<p>This is amazing news! Just wanted to share the story with anyone who hasn’t seen it. I searched and didn’t find anything, but I hope this isn’t a repost.</p>
<p>"The university, in Providence, R.I., said on Saturday that it also planned to substitute grants for student loans in the financial aid packages of students whose families earned less than $100,000 a year. The new program cuts reliance on loans for all students regardless of family income, the university said in a statement posted on its Web site."</p>
<p>Did they substitute grants for loans or loans for grants?</p>