Overview
- The university, which announced the change Wednesday, will begin the new guarantees in the 2027–28 academic year.
- Students from families under $125,000 will have tuition, housing, meals and fees covered.
- Eligibility requires “typical assets,” which the school describes as modest savings and a home proportional to income.
- Tuition is about $71,000 and the total yearly cost nears $98,000, while the school already provides over $225 million in aid with average packages above $75,000.
- Leaders also plan to grow undergraduate enrollment to about 9,000 as they work down a budget deficit that stood near $160 million in 2025, and peers like Yale and Notre Dame have rolled out similar expansions this year.