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Support Financial Aid

It’s no secret that the escalating cost of a college education can be prohibitive. Nationally, the amount of scholarship aid provided by colleges and universities has grown 150 percent in the past decade, from $9.3 billion to $23.2 billion, according to the College Board.

Photo of students sitting outside

At Tufts, the numbers are also growing. Consider the following:

  • Of the 14,250 applicants to join the freshman Class of 2008, 59 percent showed a need for financial aid.
  • At the School of Arts and Sciences and the School of Engineering, 40 percent of undergraduates receive financial aid—more than $13.7 million annually.
  • Tufts’ prestigious professional schools are also working hard to address growing need. At the Cummings School of Veterinary Medicine, more than 75 percent of students received assistance. At the School of Medicine, 100 percent of students receive some form of financial aid.
  • Among its peer institutions (such as Brown, Georgetown, Cornell, Johns Hopkins and the University of Pennsylvania), Tufts is the only school whose admissions policy is not yet need-blind.

The need-blind challenge

Universities with need-blind admissions can attract and offer admissions to talented students, regardless of their ability to pay tuition. Currently, Tufts has to turn away remarkable and highly qualified applicants each year because their need exceeds the university’s resources.

Under President Lawrence S. Bacow’s leadership, Tufts is committed to significantly increasing the amount of financial assistance so that Tufts, too, can bring these sought-after students to the university. Another $200 million in endowment funds is needed to achieve that goal.

You can play an important role in helping Tufts achieve this historic milestone. When you receive your Tufts appeal, remember: students should be able to attend Tufts not based on their ability to pay, but on their ability.