How well do these schools give financial aid?

[sybbie719]

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Actually, all Ivies require no tuition from income < 60000

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<p>Definitely not true. While most have eliminated or reduced loans for low income families, Cornell does still require tuition</p>

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The following year, 2009-10, the program will take full effect by eliminating need-based loans for students from families with incomes up to $75,000, and capping annual loans at $3,000 for students from families with income between $75,000 and $120,000.</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)

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<p>While many schools have eliminated or reduced the EFC as far as income, assets are still considered (along with stepparents, non-custodial parents whose income information are required via the CSS profile/non-custodial profile). So one really has to know that their total financial situation is not just assume that because your family makes under a certain amount of income that you will automatically not have to pay anything.</p>