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Two More Colleges Change Aid Policies

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CarolynLawrence
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Joined:	Sun Mar 5th, 2006
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Posted: Wed Mar 19th, 2008 11:46 pm

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Add two more colleges to the growing list of schools that are adjusting their aid policies to eliminate lonas for low-income students.

From Inside Higher Ed:

Claremont Mckenna announced Monday that it would eliminate loans from the aid packages of all current and new students, effective this coming fall. Lafayette College on Monday announced that it would eliminate loans in the packages of students from families with incomes of up to $50,000 and limit to $2,500 a year the loans in aid packages of families with incomes of between $50,000 and $100,000. Lafayette also announced plans to increase the size of its faculty by 35 positions (or about 20 percent) over five years, without increasing the size of the student body.

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