Wait so do I go for free?

NYCKevin
Sat, 03 Dec 2011 01:00:33 +0000

Yea, it’s true. But you should check with each school first, before you start applying aimlessly thinking you’ll get a full ride to every school. Usually, the ones that are able to make such a statement are the ones that are the hardest to get into (like you mentioned, MIT/Harvard/Stanford). This is because they have high endowments, which = more financial aid money.

The income “cut-off” varies from school to school, so check with the office of admissions first.