Word: knowleses
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Dates: during 1990-1999
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In pure cost, Knowles' announcement eclipses those of peer institutions that dominated the higher education press for the last year.
Dean of the Faculty Jeremy R. Knowles estimates the increase in financial aid will cost $9 million--nearly three times as much as what Stanford and Yale added to their aid budgets last year.
A financial aid pledge drive of $200 million is the centerpiece. The University Development Office reports that with a year-and-a-half remaining in the Campaign they have raised $167 million for financial aid out of a $200 million goal, and Knowles predicts the financial aid drive will exceed...
Vincent J. Tompkins, assistant dean of the Faculty, says money from Knowles' budget, which has been growing, will close the gap.
Last spring, Princeton, Yale and Stanford Universities and MIT announced total aid increases of up to millions of dollars. The University spent this summer reviewing these changes and yesterday Dean of the Faculty Jeremy R. Knowles announced his final decision.