Emory University Boosts Financial Aid for Low-Income Students

Emory University, the highly selective institution of higher education in Atlanta, has followed in the footsteps of many of its peers and increased the financial aid opportunities for low-income students.

Under the Emory Advantage, all student loans will be replaced with scholarship grants for students who come from families with annual incomes below $50,000. In addition, for students from families with incomes between $50,000 and $100,000, a loan cap of $15,000 will be established. Once a student at this income level has amassed $15,000 in need-based debt, all future need-based aid will be in the form of grants.