Innovative Scholarships and Financial Aid: 7 US Colleges Changing the Game
Admin
Harvard University: Pioneering need-blind admissions and financial aid, ensuring access for all qualified students regardless of their financial background.
Stanford University: Leading the way with the "Stanford Undergraduate Financial Aid Initiative," eliminating tuition fees for families with incomes below a certain threshold.
Massachusetts Institute of Technology (MIT): Revolutionizing financial aid through the "MIT No Loans" policy, replacing student loans with grants for eligible students.
Berea College: Innovative "Tuition Promise Scholarship" offering full-tuition coverage for all enrolled students, primarily serving low-income families.
Davidson College: Trailblazing the "Davidson Trust," providing financial aid packages that meet 100% of demonstrated financial need without loans.
Princeton University: Spearheading the "Princeton-specific aid" program, tailoring financial aid packages based on individual circumstances and ensuring affordability.
University of Michigan: Introducing the "Go Blue Guarantee," promising free tuition for in-state students with families earning less than a specific income threshold.