Vassar College has announced that they are eliminating all loans for students from families making less than $60,000 a year and replacing them with grants. This will effect new as well as continuing students effective this fall.
This is particularly encouraging news since Vassar, while having a substantial endowment, has less of an endowment than many of the other colleges that have recently announced new financial aid policies.
Wednesday, March 12, 2008
Vassar eliminates loans for families with less than $60,000
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