Over $67 million has been raised toward Washington University’s $150 million scholarship initiative, “Opening Doors to the Future,” which began in March of 2009. The scholarship drive was intended, in part, to keep financial aid stable after many students’ financial circumstances changed following the economic collapse of 2009.

Earlier this year, the Princeton Review ranked Washington University fourth in the nation for financial aid. The University received the Review’s highest possible score of 99, making it one of 13 colleges placed on the Review’s “2010 Financial Aid Rating Honor Roll.”

Last April, we published a staff editorial prescribing that all changes in the University’s operating budget should prioritize internal well-being over external image. Given this prescription, we believe it is important to commend the University’s commitment to maintaining student financial aid packages, manifested most recently in the “Opening Doors to the Future” initiative.

Washington University’s board of trustees has approved a $150 million scholarship initiative called “Opening Doors to the Future: The Scholarship Initiative for Washington University” that will raise funds for student financial aid and scholarships.

In the face of yet another tuition hike even as the economy slides into a recession, students will find it harder than ever to fund their Wash. U. education in the coming school year. This year, many private universities saw their pool of applicants shrink as many prospective students instead applied to public universities in [...]

One of the major selling points of Washington University is that almost 80 percent of students live in University-owned housing for all four years.

Free iPods, cash rewards, official-looking federal government seals—these are just a few of the tactics that private loan companies have been using to lure students.

A free online tool launched by Sallie Mae Corporation promises to help families of prospective college students build a plan to pay for college.

With the unveiling of the plan for excellence, the University has publicized all kinds of wonderful goals that range from increasing financial aid to renovating the Athletic Complex, but it has refused to mention one critical aspect: specific funding details for the various parts of the plan.

Ending a decade-long wait, President George W. Bush signed a bill to reauthorize the Higher Education Act of 1965, an act aimed at making education more accessible and affordable to students.