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Washington University replaces undergraduate federal loans with scholarships and grants

Washington University replaces undergraduate federal loans with scholarships and grants

St. Louis on the Air · St. Louis Public Radio

September 11, 202319m 26s

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Show Notes

Washington University has unveiled a new policy that removes federal student loans from their undergraduate financial aid packages. The policy takes effect fall 2024, but it has already garnered attention across the nation as a way to make a path to higher education less burdensome. Ronné Turner, Wash U’s vice provost for admissions and financial aid, shares the benefits for students and how the no-loan policy can impact generational wealth.