Do elite colleges discriminate against lower income families?

[Booklady]

<p>On the contrary. The Ivies have some of the best aid packages out there for low-income families. Do they also admit many students who can pay in full? Yes - and those tuition dollars help to support others:</p>

<p>[Harvard</a> College Admissions § Financial Aid](<a href=“http://www.admissions.college.harvard.edu/financial_aid/index.html]Harvard”>http://www.admissions.college.harvard.edu/financial_aid/index.html)

We no longer require students to take out loans, and parents of financial aid recipients are asked to contribute on average from zero to ten percent of their annual income, with no contribution expected for families with incomes of under $60,000. Those parents with annual incomes of between $120,000 and $180,000 are asked to contribute an average ten percent of their income, with a declining percentage — from ten to zero — for parents with annual incomes between $120,000 and $60,000

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<p>[Yale’s</a> Financial Aid Philosophy](<a href=“http://www.yale.edu/admit/freshmen/financial_aid/philosophy.html]Yale’s”>http://www.yale.edu/admit/freshmen/financial_aid/philosophy.html)

Yale College admits students on the basis of academic and personal promise and without regard to their ability to pay. Once a student is admitted, Yale meets 100% of that student’s demonstrated financial need.

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<p>[What’s</a> Great About Princeton’s Financial Aid](<a href=“http://www.princeton.edu/admission/financialaid/whats_great/]What’s”>http://www.princeton.edu/admission/financialaid/whats_great/)

Since 2001, we have eliminated loans from our financial aid awards and replaced them with grant aid that students do not have to repay. Currently, the average financial aid grant covers 100 percent of Princeton’s tuition.

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