I thought that was really odd as well. I assumed it was for a reason and probably won't push it.
I know they are up front about not giving out aid - but I have always struggled to reconcile how a school with a $1.2 billion endowment and barely more than 1,000 students struggles to give out aid. If they can manage 5% on the endowment, that will cover $60 million of expenses. I'm sure I come across as bitter, but I had these questions before being 'awarded' nothing.