U.S. universities expanding free education for low-income students

ndtv.com

Many universities in the United States are now offering free education to support students from lower-income families. This move aims to help those who dream of studying abroad and landing good jobs without accumulating debt from student loans. Harvard University has recently expanded its financial aid program. It now provides free education for families earning less than $200,000 a year. Before this change, the free education benefit was available only to families making up to $85,000 annually. Other universities are also making strides in financial aid. For example, the University of Texas System, MIT, and the University of Pennsylvania have introduced similar programs that offer tuition-free or heavily subsidized education. The eligibility mainly depends on family income and assets. Some colleges exclude home equity from their financial calculations, easing qualification for aid. Currently, over 100 universities, both public and private, offer tuition-free opportunities for students who qualify. MIT and the University of Pennsylvania recently raised their income threshold to $200,000. Carnegie Mellon University and Brandeis University offer free tuition for families earning up to $75,000. To apply for these free educational opportunities, students start by filling out the Free Application for Federal Student Aid (FAFSA). Some schools might ask for more documents or require enrollment in specific financial aid programs. Certain universities also provide assistance for undocumented students, though this varies by institution and state laws.


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