Yale Reduces Financial Barriers for Low-Income Families
Posted on March 4th, 2005
Joining rivals Harvard and Princeton, Yale has announced its commitment to eradicate financial barriers for undergraduates from low-income families. Starting next fall, the university will not require financial contributions from families earning less than $45,000 per year. What's more, Yale says it will significantly reduce expected contributions from families in the $45,000-$60,000 income bracket.
Last year, Harvard revealed its policy of not requiring financial commitments from families earning less than $40,000 per year. Before that, Princeton promised to support all undergraduates through grant aid, thus eliminating the future burden of Student Loans
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You can read Yale's announcement here.
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