High Need, Good Stats, NO Loans

Paying for College
1

<p>Inspired by this EXCELLENT must-read thread: <a href="http://talk.collegeconfidential.com/parents-forum/492777-swallows-capistrano-financial-aid-myths-realities.html%5B/url%5D"&gt;http://talk.collegeconfidential.com/parents-forum/492777-swallows-capistrano-financial-aid-myths-realities.html&lt;/a&gt;&lt;/p>

<p>I decided to create one in order to pull together those colleges that offer High Need kids with good stats financial aid that includes no loans. Other than HYP, I can only name 3 offhand. Please add to this thread...</p>

<p>Vassar
Davidson
Bowdoin</p>

2

<p>Amherst, Williams, Pomona, Dartmouth, Brown</p>

3

<p>Great, so far we have</p>

<p>HYPS
Vassar
Davidson
Bowdoin
Amherst
Williams
Pomona
Dartmouth
Brown</p>

4

<p>HYPS
Vassar
Davidson
Bowdoin
Amherst
Williams
Pomona
Dartmouth
Brown
Swarthmore
Claremont McKenna</p>

<p>Yeah small liberal arts colleges!</p>

5

<p>HYPS
Vassar
Davidson
Bowdoin
Amherst
Williams
Pomona
Dartmouth
Brown
Swarthmore
Claremont McKenna
Washington and Lee - just this year took loans out of the mix</p>

6

<p>HYPS
Vassar
Davidson
Bowdoin
Amherst
Williams
Pomona
Dartmouth
Brown
Swarthmore
Claremont McKenna
Washington and Lee - just this year took loans out of the mix
Haverford
Colby</p>

7

<p>Add Columbia to the list:</p>

<p>“While in recent years, the typical student loan debt for Columbia undergraduates was approximately $16,000, Columbia recently announced extensive enhancements to its undergraduate financial aid program, which will eliminate loans for all students receiving financial aid and replace them with University grants, beginning in the 2008-2009 academic year. This will allow all Columbia students to graduate debt-free.”</p>

<p>Amherst
Bowdoin
Brown
Claremont McKenna
Colby
Columbia
Dartmouth
Davidson
Harvard
Haverford
Pomona
Princeton
Stanford
Swarthmore
Vassar
Washington and Lee - just this year took loans out of the mix
Williams</p>

8

<p>12/7/07 - “Duke is eliminating parent contributions for families who earn less than $60,000 a year. Undergraduates from families with total incomes below $40,000 will have no loan packaged into their financial aid. The loan component of aid will be reduced for families with incomes from $40,000 up to $100,000 on a graduated basis. Going forward, Duke plans to also freeze the loan component for all four years of attendance at the current freshman level, eliminating the practice of annual increases.”</p>

<p>Amherst
Bowdoin
Brown
Claremont McKenna
Colby
Columbia
Dartmouth
Davidson
Duke
Harvard
Haverford
Pomona
Princeton
Stanford
Swarthmore
Vassar
Washington and Lee - just this year took loans out of the mix
Williams</p>

9

<p>Reed, and the UC’s – UC Santa Cruz, etc.</p>

<p>Is this <em>all</em> high need, or schools that have need-based scholarships for some high need/high stats students?</p>

10

<p>Here’s a list I’ve been trying to keep updated with all the recent changes:</p>

<p>Amherst College</p>

<p><a href=“https://cms.amherst.edu/news/news_releases/2007/07_2007[/url]”>https://cms.amherst.edu/news/news_releases/2007/07_2007&lt;/a&gt;&lt;/p&gt;

<p>Bowdoin College</p>

<p>[Bowdoin</a> Eliminates Student Loans While Vowing to Maintain its Com, Campus News (Bowdoin)](<a href=“News | Bowdoin College”>News | Bowdoin College)</p>

