<p>No one has ever had an expected loan contribution of $5,000. Your loan expectation as a low-income student is never more than $3500, which is why Odyssey scholarships are worth $3500. To reiterate the point, it is written on the Scholarship page: “There are two levels of Odyssey Scholarships; one which replaces the student’s need to borrow and one which reduces their loan obligation by half.” This policy has not changed.</p>
<p>So Odyssey scholarships are increasing substantially, and will give an extra $1750 worth of financial aid to students whose families make between $60k-90k. Financial aid is finally expanding into the upper middle class, an extremely positive development for the College.</p>