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Part 2: No-Loan Colleges: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Comprehensive, updated (May 2023) list of no-loan colleges. 5500 is the loan cap most college access advisors recommend. Not all colleges include loans in your financial aid package. See a sample financial aid letter for a no-loan college ! See a sample financial aid letter for a no-loan college for an EFC of $0 !

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College Admissions Glossary of Terms

Admissions Village

Test Blind : A college admissions policy where standardized test scores (like the SAT or ACT) are not considered at all, even if a student submits them. Test Optiona l: A policy adopted by some colleges where submitting SAT or ACT scores is not mandatory. This can include grants, scholarships, loans, and work-study programs.

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Cheapest Ivy League School: Comparing Tuition, Fees, Aid, and More

AdmissionSight

Princeton is also one of the few universities that applies the same financial aid policy to international students to make sure they also get full need-based aid. Plus, Princeton doesn’t do loans, so you’re not leaving with a mountain of debt. For instance, Columbia has a no-loan policy for families earning less than $150,000.

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Biden Forgives Another $4.9B in Student Loan Debt

BestColleges

The Biden administration continues to approve debt relief for borrowers in income-driven repayment (IDR) plans and the Public Service Loan Forgiveness (PSLF) program. Biden has framed this debt forgiveness as a way of righting past wrongs in the federal student loan system. ED announced the PSLF waiver program in October 2021.

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How to Apply for MIT Free Tuition

AdmissionSight

And dont forget that MITs financial aid program is designed to help you graduate debt-free, so you wont have to worry about taking out massive student loans. They meet 100% of the demonstrated need for every student, and their aid packages dont include loans. No loans = no debt MIT doesnt do loans in its financial aid packages.

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UChicago Tuition: Total Cost + Aid

AdmissionSight

No-loan policy. Unlike many other schools, UChicago doesnt include loans in its financial aid packages. Their No Barriers policy is designed to help you graduate debt-free and set you up for success no matter your background. If youre considering student loans, check UChicagos loan application page for extra steps.

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Top 10 Colleges That Offer Free Tuition for Low-Income Students

AdmissionSight

No loans, no stress, just support to help you succeed. Youll receive aid through scholarships, grants, and work-study opportunities, which dont need to be repaid, allowing you to focus more on your studies and less on paying back loans. Stanford University Location: Stanford, California Acceptance Rate: 3.9% How cool is that?

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