<p>Brown University (income less than $100k/year)</p>

<p>[07-105</a> (Financial Aid Changes)](<a href=“Brown University Archived News”>Brown University Archived News)</p>

<p>California Institute of Technology (income less than $60k/year)</p>

<p>[Caltech</a> Press Release, 12/11/2007, Jean-Lou Chameau](<a href=“http://mr.caltech.edu/media/Press_Releases/PR13082.html]Caltech”>http://mr.caltech.edu/media/Press_Releases/PR13082.html)</p>

<p>Claremont McKenna College</p>

<p>[News</a> Release, News and Events, Claremont McKenna College](<a href=“http://www.cmc.edu/news/pressreleases/article.asp?article_id=965]News”>http://www.cmc.edu/news/pressreleases/article.asp?article_id=965)</p>

<p>Colby College</p>

<p><a href=“http://www.colby.edu/news_events/press_release/grantinitiative.cfm[/url]”>http://www.colby.edu/news_events/press_release/grantinitiative.cfm&lt;/a&gt;&lt;/p&gt;

<p>Columbia University</p>

<p>[Columbia</a> News ::: Columbia Expands Financial Aid](<a href=“http://www.columbia.edu/cu/news/08/03/FinancialAid.html]Columbia”>http://www.columbia.edu/cu/news/08/03/FinancialAid.html)</p>

<p>Connecticut College (income less than $50k, EFC less than $5000)</p>

<p>[Connecticut</a> College : News : Connecticut College adopts new aid policy to reduce student loan burden](<a href=“http://aspen.conncoll.edu/camelweb/news/3835.cfm]Connecticut”>http://aspen.conncoll.edu/camelweb/news/3835.cfm)</p>

<p>Cornell University (income less than $75k/year)</p>

<p>[Cornell</a> Chronicle: Sweeping new financial aid initiative](<a href=“http://www.news.cornell.edu/stories/Jan08/finAid.html]Cornell”>Cornell drops need-based loans for students from families earning under $75,000 | Cornell Chronicle)</p>

<p>Dartmouth College </p>

<p>[Dartmouth</a> News - Dartmouth announces new financial aid initiative - 01/22/08](<a href=“http://www.dartmouth.edu/~news/releases/2008/01/22.html]Dartmouth”>http://www.dartmouth.edu/~news/releases/2008/01/22.html)</p>

<p>Davidson College</p>

<p><a href=“http://www3.davidson.edu/cms/x22786.xml[/url]”>http://www3.davidson.edu/cms/x22786.xml&lt;/a&gt;&lt;/p&gt;

<p>Duke University (income less than $40k/year)</p>

<p>[New</a> Financial Aid Support](<a href=“Homepage | Karsh Office of Undergraduate Financial Support”>Homepage | Karsh Office of Undergraduate Financial Support)</p>

<p>Emory University (income less than $50k/year)</p>

<p>[Emory</a> Advantage](<a href=“http://www.emory.edu/FINANCIAL_AID/emory_advantage/]Emory”>http://www.emory.edu/FINANCIAL_AID/emory_advantage/)</p>

<p>Harvard University</p>

<p>[Harvard</a> announces sweeping middle-income initiative — The Harvard University Gazette](<a href=“http://www.hno.harvard.edu/gazette/2007/12.13/99-finaid.html]Harvard”>http://www.hno.harvard.edu/gazette/2007/12.13/99-finaid.html)</p>

<p>Haverford College</p>

<p>[Haverford</a> College News Room](<a href=“http://www.haverford.edu/news/stories/3821/51]Haverford”>Haverford College To Replace Loans With Grants For Incoming First-Year Students, Reduce Loan Burden For Continuing Students | Haverford College)</p>

<p>Massachusettes Institute of Technology (income less than $75k/year)</p>

<p>[MIT</a> to be tuition-free for families earning less than $75,000 a year - MIT News Office](<a href=“http://web.mit.edu/newsoffice/2008/tuition-0307.html]MIT”>MIT to be tuition-free for families earning less than $75,000 a year | MIT News | Massachusetts Institute of Technology)</p>

