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In November 2022, an anonymous donor promised to deliver $2 for every $1 raised by McPherson College up to a maximum gift of $500 million. [14] By June 30th, the final day of the matching period, the college had secured $342 million in outside pledges which enable them to receive the full amount of the initial donation.
Between 1982 and 2007, college tuition and fees rose three times as fast as median family income, in constant dollars. [52] In the 2012 fiscal year, state and local financing declined to $81.2 billion, a drop in funding compared to record-high funding in 2008 of $88 billion in a pre-recession economy.
A notable number of private universities in the area have increased costs to the point that a single year at the college will cost $90,000 or above. ... can expect their cost of attendance to ...
These costs factor in tuition, housing, food, university fees, and supplies such as textbooks, manuals, and uniforms. Two year public universities, such as a community college, factor in tuition and fees, and have an average yearly cost of $3,730. The average tuition and fees for for-profit institutions were 14,600. [1]
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The small liberal arts school, McPherson College, in Kansas, has received two matching pledges since 2022 from an anonymous donor totaling $1 billion. The school, which has around 800 enrolled ...
In the college financial aid process in the United States, a student's "need" is a figure that colleges use when calculating how much financial aid to offer a student. It is determined by taking the college's Cost of Attendance, which current rules require each college to specify. Then it is subtracted the student's Expected Family Contribution ...
College tuition in the United States is one of the costs of a post-secondary education. The total cost of college is called the cost of attendance (or, informally, the "sticker price") and, in addition to tuition, can include room and board and fees for facilities such as books, transportation, or commuting provided by the college.