Master List of No-Loan No-income/income limit Colleges

Parents Forum
1

<p>I know I read this info somewhere on CC, but I can’t find it. Can we start a master list of no-loan no-income limit schools and the links to the policies, and also for loan limit schools?
Here’s a link to one report on the no-loan deal, but it is already out-of-date.
<a href=“http://projectonstudentdebt.org/files/pub/Pledges_Analysis.pdf[/url]”>http://projectonstudentdebt.org/files/pub/Pledges_Analysis.pdf&lt;/a&gt;&lt;br&gt;
Please add the schools alphabetically in the correct place.</p>

<p>NO LOAN WITH NO INCOME-LIMITS
Amherst [Amherst</a> Bulletin | Amherst College declares freedom from student loans](<a href=“http://www.amherstbulletin.com/story/id/51372/]Amherst”>http://www.amherstbulletin.com/story/id/51372/)
Bowdoin [Bowdoin</a> Eliminates Student Loans While Vowing to Maintain its Com, Campus News (Bowdoin)](<a href=“News | Bowdoin College”>News | Bowdoin College)
Colby [Colby</a> College | News & Events | No More Loans to Repay; Colby Replaces Loans With Grants, Allowing Students to Graduate Without Debt](<a href=“http://www.colby.edu/news_events/press_release/grantinitiative.cfm]Colby”>http://www.colby.edu/news_events/press_release/grantinitiative.cfm)
Davidson <a href=“http://www3.davidson.edu/cms/x29840.xml[/url]”>http://www3.davidson.edu/cms/x29840.xml&lt;/a&gt;
Harvard [Harvard</a> announces sweeping middle-income initiative — The Harvard University Gazette](<a href=“http://www.hno.harvard.edu/gazette/2007/12.13/99-finaid.html]Harvard”>http://www.hno.harvard.edu/gazette/2007/12.13/99-finaid.html)
Haverford [Haverford</a> College News Room](<a href=“http://www.haverford.edu/news/stories/3821/51]Haverford”>http://www.haverford.edu/news/stories/3821/51)
Pomona [Pomona</a> College : News@Pomona](<a href=“http://www.pomona.edu/events/news/NewsItems/121207finaid.asp]Pomona”>http://www.pomona.edu/events/news/NewsItems/121207finaid.asp)
Princeton [Princeton</a> University | What’s Great About Princeton’s Financial Aid](<a href=“http://www.princeton.edu/admission/financialaid/whats_great/]Princeton”>http://www.princeton.edu/admission/financialaid/whats_great/)
Swarthmore (<a href=“http://www.swarthmore.edu/x16525.xml[/url]”>http://www.swarthmore.edu/x16525.xml&lt;/a&gt;)
Williams [Williams</a> College | Admission | Financial Aid at Williams](<a href=“http://www.williams.edu/admission/finaid.php]Williams”>http://www.williams.edu/admission/finaid.php)
Yale [Yale</a> Cuts Costs for Families and Students | Financial Aid | Freshmen | Office of Undergraduate Admissions](<a href=“http://www.yale.edu/admit/freshmen/financial_aid/index.html]Yale”>http://www.yale.edu/admit/freshmen/financial_aid/index.html)</p>

<p>NO LOAN WITH INCOME LIMITS
Duke (complicated-see policy) [New</a> Financial Aid Support](<a href=“http://dukefinancialaid.duke.edu/newsupport/highlights.html]New”>http://dukefinancialaid.duke.edu/newsupport/highlights.html)
Rice (no loans if income under 60,000; caps loans for all at $14,525) [Rice</a> University | News & Media](<a href=“http://www.media.rice.edu/media/NewsBot.asp?MODE=VIEW&ID=10390&SnID=1864081913]Rice”>http://www.media.rice.edu/media/NewsBot.asp?MODE=VIEW&ID=10390&SnID=1864081913)</p>

2

<p>University of Chicago [The</a> University of Chicago: Odyssey Scholarships](<a href=“http://odyssey.uchicago.edu/]The”>http://odyssey.uchicago.edu/)</p>

<p>“Odyssey Scholarships will benefit more than 1,200 students in the College from low- and moderate-income families by replacing their student loans with outright grants.” The exact policy isn’t very clear, probably because the plan doesn’t go into effect until next fall.</p>

