Endowments are composed of charitable donations to support students and science -- but an unprecedented tax on these endowments, passed in 2017, is reducing these funds' ability to continue supporting student financial aid and scientific breakthroughs that benefit everyday American families.
Chancellor Andrew D. Martin announced the WashU Pledge, a bold new financial aid program that will provide a free undergraduate education to incoming, full-time Missouri and southern Illinois students who are Pell Grant-eligible or from families with annual incomes of $75,000 or less.
Dartmouth College's Call to Lead campaign raised over $120 million in scholarship gifts and pledges to the endowment, allowing the elimination of need-based loans as part of undergraduate students’ financial aid packages and replacing them with expanded scholarship grants beginning with the 2022…
UW–Madison pledges to cover four years of tuition and segregated fees for any in state student whose family’s annual household adjusted gross income is $56,000 or less as part of "Bucky's Tuition Promise."
The University of Michigan will launch a new financial aid program for in-state students that offers a “Go Blue Guarantee” of free tuition for up to four years for students with family income of up to $65,000.