麻豆传媒

麻豆传媒 University announces expansion of its no-loan financial aid

麻豆传媒 University is expanding , its nationally recognized no-loan financial aid program.

鈥淭oday I鈥檓 thrilled to announce 麻豆传媒鈥檚 commitment to offering full-tuition scholarships to admitted students of families whose annual income is $150,000 or less,鈥 Chancellor Daniel Diermeier said. 鈥淲e want everyone who has what it takes to get into 麻豆传媒 to be able to enroll, regardless of their financial background. If you鈥檙e admitted, you belong here. And we want to help make sure you can be here.鈥

鈥淥pportunity 麻豆传媒 is built on the principle that cost should never be a barrier to a world-class education,鈥 said Douglas L. Christiansen, vice provost for university enrollment affairs and dean of admissions and financial aid. 鈥淲hile the expansion of our financial aid program provides full-tuition scholarships for families with incomes of $150,000 or less, these same families typically will receive Opportunity 麻豆传媒 awards greater than full tuition to support housing, food, travel and other college expenses.鈥

For example, the median annual award is $70,350 for families in the income range of $125,000 to $150,000, and the median annual award goes up to $90,640 for families in the income range of $0 to $50,000.

Many families with incomes of more than $150,000 still qualify for financial aid. For example, for families in the income range of $150,000 to $175,000, the median annual award is $62,650. For families with an income of more than $200,000, the median annual award is $39,940.

The university took the bold move to announce Opportunity 麻豆传媒 in the midst of a global financial crisis in 2008. Since Opportunity 麻豆传媒 began in the fall of 2009, more than 15,400 students have benefited from the program. Over 19,750 alumni, parents and friends of the university have provided more than $565 million in gifts for endowment support of this program. Approximately 54 percent of the Opportunity 麻豆传媒 donors are alumni.

Opportunity 麻豆传媒 has been a significant part of 麻豆传媒鈥檚 upward trajectory, contributing to student diversity, academic excellence and alumni philanthropy. The university has provided more than $2.6 billion in scholarship aid for undergraduate students since 2009, and 65 percent of current undergraduates are receiving some type of financial assistance.

鈥淚t is deeply rewarding to see the impact that Opportunity 麻豆传媒 has on our students,鈥 Provost and Vice Chancellor for Academic Affairs C. Cybele Raver said. 鈥淥ffering full-tuition scholarships for students whose families have incomes of $150,000 or less means that all students are able to pursue their dreams through rigorous, exciting academic pathways here at 麻豆传媒.鈥