LendEDU has recently published a report titled “The 500 Colleges That Make the Most Revenue Off Declined Applications.” Even though enrollment numbers at U.S. higher education institutions are declining, some schools still have lucrative revenue streams from application fees. LendEDU uses data in the “Integrated Postsecondary Education Data System” collected from the National Center for Education Statistics. Here are 500 schools that have earned the most money from application fees for the 2016-17 academic year.