Lafayette College has expanded access to higher education for lower- and middle-income students. CBS Sunday Morning took note.

In the three short videos below, President Nicole Hurd explains the College’s increased investment in financial aid, access, and affordability, and why it matters for today’s college students and their families. As shared below, CBS Sunday Morning recently interviewed President Hurd and Director of Financial Aid Shelby McGuire about this program and related matters. 

Starting with applicants for the 2024-25 academic year, accepted students with total family incomes of up to $200,000 and typical assets for families in this income group will have their financial need met through grants and work study, without any loans. This is an increase over the $150,000 income threshold initiated for the incoming classes of fall 2022 and fall 2023.

With this no loan policy, the College has already increased middle-class representation in the incoming class over prior years, including by 22% for students from families with incomes between $100,000 and $200,000 and by 29% for students from families with incomes between $50,000 and $200,000.

Total family income is calculated using taxable and untaxed income. See our Financial Aid FAQs for more information on qualifying.

How has Lafayette expanded its no-loan program and why is that important?

Why does the value proposition of a college degree matter more than ever?

What developments are underway to strengthen the benefits and value of a Lafayette degree?



Related Stories