<p>Northwestern University (Pell Grant eligible)</p>

<p>[Northwestern</a> to Replace Student Loans with Grants for Neediest Students](<a href=“http://www.northwestern.edu/newscenter/stories/2008/01/noloanpolicy.html]Northwestern”>http://www.northwestern.edu/newscenter/stories/2008/01/noloanpolicy.html)</p>

<p>Oberlin College (Pell Grant eligible)</p>

<p>[Oberlin</a> College Media Information](<a href=“http://www.oberlin.edu/newserv/08apr/access.html]Oberlin”>http://www.oberlin.edu/newserv/08apr/access.html)</p>

<p>Pomona College</p>

<p>[Pomona</a> College : News@Pomona](<a href=“http://www.pomona.edu/events/news/NewsItems/121207finaid.asp]Pomona”>http://www.pomona.edu/events/news/NewsItems/121207finaid.asp)</p>

<p>Princeton University</p>

<p>[Princeton</a> - Weekly Bulletin 02/05/01 - Grants to replace loans](<a href=“http://www.princeton.edu/pr/pwb/01/0205/1b.shtml]Princeton”>Princeton - Weekly Bulletin 02/05/01 - Grants to replace loans)</p>

<p>Rice University(income less than $60k/year)</p>

<p>[Untitled</a> Page](<a href=“http://financialaid.rice.edu/]Untitled”>http://financialaid.rice.edu/)</p>

<p>Stanford University (no tuition for income up to 100k)</p>

<p>[Stanford</a> enhances undergraduate financial aid program](<a href=“http://news-service.stanford.edu/news/2008/february20/finaid-022008.html]Stanford”>http://news-service.stanford.edu/news/2008/february20/finaid-022008.html)</p>

<p>Swarthmore College</p>

<p>[Swarthmore</a> College | News | Swarthmore Eliminates Loans in Financial Aid Awards](<a href=“http://www.swarthmore.edu/x16499.xml]Swarthmore”>http://www.swarthmore.edu/x16499.xml)</p>

<p>Tufts University (income less than $40k/year)</p>

<p>[Tufts</a> E-News: Tufts University Eliminates Loans for Lower Income Students](<a href=“http://enews.tufts.edu/stories/116/2007/12/19/TuftsUniversityEliminatesLoansforLowerIncomeStudents]Tufts”>http://enews.tufts.edu/stories/116/2007/12/19/TuftsUniversityEliminatesLoansforLowerIncomeStudents)</p>

<p>University of Chicago (income less than $60k/year)</p>

<p>[Student</a> aid initiatives increase at the University of Chicago as College tuition rises | The University of Chicago](<a href=“http://news.uchicago.edu/news.php?asset_id=1328]Student”>http://news.uchicago.edu/news.php?asset_id=1328)</p>

<p>University of Pennsylvania</p>

<p>[Penn:</a> Office of University Communications: Penn Expands Financial Aid Program to Eliminate Loans](<a href=“http://www.upenn.edu/pennnews/article.php?id=1287]Penn:”>http://www.upenn.edu/pennnews/article.php?id=1287)</p>

<p>University of Virginia (family income is equivalent to 200 percent of the federal poverty line or less)</p>

<p>[AccessUVa[/url</a>]</p>

<p>Vassar College (income less than $60k/year)</p>

<p>[url=<a href=“http://www.vassar.edu/headlines/2008/080310-tuition.html]Vassar”>http://www.vassar.edu/headlines/2008/080310-tuition.html]Vassar</a> College further strengthens commitment to access and affordability - Vassar College](<a href=“http://www.virginia.edu/accessuva/learn.html]AccessUVa[/url”>http://www.virginia.edu/accessuva/learn.html)</p>

