unless things have changed since I was last in DII, a big part of the path to the best recruits is waiting for kids who dont start within your range to be ready to consider you - see the many threads on dropdowns and pulldowns
that does not mean that every DII and DIII coach should hold fire until that happens - especially for a relative novice like you, that would be very risky
I used to like to get some kids to consider me, depending on my number of slots maybe even sign SOME of them, then watch and wait for dropdowns and pulldowns to be the potential studs of the class
if one has the top prestige in a division - say coming off a series of great seasons - one COULD try to fill a class entirely with dropdowns/pulldowns - but there is a gamble there
let me give an example - say I had 5 slots open - and I truly needed a big to be able to compete (say I had 3 returning guards, 2 SF and 2 bigs) - I might get 3 or 4 good players to consider my team early and depending on what I expected to see in the way of dropdowns and pulldowns (based on replies I had received during the early cycles and based on my evaluation of their talent levels), I might sign one big ....say a kid with strong potential.....just to be sure that if I totally screwed up on the higher level of kids I could still put a rotation on the floor.....
so, its not a question of saving money as much as overall tactics - money, slots, recruit dropdown projection and the like - which are keys to DIII and DII success....or were
by the way - footnote on that notion of projecting dropdowns/pulldowns - with a dumbed down small number of cycles, that would not be feasible - it would become a guess and not as much an exercise in informed prediction - which is part of the fun - for me.....then again, some folks like to play rock, paper, scissors