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Ivy League colleges offer free tuition to certain students — here's how financial aid packages stack up http://ift.tt/2nzqHge Bi Graphics/Getty College acceptance letters to Ivy League schools will be sent to many high-school seniors Thursday at 5 p.m., and students will have to select schools based on a number of different factors, including fit, program quality, and financial aid packages. While comfort level and college prestige are quite subjective, financial aid packages are an objective measure that students can assess if they are having a difficult time picking their top choice. Financial aid decisions are, of course, determined exclusively by each respective financial aid office, and students should note that free tuition and no family contribution toward the cost of education are two separate things. While free tuition cutoffs are highlighted on school websites, that typically means families still must pay room and board costs. Below are the financial aid offerings that the eight Ivy-League schools and Stanford provide to students on their financial aid websites. Brown UniversityFlickr/Liz WestFamilies with total parental earnings lower than $60,000 and assets less than $100,000 are not required to make a parental contribution toward the cost of education at Brown. Columbia UniversityMario Tama / Getty ImagesFor students coming from families with calculated total incomes of less than $60,000 annually and typical assets, parents are not expected to contribute to the cost of attendance. For students coming from families with calculated total incomes between $60,000 and $100,000 annually, Columbia offers a reduced parent contribution. Cornell UniversityFlickr/stephen_d_lukeFamilies with total parent earnings less than $60,000 and assets of less than $100,000 are not required to make a parental contribution toward the cost of education for students attending Cornell. See the rest of the story at Business Insider See Also:
Business via Business Insider http://ift.tt/eKERsB March 30, 2017 at 02:27AM
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