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18 Schools That Meet Full Financial Need With No Loans

A few colleges and universities help students avoid crippling debt by offering generous financial aid packages.

When it comes to debt, last year's college grads who borrowed student loans took on nearly $30,000 in loans to pay for their education, according to data reported to U.S. News in an annual survey. For that reason, college affordability is a top concern among many prospective students.

Didn't get as much financial aid as you'd hoped? You can negotiate for more

Three tips to keep your college student from drowning in debt

Here's a secret to help your child grasp the real impact of student loan debt: Don't just think about the huge sum you've borrowed — focus on what you'll repay each month.

About 30 percent of college students said they feel confident with the financial terms associated with student loans, according to a survey by College Ave Student Loans. The lender recently polled 1,075 undergraduates.

The biggest issue that these young borrowers are missing is the fact that, at some point soon, they'll have to start repaying their loans each month.

Soon, you may get your federal student aid on a debit card

Every year, the U.S. Department of Education gives over $120 billion in federal grants, loans and work-study funds to more than 13 million college students, making it the largest provider of student financial aid in the country. Now, students may be given some of these funds on a debit card.

According to The Hill, the Department of Education plans to launch a pilot program which would place financial aid dollars onto debit cards for up to 100,000 students. Earlier this month the department began searching for a contractor to help with the program.

Teachers say grants from Ed Dept were wrongly converted into loans

Some teachers who received a special grant from the Education Department to help pay for their own tuition are saying their grants were wrongly converted into loans, NPR reported.

The department’s Teacher Education Assistance for College and Higher Education (TEACH) grants are awarded to college students who teach in “high-need” fields like math and science at low-income schools.

Brown University raising $120 million to eliminate all student loans

Amid America’s colossal student debt problem, an Ivy League school is providing an example of how institutions can help.

Beginning next school year, Brown University will eliminate all student loans in its undergraduate financial aid packages, replacing them with scholarships. Following a $30 million fundraising effort launched in September, Brown administrators announced this week that 2,087 donors contributed toward the goal, and that the school—located in Providence, Rhode Island—plans to raise $90 million more to sustain the scholarship giving.

Brown University is doing away with student loans

Amid America’s colossal student debt problem, an Ivy League school is providing an example of how institutions can help.

Beginning next school year, Brown University will eliminate all student loans in its undergraduate financial aid packages, replacing them with scholarships. Following a $30 million fundraising effort launched in September, Brown administrators announced this week that 2,087 donors contributed toward the goal, and that the school—located in Providence, Rhode Island—plans to raise $90 million more to sustain the scholarship giving.

Brown To Eliminate Loans To Help Students Graduate With Less Debt

Brown University announced Thursday that it will no longer provide loans, only grants, in an effort to help students graduate with less debt.

Starting in the fall of 2018, all students who receive financial aid from the Ivy League university will receive scholarships, which they don’t have to pay back.

The road to success is always under construction
– Lily Tomlin
"Bankruptcy laws allow companies to smoothly reorganize, but not college graduates burdened by student loans."
– Robert Reich
“What I would like to do... once I take care of all my kids' student loans, is buy a red 1965 Mustang and fully restore it.”
– Mike Quigley
"If we don't change direction soon, we'll end up where we're going."
– Irwin "Professor" Corey
"Nothing in life is to be feared. It is only to be understood."
– Marie Curie
"There is scarcely anything that drags a person down like debt."
– P. T. Barnum
“This would be a much better world if more married couples were as deeply in love as they are in debt.”
– Earl Wilson