MasterCard to sponsor five students from sub-Saharan Africa each year
According to Director of Financial Aid Karen Cooper, MasterCard will disburse $500 million in an education initiative for sub-Saharan Africa.
According to Director of Financial Aid Karen Cooper, MasterCard will disburse $500 million in an education initiative for sub-Saharan Africa.
Unlike peer institutions such Harvard, Yale and Princeton, Stanford lacks need-blind financial aid for internationals.
The inability of the federal government to avert the “sequester” — automatic and across-the-board spending cuts of $85 billion that came into effect last Friday — will seriously affect the state of ongoing and future research at Stanford, according to University administrators.
Undergraduate tuition will increase to $42,690 next year, compared to $41,250 this year, and room-and-board charges will increase from $12,721 to $13,166, according to a University press release.
Average of Stanford students graduating with debt decreases, but indebtedness increases
Around 10 percent of admitted students petition the Financial Aid Office each year in hopes of increasing the amount of aid that would be awarded to them if they came to Stanford, according to Karen Cooper, director of financial aid.
Stanford’s policy to waive the tuition of students whose family incomes are below $100,000 helps these students afford college; however, figures from College Board suggest it may also take money away from less-wealthy students at other universities.
A new federal policy change announced by President Obama last Tuesday, designed to help students manage their college loan debts, may not affect many students at Stanford, according to Director of Financial Aid Karen Cooper.