Iowa college keeps need-blind admissions policy
February 23, 2013 16:39 CST
GRINNELL, Iowa (AP) -- Leaders at Grinnell College have decided not to scrap its need-blind admissions policy -- for now.
Grinnell is one of the nation's wealthiest private liberal arts colleges, managing a $1.5 billion endowment that has grown to among the country's largest, thanks to investment advice from former trustee and Omaha billionaire investor Warren Buffett. But the Des Moines Register reports (http://dmreg.co/UVeEIz) that the college's board of trustees had been considering pulling back from its need-blind admissions policy -- where acceptance is not based on ability to pay -- because of budget concerns.
On Saturday, the board voted to keep the need-blind policy, but will revisit the issue in the fall of 2015. If the college hasn't made sufficient progress toward fundraising and tuition revenue goals, it may end the need-blind policy.
Information from: The Des Moines Register, http://www.desmoinesregister.com
Information from: The Des Moines Register, http://www.desmoinesregister.com
Source: http://www.kgan.com/template/inews_wire/wires.regional.ia/2feb0b36-www.kgan.com.shtml
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