A Bold Plan
University commits $16 million annually to
keep higher ed affordable
by Andrew Shurtleff
President John T. Casteen III unveils the new financial aid
plan at a Feb. 6 board meeting.
By Dan Heuchert
college degree has long been a launching pad to a better life. But
increasingly, even middle-income students and their families worry
that college debts will become a burden, limiting future career
and educational opportunities.
response, the University has unveiled “Access UVa,”
an ambitious financial aid program – unprecedented among U.S.
public institutions – designed to keep higher education affordable
for all students who qualify for admission, regardless of economic
learn, and by learning to become an informed citizen in a democratic
society, is a fundamental American right held dear by Virginians,”
said University President
John T. Casteen III. “Because access for students with need
is a priority for us, the University of Virginia has made a conscious
choice to allocate the resources to make this program work.
UVa has the added benefit of allowing students the freedom to pursue
graduate study or public-service careers after their undergraduate
careers are completed, without the kind of burdensome debt that
might otherwise limit their options.” Full
‘Access’ draws praise
By Dan Heuchert
Stolar is a second-year Student Council member from Wilton, Conn.
He receives no financial aid, so he will not benefit directly from
the Access UVa financial aid plan, unveiled Feb. 6.
Stolar knows he will benefit in other ways.
it affects me because of the increased quality of students who will
come,” he said. Additionally, the program’s emphasis
on grants and limited loans means students who receive aid should
be able to take advantage of more extra-curricular opportunities,
enriching themselves and the community, he said.
are two kinds of learning that go on here, the learning that goes
on in the classroom, and the learning that goes on outside,”
the whole point, said University President John T. Casteen III in
announcing the program: to allow all prospective students equal
access to the University, and to allow them to make choices about
their academic and post-graduation careers free from worry about
debt. Full story.