<p>Washington and Lee University</p>

<p>[Need</a> Based Aid :: Washington and Lee University](<a href=“http://www.wlu.edu/x3664.xml]Need”>East Asian Studies Program)</p>

<p>Washington University in St. Louis (income less than $60k/year)</p>

<p>[Record:</a> WUSTL to expand financial aid for low-income families](<a href=“The Record - The Source - Washington University in St. Louis”>The Record - The Source - Washington University in St. Louis)</p>

<p>Wellesley College (income less than $60k/year)</p>

<p>[Wellesley</a> College Increases Financial Aid](<a href=“http://www.wellesley.edu/PublicAffairs/Releases/2008/020708.html]Wellesley”>http://www.wellesley.edu/PublicAffairs/Releases/2008/020708.html)</p>

<p>Wesleyan University (income less than $40k/year)</p>

<p>[The</a> Wesleyan Connection: Campus News](<a href=“The Wesleyan Connection | University News”>The Wesleyan Connection | University News)</p>

<p>Williams College</p>

<p>[Williams</a> College :: Office of the President - Letters from the President](<a href=“http://www.williams.edu/admin/president/letters/071101_no_loans.php]Williams”>http://www.williams.edu/admin/president/letters/071101_no_loans.php)</p>

<p>Yale University</p>

<p>[Yale</a> Cuts Costs for Families and Students | Financial Aid | Freshmen | Office of Undergraduate Admissions](<a href=“Home | Yale College Undergraduate Admissions”>Affordability: The Basics | Yale College Undergraduate Admissions)</p>

11

<p>Here’s another for the list, effective 2008-09 academic year:</p>

<p>Lehigh University</p>

<p>(Loan elimination: income less than $50/yr)
(Loan reduction: income between $50-$75/yr)</p>

<p>[Lehigh</a> University - UR News Story: 2654](<a href=“Lehigh University News | Lehigh University News”>Lehigh University News | Lehigh University News)</p>

12

<p>@TrinSF</p>

<p>Definitely covering <em>all</em> high need, essentially creating a list of financial safety schools that may be a match to a reach for kids with good stats, but include no loans as part of their package. My junior son will, and I hope many other high need students will use this list to narrow down where they will apply in the Fall, in order to avoid a situation where the child is accepted but offered loans to meet full need.</p>

13

<p>No need to reinvent the wheel - <a href=“http://projectonstudentdebt.org/pc_institution.php[/url]”>http://projectonstudentdebt.org/pc_institution.php&lt;/a&gt;&lt;/p&gt;

14

<p>The link in the above thread did not work for me.
Instead, this worked: go to: [Project</a> on Student Debt: Home](<a href=“http://projectonstudentdebt.org/]Project”>http://projectonstudentdebt.org/)
then click on “Initiatives”
and then “financial aid pledges”
This site has GREAT information.
Thank you csleslie51!</p>

15

<p>the list on project student debt is pretty much all inclusive
but these schools are either for instate students or very
difficult to get into.</p>

<p>How about HIGH NEED, PRETTY GOOD STUDENT, REDUCED
LOANS. That would be very helpful</p>

16

<p>OMG - what an awesome link - thank you!</p>

17

<p>And, speedo, for daughter I could use a list for art schools called High Need, tries really hard student, Awesome artist, no/reduced loans…</p>

18

<p>This site might take forever to load but has a list of schools you might filter through. All will provide need based aid and some merit for the “pretty good student.” <a href=“http://colleges.usnews.rankingsandreviews.com/usnews/edu/college/rankings/aplusrankindex_brief.php[/url]”>http://colleges.usnews.rankingsandreviews.com/usnews/edu/college/rankings/aplusrankindex_brief.php&lt;/a&gt;&lt;/p&gt;

19

<p>csleslie51, I’ve seen that site almost all the schools
are high loan or gappers. Unfortunately with the Stafford ceiling
about to be raised to $31,000, they’re only going
to get higher.</p>