Stanford Eliminates Tuition for Low Income Families

<p>I don't know if this was posted here before but I found this interesting.
<a href="http://news.yahoo.com/s/ap/20060316/ap_on_re_us/stanford_no_tuition%5B/url%5D"&gt;http://news.yahoo.com/s/ap/20060316/ap_on_re_us/stanford_no_tuition&lt;/a&gt;&lt;/p>

<p>I hate being middle-class!!!!!!!!!!!!!!!!!!!! With a $65,000 annual income, none of that stuff applies to me. ****!!!!</p>

<p>i dunno why the hell they can't extend this policy to international students as well and be truly need-blind...i feel so bad :(</p>

<p>Is that gross income or after taxes?</p>

<p>dexter87, it might have something to do with federal funding.</p>

<p>
[quote]
According to the latest survey from the College Board, a nonprofit association based in Washington, D.C.,

[/quote]

is this really true? Nonprofit??? Seriously, with all the money I paid to collegeboard, I can probably buy a house.</p>

<p>Sweet, I make way less than 45K.</p>

<p>Does that mean that I'm only responsible for the 13K or so for room/board/books/etc? Can my Cal Grant cover that, or will the Cal Grant/Pell Grants/University Grants go into the Tuition to make it FREE?</p>

<p>i saw this news on cnn too, but i couldnt find it on the stanford site (was trying to confirm it). can someone help me?</p>

<p>^^ it's the second main article link on the front page under NEWS @ stanford.edu</p>

<p>direct link: <a href="http://news-service.stanford.edu/news/2006/march15/tuition-031506.html%5B/url%5D"&gt;http://news-service.stanford.edu/news/2006/march15/tuition-031506.html&lt;/a&gt;&lt;/p>

<p>Yeah, the middle-class is screwed because we are forced to take out loans when the working-class get financial aid assistance in grants and w/s while the upper-class can afford the entire costs without loans.</p>

<p>You're not screwed. If you're family makes over 65,000+ dollars a year you're living a fairly comfortable lifestyle (very comfortable, depending on what part of the country you live in) and if you want an a stanford education you'll have to pay for it. If you don't want to pay, I'm sure there are other schools that are less expensive. Doesn't anyone just see this as a good thing for people that TRULY can't pay for it, rather than looking for an excuse to feel sorry for yourselves?</p>

<p>I understand your point of view, but when you're living in Manhattan making 65,000 a year, you get ****ED off because you are so close to reduced tuition but you still are relatively poor in such an expensive area.</p>

<p>UltimateFrisbee, I completely feel you. We're not in the same situation, but I know what you're talking about. Whatever happens with your college plans, good luck.</p>

<p>The first step is to get accepted, this is a major hurdle for many students of low income families. Too often they get the least support for getting into great colleges...inadequate highschool counselors, underprepared parents, and a host of other hurdles...I applaud Stanford and other schools for this step. </p>

<p>For others, I would hope that the elite colleges will begin to reach out to the middle class families as well.</p>

<p>The financial aid package that arrived from Stanford was $10,000 less than Harvard's for me... they sure needed to get their act together. I hope it makes a difference.</p>

<p>Does anyone know if this only applies to income? What if you own a nice house and have money in savings, but only have $44,000 per year in income?</p>

<p>I world like to see the statistics that how many people could be actually admitted by Stanford with their families annual incomes of less than $45,000? One, ten, or more?</p>

<p>It's not that uncommon. My family makes less than 40 and I don't consider myself a prodigy applying to elite schools.</p>

<p>And we poor internationals are still sidelined. Oh well....... GIVE US MONEY TOO!!! Come on, spend another 3 million. ;)</p>

<p>I would just like to point out that it says before this policy it says families making 45000 were paying about 2650 per year, or 6% of their income, but a family making 100000 would probably receive no aid and have to pay 47000, or nearly 47% of their income.</p>