10 Ivy league & Elite Colleges with free tuition or full-ride scholarship for middle income families

When many families think of college education, they think “expensive”.

With the increasing price tags on many schools now easily passing $60,000 per year, it comes as no surprise that many students and parents are quite worried about how they will possibly afford the cost of college.

If you have done your homework well enough, then you will know that many colleges–especially the most expensive schools–also offer significant discounts. What this simply means is that only a handful of students actually pay the full “sticker” price listed on a school’s website. Rather, students pay their net price, which is often just a fraction of the overall cost.

But, which particular schools offer the best deals for middle-class families?

Well, many colleges offer descent financial aid, but some of the nation’s top ranked  universities actually have specific policies that guarantee middle-class families either free tuition or even full-ride scholarships depending on their income levels.

So here are 10 schools that have published these excellent financial Brown Uaid policies:

Princeton University

Tuition cost is $46,144

Financial aid policy: Full-ride (including tuition, plus a room & board) for families earning an income of $54,000 a year or less. Free tuition for families earning less than $120,000 a year.

Among our top-ranked colleges in terms of academics and outcomes, Princeton also offers a lot more packages in terms of financial assistance.

Brown University

Tuition cost is $53,904

Financial aid policy: Full-ride (free tuition, plus a room & board) for families making an income of less than $60,000 per year.

This is another Ivy League college making our list. Providence, Rhode Island’s Brown University offers very generous aid packages and a top-tier education.

Cornell University

Tuition cost is $52,853

Financial aid policy: Full-ride (free tuition, plus a room & board) for families earning less than $60,000.

Being the Ivy League college with the highest admission acceptance rate (a little above 10%), Cornell University is also highly dedicated to making quality education affordable and accessible for diverse students from around the world. Their financial aid policy is quite similar to many other colleges offering full-ride scholarships to students from middle to lower-middle income families

Columbia University

Tuition cost is $55,581

Financial aid policy: Full-ride (free tuition, plus a room & board) for families earning less than $60,000 per year.

New York City’s Columbia University delivers world-class studies in the heart of the Big Apple– with an affordable price tag designed to help many middle-class families.

Duke University

Tuition cost is $53,701

Financial aid policy: Full-ride (free tuition, plus a room & board) for families earning less than $60,000.

Duke is regarded as one of the country’s best research universities, renowned especially for their top-tier medical school.

Additionally, they also boast strong financial aid that makes becoming a Blue Devil within reach for many middle class families who may be typically shun away by the price tag.

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Harvard University

Tuition cost is $50,420

Financial aid policy: Full-ride (free tuition, plus a room & board) for families earning less than $65,000 per annum.

This needs no introduction, Harvard’s long standing reputation for academic excellence and prestige is almost unmatched globally. But, many people are not particularly aware that they also offer incredibly generous financial aid to help middle-class families.

 

Yale University

Tuition cost is $51,400

Financial aid policy: Full-ride (free tuition, plus a room & board) for families making an income of less than $65,000 per year.

Another one of America’s topmost ranked and most-respected universities, Yale, offers strong scholarship opportunities for students lucky enough to be admitted to pursue a course of study.

Stanford University

Tuition cost is $48,987

Financial aid policy: Full-ride (free tuition, plus a room & board) for families making an income of less than $65,000. Also, free tuition for families earning less than $125,000.

Right in the thick of the Silicon Valley tech market, Stanford boasts outstanding beach access, elite education, and financial aid that ensures that accessible and affordable high quality education are made available for brightest students from all walks of life

MIT

Tuition cost is $49,892

Financial aid policy: Families making an income of less than $75,000 a year do not pay tuition.

Known for all things technical and engineering, MIT’s financial aid department will pay off the bill for students coming from middle to low income families, leaving them only responsible for taking care of the cost of their room & board and other living expenses.

Dartmouth College

Tuition cost is $53,049

Financial aid policy: Free tuition for families making a yearly income of less than $100,000.

Also an Ivy league school, Dartmouth boasts a policy that makes tuition free for families that earns less than $100,000 per annum. And, as with the other schools listed previously, offers financial aid packages on a sliding scale for all other families.

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