Noting that the cost of college is a major worry for many low- and medium-income families, and the workforce needs the state's brightest young people to stay here, University of Wisconsin-Madison Chancellor Rebecca Blank on Thursday announced a major new investment that will put the state's flagship campus alongside six other Big Ten universities with free tuition "promise" programs for students who qualify.
UW-Madison says its program is among the most straightforward because only income determines eligibility — not family assets or other qualifying factors.
The pledge will be a last-dollar award, filling the gap between what a student already is receiving in financial aid from other sources — including state and federal tax dollars — and the full cost of tuition and segregated fees.
The roughly $10,500 cost of resident tuition and fees — less than half the estimated $26,000 total in-state resident cost of attending UW-Madison — will be the minimum level of financial aid offered to low- and moderate-income families in Wisconsin, Blank said.
The University is widely recognized for its top-rated programs in Sociology, Engineering, Education, Business, and Public Affairs.
UW Madison is also distinguished for its high research activity, and the school is a founding member of the prestigious (AAU). It is found here: 6, 2017 - UNIVERSITY OF WISCONSIN-MADISON. Prior to September 1954, the following grade points per credit Grade point average (GPA) is calculated using the final grades in all courses completed. Summit High School's grading scale is based on a weighted 4.3 scale. Critics of "promise" programs say they don't cover enough; that books and living expenses may be too much of a stretch for low-income families.Students may be eligible for additional aid to help cover those expenses, the chancellor said.Also, the number of outside offers the university has had to match or beat to keep top faculty appear to have leveled off.RELATED: UW System gets .3 million grant to help students struggling with math stay on track to graduate RELATED: Faculty groups slam UW System President Ray Cross for secretly planning sweeping restructuring "There are a lot of good things happening around campus," Blank said."It's a year when we feel we're moving forward," including focusing on expanding revenue through entrepreneurial efforts, she said.Incoming freshmen from Wisconsin who meet the threshold of a family adjusted gross income of ,000 or less — including the student's own income — automatically will receive four years of free tuition and segregated fees, according to Blank.Bucky's Tuition Promise is expected to cover more than 800 students in each incoming class of freshmen and transfer students.That's the number of new students from Wisconsin each year who typically come from families earning ,000 or less.