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Financing the World

In 2002, William Kamkwamba used bicycle parts, blue gum tree and scraps to build a windmill in his village in Malawi. Only fifteen, William nevertheless managed to use the windmill to power several electrical appliances in his village. What is striking is that despite William’s lack of money, if William had applied to Stanford he would have been ineligible for financial aid. Despite our $18 billion endowment, we still do not provide financial aid to international students, even though other top-tier universities such as Harvard do. It is genuinely surprising that despite the fact that Stanford has yet to open itself up to financing opportunities for international students without Social Security numbers.