A few colleges across the U.S. offer full-ride tuition scholarships
These colleges make it easier to get a higher education.
New York University school of medicine announced on Thursday that it would grant free tuition for all its medial school students. The 442 currently enrolled and 102 soon to-be-enrolled fall students will be eligible for free tuition — it currently costs $55,018 per year to attend for the 2018-19 academic year, regardless of their financial need or academic performance. But students will still be responsible for housing, books and additional fees, which amount to about $27,000 for a 10-month term, according to the university.
This decision comes at a time when many students are struggling with the financial burdens of seeking higher education. About 75% of medical students in the U.S. graduated with debt in 2017, owing an average of $191,000, according to a survey by the Association of American Medical Colleges. And the average student loan debt for those that graduated from undergrad in 2017 graduates was $39,400, a 6% increase from the year before.
While the NYU School of Medicine is the first top 10-ranked medical school to make tuition free, the state of New York provides free tuition to full-time students attending two-year and four-year programs at public colleges in New York if their families earn $125,000 or less per year.
Here are some other tuition free options:
Berea College, Berea, Kentucky
This four-year private liberal arts college allows all admitted students from the Appalachian region of the U.S. to attend school for free — a gift worth almost $100,000. However, each student is required to work at least 10 hours per week at campus-approved jobs.
Typically schools like this are able to offer their student this debt-free deal through donors, gifts from charitable organizations and monetary gifts from the outside community.
Alice Lloyd College, Pippa Passes, Kentucky
And similarly, this private liberal arts college also offers a full ride for students from Appalachian counties for its bachelor’s degree programs and pre-professional programs in medicine, law, and more. To qualify, students are required to work at least 160 hours per semester and pay for living costs of about $6,240 each year.
Curtis Institute of Music, Philadelphia
One of the leading conservatories in the world, this school of music, provides free tuition for all its gifted young musicians. Although students have to audition in person to get into the school — and it has just a 4% acceptance rate — every student receives a full-tuition scholarship upon acceptance. Money for living expenses is given based on need.
Barclay College, Haviland, Kansas
This private Christian college enrolls 292 students for undergraduate four-year, two-year, and non-degree programs, in addition to offering several graduate programs. Although students must be evangelicals to attend, students who live on campus don’t have to pay tuition (worth about $15,000 a year), though they are still required to pay for the cost of room and board, which is $8,400.
College of the Ozarks, Point Lookout, Missouri
This is another private, Christian liberal arts college that offers free tuition for full-time students for four-year undergraduate programs; it also gives free tuition to those taking pre-professional programs and certificates. Students are required to work 15 hours a week at an on-campus work station, as well as two, 40-hour work weeks during breaks in addition to paying for $6,800 cost of room and board.
Webb Institute, Glen Cove, New York
With only 92 undergraduate students, this private college provides full-tuition scholarships for the undergraduate program in naval architecture and marine engineering. Students are required to live on campus and are expected to pay around $14,400 for room and board. During the winter, students are required to work in the maritime industry and receive a salary.
Other schools that offer free tuition to a large swath of students include Princeton University which offers a full tuition scholarship with room and board included for all students from families making less than $54,000 a year and free tuition for those making less than $120,000 a year. And similarly, Cornell University provides free tuition for students of parents with a combined income of less than $60,000; the total estimated cost of attending Cornell University for one year is around $70,371, room and board included.
© 2018 Dow Jones & Company, Inc. All Rights Reserved