Stanford today announced the largest increase in its financial aid program for undergraduates. Parents with incomes of less than $100,000 will no longer pay tuition.
Parents with incomes of less than $60,000 will not be expected to pay tuition or contribute to the costs of room, board and other expenses. Students will still be expected to contribute their earnings from work during the summer and academic year. The program also eliminates the need for student loans.
One reply on “Stanford’s $17 Billion endowment”
nice, when will MIAD follow suit? ;)
Actually this will be good competition for public schools as well. College prices have been getting pretty ridiculous recently.