‘Dream’ schools are normally beyond the reasonable expectations of the student. In percentage terms, the student has ‘less than or up to 50% chances’ of obtaining admission.
‘Reach’ schools are ‘within the reach’ of the student’s profile. In percentage terms, the student has ‘50 – 80% chances’ of obtaining admission.
‘Safe’ schools are those where the student should easily be admitted. In percentage terms, the student has ‘more than 80% chances’ of obtaining admission.