Despite the hefty sticker price associated with all elite institutions, estimated costs are actually quite affordable. In fact, Ivy Leaguers graduate with less debt than their peers who attended less prestigious schools. But how? It turns out that healthy endowment funds play a huge role in aiding low-income, middle-income and even upper-income students with tuition (and sometimes also room and board) costs. Check out 10 schools where some students pay little to nothing to attend:
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Tuition for 2015-16: $43,450
Policy: Families making less than $54,000 a year don't pay tuition, room or board, and families making less than $120,000 a year don't pay tuition.
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Tuition for 2015-16: $48,272
Policy: Families making less than $60,000 don't pay tuition, room or board.
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Tuition for 2015-16: $48,880
Policy: Families making less than $60,000 don't pay tuition, room or board.
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Tuition for 2014-15: $51,108
Policy: Families making less than $60,000 don't pay tuition, room or board.
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Tuition for 2015-16: $47,650
Policy: Families making less than $60,000 don't pay tuition, room or board.
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Tuition for 2015-16: $45,278
Policy: Families making less than $65,000 a year don't pay tuition, room or board.
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Tuition for 2015-16: $47,600
Policy: Families making less than $65,000 a year don't pay tuition, room or board.
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Tuition for 2015-16: $45,729
Policy: Families making less than $65,000 a year don't pay tuition, room or board, and families making between $65,000 and $125,000 a year don't pay tuition.
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Tuition for 2015-16: $46,704 (includes mandatory fees)
Policy: Families making less than $75,000 a year don't pay tuition.
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Tuition for 2015-16: $48,120
Policy: Families making less than $100,000 don't pay tuition.
With acceptance rates hovering at less than 10 percent at many of these schools, gaining access to the funding above is fiercely competitive. Do you think it's fair for students who don’t meet the Ivies' steep admissions standards to be saddled with crippling debt or should the ones that do be rewarded with an affordable, brand-name education? Let us know what you think in the comments section. And don’t forget that even affordable college tuition can still be expensive! Try and fund your education with as much free money as possible – a great place to start is by visiting Scholarships.com and conducting a free college scholarship search, where you'll get matched with scholarships, grants and other financial aid opportunities that are unique to you!
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