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An 1861 oil portrait of Matthew Vassar by Charles Loring Elliott. Vassar was founded as a women's school under the name Vassar Female College in 1861. [6] Its first president was Milo P. Jewett, who had previously been first president of another women's school, Judson College; [7] he led a staff of ten professors and twenty-one instructors. [8]
The endowment tax provision of the Tax Cuts and Jobs Act has been criticized as funding tax breaks for corporations and the wealthy at the expense of education. Critics note that the tax could threaten financial aid for low-income students, stifle social mobility, and obstruct life-saving research.
Under Hill's leadership, Vassar has also replaced loans with grants in financial aid for low-income families, in further efforts to increase access to higher education. Hill announced in late March 2016 that she intended to step down from the presidency after the 2016–2017 academic year. [ 6 ]
In the United States, schools with large financial aid budgets—typically private, college-preparatory boarding schools—tend to offer either need-blind admission or a commitment to meet the full demonstrated need of the U.S. citizen students that they admit (as determined by the schools' respective financial aid departments).
If you attend a Division I university, chances are you are bankrolling your school’s athletics department. Search our scorecards to find out by how much.
Financial aid is available from federal and state governments, educational institutions, and private organizations. It can be awarded through grants, loans, work-study, and scholarships. To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid .
The consortium was founded in 1915 when Vassar President Henry Noble MacCracken called Vassar, Wellesley, Smith, and Mount Holyoke together “to deliver women opportunities for higher education that would improve the quality of life for the human family and that would put them on an equal footing with men in a democracy that was about to offer them the vote.” [3] The success of this Four ...
The Free Application for Federal Student Aid (FAFSA) is a form completed by current and prospective college students (undergraduate and graduate) in the United States to determine their eligibility for student financial aid.