Well if Stetson is trying to get a higher quality person at the school, it didn't do a very good job of it. I applied to it as my safety and haven't gotten any info about scholarships. On the other hand, I was immediately asked to apply for an FSU scholarship and was offered one, so how on earth can they think I'd choose a $27,000/year school over a $9000 school that offers a scholarship? I guess it has to be yield protection that they are rejecting people who got into FSU/UF.
That said, most people who go to Stetson have a great experience there, but I think that there's still no comparison between Stetson and FSU/UF.