Wesleyan University in Connecticut announced Thursday that it will eliminate loans from its financial aid packages beginning next autumn, joining a small group of institutions that have committed to satisfying all students’ demonstrated financial need.

President Michael S. Roth stated that increasing Wesleyan’s present “no-loan” policy (for students with household incomes under $120,000) will make the private university more affordable for middle-class families.

“We are improving the university’s financial aid offerings to be able to build and maintain a dynamically diverse community, including socioeconomic diversity,” Roth stated.

There are approximately two dozen universities in the United States that meet all students’ stated need without the need of loans.


Please enter your comment!
Please enter your name here