<p>Quoting Mini, on Momofthree's Brown Financial Aid thread: </p>
<p>"Simmons is the one Ivy President who has gotten it right when it comes to figuring out what low-income students really need in order to attend. The others have basically just talked a good game (though, to be fair, Princeton's aid per student attending has gone up 15% in the last two years, though it doesn't seem to have impacted who they are admitting, unlike Brown's policies.) Not surprising, being the daughter of sharecroppers hereself.</p>
<p>In my book, or at least in my "quick reply", Prez Simmons is a hero! "</p>
<p>Despite being corrected several times by myself and other posters, Mini, you have persisted in re-posting incorrect information.</p>
<p>One more time (one can only hope):</p>
<p>AT BROWN:</p>
<p>1) Eliminating work study for the first year benefits ALL students at Brown. "The First-Year Work Policy was designed to allow greater student participation in the numerous extracurricular activities at Brown." (From Brown's web site.)</p>
<p>But at Brown, AS ELSEWHERE, outside merit scholarships can be used to defray or eliminate loan and work expectations.</p>
<p>Work study at Brown is typically $2250 per year.</p>
<p>2) There is new financial aid at Brown aimed at lowest-income students.</p>
<p>This is the result of a gift from Sidney Frank, a NY businessman, Brown '42. Its aim is "to encourage the matriculation of the neediest students" by "eliminating the necessity for those students and their families to borrow funds to finance a Brown education" (from a letter of President Ruth J. Simmons to the Brown community) and</p>
<p>"The Fund will provide more than $35000 in scholarship support for most of these students.
While these students will still require a family contribution and work study expectation,
they will have no loans and the remainder of the cost of their tuition, room and board and fees will be met by a combination of eligible federal grants and the Frank Scholarship."</p>
<p>This begins with next year's class, for about 32 students. It is expected to help about 128 students in four years.</p>
<p>Brown spokesman Mark Nickel said, "The prospect of going into debt puts a damper on people's aspirations. (The gift) makes a Brown education available and accessible to a much larger group of students."</p>
<p>AT PRINCETON:</p>
<p>The policy of meeting 100% of need with no loans benefits ALL students with need, even some in the $200,000 range (usually when there is more than one sibling in college). The value of the primary residence is not considered.</p>
<p>THE NUMBER of LOW INCOME STUDENTS AT PRINCETON HAS INCREASED 83% since the no-loan policy, from 88 to 161 (or 644 if projected over four years as for Brown above).</p>
<p>Average GRANTS for those with need: Family income under 60,000: $31,700
60-79,999: $28,200
80-99,999: $23,000
100-119,999: $19,500
120-139,000: $14,000
140-159,999: $11,800
160-179,999: $12,800
180-199,999: $7800
over 200: $11,000
There are provisions for alleviating summer work contributions if need be (an application is online under financial aid).</p>
<p>I applaud ALL the financial improvements of ALL colleges who have improved their policies in recent years.</p>