Stanford Cuts Tuition

By Associated Press February 20, 2008

PALO ALTO, Calif. - Attending Stanford University next year will be a lot more affordable for some undergraduate students.

The university said Wednesday it plans to eliminate tuition for students with annual family incomes totaling less than $100,000. It also will pay most room and board for students with families making less than $60,000.

Financial aid director Karen Cooper says the move comes as middle-income parents express concern about paying for a Stanford education.

Stanford tuition is expected to rise to $36,000 in the fall. Room and board will cost about $11,000. About a third of the university's 6,700 undergraduates are expected to qualify for the tuition break.