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# Stanford Offers Free Tuition for Households Earning Less Than $125K Per Year
- URL: https://ivn.us/stanford-offers-free-tuition-households-earning-less-125k-per-year/
- Published: 2015-04-02T22:47:03.000Z
- Updated: 2026-06-22T19:48:59.000Z
- Author: Shawn M Griffiths
- Tags: News

Vox reported Wednesday that Stanford University has implemented a new program that will make it easier for low-, middle-, and upper-middle class families to afford college. Stanford will now offer free tuition for families earning less than $125,000 per year, and families that make less than $65,000 a year also won't have to contribute to room and board.

> *"Students themselves will have to pay up to $5,000 each year from summer earnings, savings, and part-time work. There's no rule that parents can't cover their students' required contribution.Stanford is much more generous toward middle-class and upper-middle class students than the federal government is. Most students who get subsidized loans and federal Pell Grants come from families making less than $60,000 per year. But it also enrolls an outsize proportion of wealthy students. In 2010, the university's director of financial aid [said](http://www.stanforddaily.com/2010/08/12/diversity-remains-ongoing-struggle/?ref=ivn.us) the median family income at Stanford was around $125,000\. On the other hand, only 14 percent of entering freshmen got federal Pell Grants in 2012, which typically go to students from families making less than $50,000 per year. Nationally, 41 percent of undergrads received Pell Grants."*

### **Read the full story [here](http://www.msn.com/en-us/money/careersandeducation/stanford-just-made-tuition-free-for-families-earning-less-than-dollar125000-per-year/ar-AAakt3k?ref=ivn.us).**

*Photo Credit: [turtix](http://www.shutterstock.com/gallery-644554p1.html?cr=00&pl=edit-00&ref=ivn.us) / [Shutterstock.com](http://www.shutterstock.com/editorial?cr=00&pl=edit-00&ref=ivn.us)*