Word: loansã
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...part of the plan, Summers will announce today a partnership with a private financial institution, said to be similar to a Harvard Business School program with Citibank. That program, called CitiAssist, gives students loans??€”regardless of nationality—with guaranteed approval and interest rates .125 percent below the prime rate...
...light of Brown’s recent policy change, Harvard should go a step further and eliminate both required term-time jobs and loans and give direct grants instead. This may sound idealistic or impossible, but at least one institution has managed to try completely eliminating student loans??€”Princeton University last year announced that, beginning with the class of 2003, it would replace all loans with direct grants...
...cost of living for students of over $40,000, including tuition. The maximum entrance award is $32,000. The grant for those on full aid drops to $28,000 after the first year, and many students get much less than that, Monell said. The gap is filled by student loans??€”to the tune of $10 million a year...