Lafayette College goes no-loan for families making under $150,000 and eliminates CSS for some low income applicants

Colleges and Universities A-Z Lafayette College
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Our son is a freshman this year and loves Lafayette; it’s been a perfect fit for him so far. It’s a bit of a bummer that the no-loan change isn’t retroactive, but it’s a nice change to see for future students.

The cynic in me, however, sees this as a way to boost their application numbers thus reducing their acceptance rate and gaming the college rankings. It seems to have worked for Colgate where they had a huge number of applicants last year after announcing the elimination of loans as a part of the aid package.

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To be fair, Colgate first enacted their no loan initiative for the incoming class of 2024 and announced it in the spring of 2019. TBH, it influenced D20 to apply ED. I think their big jump in the last cycle was helped by going TO.

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We could use more of this type of cynicism! Eliminating loans is a great thing, and if the fact that it helped apps at Colgate so much gets other schools to eliminate loans, perfect!

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