Word: aides
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Dates: during 1990-1999
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Since January, Princeton, Stanford, Yale and MIT have pledged to spend millions of dollars more on aid next year. By contrast, UPenn estimates its Trustee Scholars program will cost about...
...Preferential packages" are not formally considered merit scholarships--anathema to the Ivy League for years--because they still offer aid based on calculations of demonstrated need...
...that demonstrated need is met completely with grants instead of "self-help" aid like work-study and student loans. Princeton Director of Financial Aid Don Betterton, whose school does not use preferential packaging, called it "merit within need...
According to Yale Director of Financial Aid Donald McM. Routh, programs like this were once common in the Ivies. Harvard at one time offered similar incentives in its National Scholars program, which was scrapped in the early 1990s...
...Preferential Packaging] has been around forever, and lots of people have used it," said Harvard Director of Financial Aid James S. Miller. "Penn has just upped the ante...