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Yale Reduces Financial Barriers for Low-Income Families

Filed in archive Financial Aid by Mark on March 04, 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 Loanslinks.

You can read Yale's announcement here.


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