Amid arguably the worst year to apply for financial aid, some colleges are implementing new strategies to entice students wary of the high cost.
Vanderbilt University announced it is expanding Opportunity Vanderbilt to include full-tuition scholarships to students of families with an annual income of $150,000 or less.
Meanwhile, Dartmouth also said it is nearly doubling its current income threshold for a "zero parent contribution" for parents with an annual income of $125,000, up from $65,000.
"As costs continue to escalate we think it's so important there is access," said Doug Christiansen, Vanderbilt's dean of admissions and financial aid.
"I am concerned on a national level that we will have a portion that think they can't afford it," he said.
Persons:
Dartmouth, Doug Christiansen, Christiansen
Organizations:
Vanderbilt University, Vanderbilt, Finance, Harvard, Federal Student Aid