There are 11 colleges nationwide that didn’t charge tuition for the 2014-15 year, according to U.S. News & World Report. Most of them are small, private schools, and they often require students to work on campus a certain number of hours each week.
Tuition waivers at major universities have become more popular in recent years. Two weeks ago, Stanford University decided to waive tuition costs for students whose parents make less than $125,000 per year. For students whose parents make less than $65,000 per year, there’s no need to pay room and board, either.
Stanford began its waiver program in 2008, originally waiving tuition for families that earn less than $100,000 per year and waiving room and board for those who earn less than $60,000. As a result, 77 percent of Stanford students graduate without any debt.
Debbie Cochrane, research director at the Institute for College Access and Success, said Stanford stands out for its generous financial aid offerings because of the money it has to spend.