Whitman’s move follows steps by other wealthy institutions to bolster financial aid for certain students, often those from low-income backgrounds.
Williams College, one of the U.S.’s top-ranked liberal arts schools, last month said it will eliminate loans and work requirements from financial aid packages entirely, crediting itself as the first institution in the country to do so.
And Washington University in St. Louis said last year it would capitalize on its swelling endowment to admit all first-time full-time domestic undergraduates on a need-blind basis. This policy means a college will decide whether to admit students regardless of how much financial aid they require.
