Johns Hopkins University (JHU) announced that it would be offering free tuition for undergraduate students whose families earn less than $200,000 a year. It will waive both tuition and housing costs for families making less than $100,000.
“Trying to understand financial aid offers can be overwhelming,” said David Phillips, vice provost for admissions and financial aid at JHU. “A big goal here is to simplify the process. We especially want to reach students and families from disadvantaged backgrounds, rural locations, and small towns across America who may not know that a Hopkins degree is within reach.”
JHU President Ron Daniels told the university community that the aid will support the recruitment of the “best and brightest students to Johns Hopkins irrespective of their financial wherewithal.” He urged those in the community to share the “significant news with all outstanding students who are interested in pursuing a Johns Hopkins education, and with their families who want to see them reap the lifelong benefits of higher education.”
The development comes as Michael R. Bloomberg made a $1.8 billion gift to the school in 2018.
Johns Hopkins University also receives the most federal funds for research and development. According to fiscal year 2023 data, the university received $3.32 billion, a number 2.8 times higher than the next-highest university, USAFacts explained. Of the billions of dollars received, 43% went to engineering, and 27% went to life sciences. Another 30% was split between other research and development programs.
Other schools receiving research and development funds include University of Washington, Seattle ($1.19B); the Georgia Institute of Technology (Atlanta, GA) ($1.08B); and University of California, San Diego ($1.08B); and the University of Michigan, Ann Arbor ($1.04B).
