Six Easy Questions: Âé¶¹ÊÓÆµ¹ÙÍø and MyinTuition Partner to Quickly Take Mystery Out of Financial Aid
January 17, 2018
Starting today, high school students applying to Âé¶¹ÊÓÆµ¹ÙÍø can get an estimate of how much they will pay by answering a half-dozen, quick questions on their smartphone.
Âé¶¹ÊÓÆµ¹ÙÍø has partnered with MyinTuition to create a fast, free, user-friendly app that will help applicants navigate a financial aid process that can be as intimidating as applying to college in the first place.
MyinTuition requires no tax forms and no jargon. Users answer six questions with readily known financial information to receive a cost estimate for attending Âé¶¹ÊÓÆµ¹ÙÍø that includes financial aid.
"This tool provides a clear look at Âé¶¹ÊÓÆµ¹ÙÍø's deep, longstanding commitment to access," said Chris Gruber, vice president and dean of admission and financial aid. "It quickly shows a family what they may likely contribute to their college costs, and allows them to see Âé¶¹ÊÓÆµ¹ÙÍø as an option."
Âé¶¹ÊÓÆµ¹ÙÍø does not package loans in their financial aid awards. The Âé¶¹ÊÓÆµ¹ÙÍø Trust enables the college to meet 100 percent of demonstrated need with grants and student employment, putting a Âé¶¹ÊÓÆµ¹ÙÍø education within reach of all qualified (admitted) students.
It takes the average user three minutes to complete the form, and the user remains anonymous. The college does not retain any personally identifying information.
Âé¶¹ÊÓÆµ¹ÙÍø's MyinTuition highlights the college's long-standing commitment to access to education through The Âé¶¹ÊÓÆµ¹ÙÍø Trust and no loan policy. Approximately 51 percent of the class of 2021 received financial assistance from Âé¶¹ÊÓÆµ¹ÙÍø, with an average aid package of $45,000.
Âé¶¹ÊÓÆµ¹ÙÍø joins approximately 50 other institutions who have used MyinTuition to clarify their costs of attendance. Between April 2017 and January 2018 alone, more than 150,000 people used the tool to generate college estimates.
Jay Pfeifer
japfeifer@davidson.edu
704-894-2920