<p>I don’t know their definition of low or middle income but I find the following, also from their website, encouraging:</p>
<p>“Washington University has eliminated need-based loans as part of its undergraduate financial aid awards to students from low- and middle-income families. This initiative and its goal of helping families with the most need will not lessen our desire, responsibility, or ability to work with all families to ensure they have the financial resources they need. We remain committed to a flexible and personalized approach to delivering financial aid to those who need it most.”</p>
<p>I guess what is most important is how they define “need.” Anyone know how WUSTL treats home equity?</p>