(information from Wikipedia: http://en.wikipedia.org/wiki/Financial_aid#Need-based)
No loan financial aid
In 2001, Princeton University became the first university in the United States to eliminate all loans from its financial aid packages. Since then, many other schools have followed in eliminating some or all loans from their financial aid programs. Many of these programs are aimed at students whose parents earn less than a certain income — the figures vary by college or university. These new initiatives were designed to attract more students and applicants from lower socioeconomic backgrounds, reduce student debt loads, and provide the offering institutions with an advantage over their rivals in attracting commitments from accepted students. As of March 25, 2008, the list of colleges and universities offering such no-loan financial aid packages includes the following:
School | No-loan financial aid for families meeting these eligibility requirements: |
---|---|
Amherst College | No max of income |
Arizona State University | Arizona residents with family income of up to $25,000 |
Bowdoin College | No max of income |
Bridgewater State College | Offers unsubsidized or subsidized loans to any student who files the FAFSA. |
Brown University | Family income below $100,000 |
Caltech | Annual income below $60,000 |
Claremont McKenna College | No max of income |
Colby College | No max of income; all students |
Columbia University | All students eligible for financial aid regardless of family income |
Cornell University | Annual income below $75,000 |
Dartmouth College | Annual income below $75,000 |
Davidson College | No max of income |
Duke University | Annual income below $40,000 |
Emory University | Annual income below $50,000 |
Haverford College | First-year students with financial need. |
Harvard University | Annual income below $60,000 |
Lafayette University | Annual income below $50,000 |
Lehigh University | Annual income below $50,000 |
MIT | Annual income below $75,000 |
University of Maryland, College Park | Maryland resident with 0 EFC. |
Michigan State University | Michigan resident with family incomes at or below the federal poverty line. |
Northwestern University | Family income lower than approx. $55,000. |
North Carolina State University | Income less than 150% of the poverty line. Requires the family to have "limited assets," regardless of state residency. |
University of Chicago | Students who demonstrate financial need and whose annual family income totals $75,000 or less. |
UNC Chapel Hill | 200% of federal poverty line ($24,000 to $37,000) |
University of Pennsylvania | Annual income below $100,000 |
Pomona College | No max of income |
Princeton University | No max of income |
Rice University | Annual income below $80,000 |
Stanford University | Annual income below $45,000 |
Swarthmore College | Anyone with financial need |
Tufts University | Annual income below $40,000 |
Vanderbilt University | No cap. |
Vassar College | Annual income below $60,000. |
University of Virginia | 200% of federal poverty line ($24,000 to $37,000) |
Washington and Lee University | No max of income |
Washington University in St. Louis | Annual Income below $60,000 |
Wellesley College | $60,000 |
Wesleyan University | $40,000 |
College of William and Mary | $40,000 (VA residents only) |
Williams College | No max of income |
Yale University | No max of income |
No comments:
Post a Comment