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Lehigh University to enhance financial aid policy
A new initiative designed to further enhance the university’s approach to need-based financial aid was announced today.
Beginning in the 2008-09 academic year, the following grants are going to take place:
• Loans will be eliminated for students who are eligible for financial aid (family’s calculated annual income is less than $50,000).
• Loan Reduction Initiative for students who are eligible for financial aid ( family’s calculated annual income is between $50,000 and $75,000) - loans will be limited to a maximum of $3,000 per year.
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