Stanford receives record number of applications

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Despite a shaky national economy, Stanford University has received a record number of applications for its fall freshman class.

With foreign applications still trickling in, the university already has topped last year's record of 30,428 applications overall, said Lisa Lapin, a university spokeswoman.

Only about 1,700 spots are available in the freshman class, which means a lot of high school seniors will be disappointed when the acceptance letters go out from the university in late March and early April.

"The number of applicants has been rising in recent years, and Stanford has been getting more and more selective," Lapin said. "Last year we had an acceptance rate of around 7 percent, which was the lowest in our history."

Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2010/01/25/BAM81BLR9D.DTL