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LendEDU notes that the revenue figures are estimates based on the number of applicants and the school's application fee. Some colleges offer discounted or waived application fees for need-based financial aid students.
The top of the list is full of blue and gold. Eight campuses in the University of California system - where the application fee is $70 and the number of applicants ranges from over 42,000 to 97,000 - ranked in the top 25.
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Below, take a look at the top 25 colleges that earned the most revenue off student applications last year, ranked from lowest to highest.