Admission probabilities are determined by you based on your professional opinion of the student’s chances of being admitted. You may display the admission probability to all your students or limit who sees their admission probability on a student-by-student basis. By default, admission probability is hidden from students. To change the default setting, check out the article, "How do I show / hide admission probability for all Students?" To set the visibility of the Admission Probability for a specific student, check out the article, "How do I modify what Students can see in their account?"
There are four categories of Admission Probabilities. By default there are three categories listed, “Likely,” “Possible,” and “Reach”. You able to change the terminology of these and choose how many categories you would like to use. For more information on customizing Admission Probability categories, check out the article, "How do I change admission probability labels?")