3

<p>NO LOAN WITH NO INCOME-LIMITS
Amherst Amherst Bulletin | Amherst College declares freedom from student loans
Bowdoin Bowdoin Eliminates Student Loans While Vowing to Maintain its Com, Campus News (Bowdoin)
Colby Colby College | News & Events | No More Loans to Repay; Colby Replaces Loans With Grants, Allowing Students to Graduate Without Debt
Davidson <a href=“http://www3.davidson.edu/cms/x29840.xml[/url]”>http://www3.davidson.edu/cms/x29840.xml&lt;/a&gt;
Harvard Harvard announces sweeping middle-income initiative — The Harvard University Gazette
Haverford Haverford College News Room
Pomona Pomona College : News@Pomona
Princeton Princeton University | What’s Great About Princeton’s Financial Aid
Swarthmore (<a href=“http://www.swarthmore.edu/x16525.xml[/url]”>http://www.swarthmore.edu/x16525.xml&lt;/a&gt;)
Williams Williams College | Admission | Financial Aid at Williams
Yale Yale Cuts Costs for Families and Students | Financial Aid | Freshmen | Office of Undergraduate Admissions</p>

<p>NO LOAN WITH INCOME LIMITS
Duke (complicated-see policy) New Financial Aid Support
Rice (no loans if income under 60,000; caps loans for all at $14,525) Rice University | News & Media
University of Chicago (no loans under 60,000, 50% reduced up to 75,000) [The</a> University of Chicago: Odyssey Scholarships](<a href=“http://odyssey.uchicago.edu/scholarships/how.html]The”>http://odyssey.uchicago.edu/scholarships/how.html)</p>

4

<p>Connecticut College: somewhat ambiguous: no loans [?] @ income levels under $50,000 and EFC of $5,000 or less. Some reduction in loans at income levels up to $75,000 and EFC under $15,000.</p>

<p>[Connecticut</a> College : Current News](<a href=“http://aspen.conncoll.edu/camelweb/news/3835.cfm]Connecticut”>http://aspen.conncoll.edu/camelweb/news/3835.cfm)</p>

5

<p>Hi, I know this repeats some of the above info, but here’s the list that I’ve been making: </p>

<p>Amherst College
Bowdoin College
California Institute of Technology (income less than $60k/year)
Colby College
Columbia University (income less than $50k/year)
Connecticut College (income less than $50k, EFC less than $5000, loans capped at other income levels)
Dartmouth College (income less than $30k, loans capped at other income levels)
Davidson College
Duke University (income less than $40k/year)
Emory University (income less than $50k/year)
Harvard University (income less than $60k/year)
Haverford College
Pomona College;
Princeton University
Rice University (income less than $60k/year)
Swarthmore College
Tufts University (income less than $40k/year)
University of Chicago (income less than $60k/year)
University of Pennsylvania (income less than $100k/year)
Wesleyan University(income less than $40k/year)
Williams College
Yale University (income less than $60k/year) </p>

<p>UIUC also offers full tuition, room/board, and books for IL residents whose EFC=$0.</p>

<p>UVA and UNC-CH also have low-income inititives, but I’m not sure if those are for in-state residents only.</p>

6

<p>Washington and Lee “Grant assistance in the amount of the applicant’s full institutionally determined need is guaranteed all applicants who have a complete financial aid application on file by March 3, 2008”</p>

<p><a href=“http://www.wlu.edu/x3664.xml[/url]”>About the Program : Washington and Lee University;

7

<p>Harvard and Yale have no loans for all students.</p>

8

<p>As others have posted on another thread, Dartmouth has just announced…</p>

<p>NO LOAN WITH NO INCOME-LIMITS
Amherst
Bowdoin
Colby
Dartmouth [Dartmouth</a> News - Dartmouth announces new financial aid initiative - 01/22/08](<a href=“http://www.dartmouth.edu/~news/releases/2008/01/22.html]Dartmouth”>http://www.dartmouth.edu/~news/releases/2008/01/22.html)
Davidson
Harvard
Haverford
Pomona
Princeton<br>
Swarthmore
Washington and Lee
Williams
Yale</p>