<p>^^ before, I would have made the same argument, but unfortunately, it's rather true. Not sure about the 80% part, but the rest is true.</p>
<p>Stanford has the following policy:
1) If your family makes below $45,000, everything is paid--tuition, room/board, books, travel, medical, etc.
2) If your family makes below $60,000, tuition and room/board are paid for.
3) If your family makes up to $100,000, tuition is paid for.
4) If your family makes up to $150,000, tuition is significantly reduced.
5) Loans are replaced with grants. No student must take out loans; a student may choose to take out loans in place of work-study, which is comparatively light.
6) Outside awards can be used to replace work-study.</p>
<p>According to Birgeneau, Berkeley stops giving aid to students (even Californians) at around $90,000.</p>
<p>
[quote]
Middle-class people are the most disadvantaged by this system. If you are admitted to Berkeley and your family income is above $90,000, we currently provide zero, or close to zero, financial aid. You must cover the total cost of $25,000 on your own.
[/quote]
</p>
<p>01.30.2008</a> - Chancellor Birgeneau on keeping public universities affordable: 'We have to start now'</p>
<p>Stanford gives free tuition for those at $100,000, making Stanford cost about $15,000--$11,000 less than Berkeley.</p>
<p>
[quote]
Stanford's package only benefits those who are accepted.
[/quote]
</p>
<p>Er, as if it's any different at Berkeley and other schools...?</p>
<p>
[quote]
Even with need-blind admissions, Stanford's student body is disproportionately wealthy.
[/quote]
</p>
<p>I'd disagree with that. Even before this very generous policy was instituted (this year), 76% of Stanford's undergrads were on financial aid. With these more generous reforms, I'd say that number will increase, even though the wealth of the student body isn't. Either way, that number is about the same for Berkeley. However, I would say that those who are not on aid at Stanford are going to be, on the average, more wealthy than those who aren't on aid at Berkeley. All in all, Stanford's student body is not "disproportionately wealthy." Stanford doesn't have the same proportion of Pell Grantees as Berkeley--that's inevitable with even more competitive admissions--but Stanford is making much more of an effort to recruit low-income students. Not only are these students' context taken into account (as at Berkeley) and thus they're given a boost, but Stanford is progressive in its efforts by being a partner college for QuestBridge, which recruits low-income students.</p>
<p>I myself am a low-income student, and Berkeley gave me over $5,000/year in loans and more work-study than Stanford (which gave me no loans) did. So even then, Stanford's a better deal.</p>
<p>For upper-income families, Berkeley will be cheaper, of course, but at the same time, these families can typically pay for Stanford without much of a problem.</p>