The complete restructuring of financial aid packaging, some of which was adopted last year and the year before, includes:
• Capping need-based loans at $2,000 per year
• Significantly increasing funding to reduce loans at graduation
• Omitting any student's required financial contribution for one summer if he or she engages in a socially worthwhile or educationally relevant activity
• A more generous definition of demonstrated need
• Improving aid for international students
• Increasing expense allowances
• Indexing merit aid awards by the percentage of comprehensive fee increases while enrolled
BRAVO!
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