of the student body by broadening recruitment efforts and eventually admitting students regardless of financial need.

Five percent more students are able to receive financial aid since the budget was reevaluated in 2004 as a result of the Strategic Plan.

Financial aid funds have increased by approximately one million dollars per year for the past four years...