So, Ivy League is my dream, but I'm not sure my family can afford it. Anyone know which of them are the most affordable?
Many Ivy League institutions are committed to meeting 100% of a student's demonstrated financial need, making them surprisingly affordable for many families. However, the precise amount of aid you might receive can vary based on your family's circumstances. It's important to check with each school for specific policies and consider using their Net Price Calculator to estimate your potential financial aid.
One school that stands out in terms of generous financial aid is Harvard University. Families who earn less than $85,000 per year pay nothing towards the cost of attendance. Those earning between $85,000 and $150,000 per year will contribute between 0% and 10% of their yearly income.
Similarly, at schools like Princeton, Yale, and Cornell, families earning under a certain threshold pay essentially nothing towards tuition. Princeton, for example, provides full tuition, room, and board for families making under $65,000 a year.
Despite these programs, individual circumstances vary a great deal, so it's crucial to do your research and speak with financial aid officers at these schools to get a better understanding of what your family might expect to pay. Remember that Ivy League colleges are need-blind, meaning your ability to pay won't influence your admission decision. They are also committed to helping deserving students attend, regardless of their financial situation.
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