Vanderbilt guarantees full-tuition scholarships to all students with family incomes below $150,000
Vanderbilt guarantees full-tuition scholarships to all students with family incomes below $150,000
The university announced this expansion of its “Opportunity Vanderbilt” financial aid program on Feb. 8.
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Anyone know what the catch/es or ulterior motive/s is/are?
Probably super hard to get into.
Looks like they have a 7% acceptance rate. That's on par with most ivy league schools.
That'd be great. Here's to both of my crossed fingers.
I can think of a few, but right off top: most people won't be eligible, won't get in, or will be otherwise stipilated out after the fact. Secondly, this type of fund is typically a massive donation, which hypothetically equates to a massive tax write off for the donator. Thirdly (and admitted tinfoil-hattedly), this is gonna piss off a ton of unaffected Republicans made to believe this is like letting commies come right into their living rooms to fuck their wives while they watch.
I think the main reason is that they want to ensure the best students can attend, regardless of their current income. Successful alumni are more likely to contribute back to the university in the future.
I graduated from Vandy within the last decade and can attest that their financial aid program has been great for a while. There's no way we could have afforded it without their assistance and I was able to graduate with very minimal debt that I easily paid off.
Oh fantastic. Whenever I hear a really good thing like this, I immediately worry that it's like that college tuition reform bill republicans are pushing that is actually a thinly veiled attempt to begin racially tracking and matriculating students.
Yeah, that's great to hear about the Vanderbilt program, and valuable to hear about your experience there.