Stanford Eliminates Tuition for Low Income Families

<p>tuition, room, and board have all been covered by a generous Stanford scholarship. Does that answer your question? </p>

<p>Stanford Finaid is amazing. period.</p>

<p>Tuition was completely covered for me and my family isn’t bad off at all. The main thing was that my sister is also going to uni nex year and so to me they were very very nice. :)</p>

<p>does that apply to internatonal students as well?</p>

<p>I don’t know? anyone???</p>

<p>bump</p>

<p>bump!</p>

<p>If you search the thread, you’ll find your answer:</p>

<p>No.</p>

<p>Wow, random. When I applied, I got $2,000 less from Stanford than Harvard.</p>

<p>What I wonder is why they didn’t just decide to increase financial aid for people below $80,000 or some number, so that the middle class doesn’t still have to take out tons of loans. Instead of making it free for those under $45,000 and no change for those over, why not award those under $45,000 slightly less than 100% - even 90% - so that the middle class can get some more aid. Hmm.</p>

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<p>I know this is a response to an old post, but like I’ve said before on other threads, Harvard already gives “free” tuition to people who can well afford it. For example, I know for a fact that Harvard Business School gives quite nice fellowships to its doctoral students, many of whom are quite independently wealthy. For example, I know one HBS doctoral student who was formerly Practice Head at Bain, and also a former CEO of a top online wealth-management firm. This guy has made a fortune in his lifetime and has decided to join academia as part of his transition to another career because he feels that he has made far more money than he will ever need (which is true). But HBS has paying him a full fellowship anyway. Nor is the only one. The doctoral students at HBS often times are extremely experienced and accomplished businessmen. I know another guy who was an 11-year veteran and former Practice Head at McKinsey before entering the program. He clearly has plenty of money (not to mention that his wife, who was an HBS grad, was having a highly succesful career as an investment banker while he was a doctoral student, and she is now a Senior Managing Director at Blackstone). Yet HBS gave him a full fellowship anyway. </p>

<p>If I investigate further, I am sure I will find Harvard giving fellowships to graduate students who are independently wealth. For example, I am sure that there are some Harvard Economics PhD students who made a fortune in investment banking or hedge funds and have decided to change careers to academia, but are still on full fellowship. </p>

<p>Now, don’t get me wrong. Harvard is clearly not alone. All schools, including Stanford, hand out fellowship money to students who clearly don’t need it. Business school doctoral programs in particular tend to be filled by experienced (and independently wealthy) students, yet the schools give them money anyway.</p>

<p>Does being low-income and first-generation make it any easier to get into Stanford?</p>

<p>I don’t think low income makes much of a difference unless you worked throughout high school to support your family or something like that. But it may be a bit of a bump if you are an otherwise well qualified applicant.</p>

<p>i thought financial status doesnt really matter unless your work interfered with your potential to learn or you make it seem like an extenuating(sp?) circumstance. someone correct me if im wrong though.</p>

<p>So let’s say that there are five members in a family (including yourself), and you and your siblings are dependents (and let’s say that the parents aren’t divorced)…so how much would the parents need to make in order to be a “low-income” family? Is it as low as $30,000 or below? Or more like $20,000 or below? </p>

<p>So what are the standards?</p>

<p>Fuzzylogic –> location is India, California???</p>

<p>:p</p>

<p>yeah, pyleela- my dad works in california and i visit during breaks. he travels back and forth frequently too. i live sort of an odd life.</p>

<p>It sucks for me because every year my parents earn under the limit for low income and this year they are about $2000 over the limit. And I am paying for college by myself.</p>

<p>I have just been admitted to Stanford; however, I have not filled out the CSS Profile that we were apparently suppose to fill out by November 1st for early action. I was forced to leave my home for safety purposes and am now financially independent. I currently make around $5000 a year working at an optometrist’s office, so I really need financial aid. Do you think there is any way that Stanford would overlook submitting the CSS Profile late and still grant me financial aid?</p>

<p>Don’t worry I sent my Fafsa and my CSS profile very very late (in April I believe) and still got a lot of financial aid! I don’t think sending it late hurt the amount I recieved either.</p>

<p>Hey this is a really old thread, but does anyone know whether this policy would apply to me, as I am a broke 24 y.o. independent veteran? That damn CSS profile requires parental info… So I’m not sure about the policy’s applicability to me specifically. Anyone?</p>

<p>"Wow, random. When I applied, I got $2,000 less from Stanford than Harvard.</p>

<p>What I wonder is why they didn’t just decide to increase financial aid for people below $80,000 or some number, so that the middle class doesn’t still have to take out tons of loans. Instead of making it free for those under $45,000 and no change for those over, why not award those under $45,000 slightly less than 100% - even 90% - so that the middle class can get some more aid. Hmm."</p>

<p>Uhh… what? Poor people can’t afford it, the middle class can, but they just don’t want to pay, usually. And the people who need it the most are the low-income people, not the middle class. This statement is hilarious…</p>

<p>i feel the same… i hope this is true i feel so sad when i hear people getting worried about paying for college…</p>