The College of the Holy Cross in Worcester will expand its financial aid support of low-income students and students with undocumented status by $40 million.
Of the total, $20 million will be provided by Holy Cross and $20 million by the Schuler Educational Foundation of Illinois in the form of a dollar-for-dollar matching grant, according to a Wednesday press release by the school.
“Holy Cross is honored to partner with the Schuler Education Foundation to promote greater access and affordability to undocumented, underrepresented, and Pell-eligible students. The Schuler Access Initiative vividly reflects our Jesuit mission to serve the greater good,” Holy Cross President Vincent Rougeau said in the press release.
Holy Cross has made a commitment to meet 100% of every student’s demonstrated financial aid for four years of college. According to the school, it provides more than $63 million in aid each year, with 63% of students receiving aid.
This is the Schuler Foundation’s second cohort of five partnerships with U.S. colleges to provide access to higher education. The other schools in this cohort are Barnard College in New York, Centre College in Kentucky, Scripps College in California, and Trinity College in Hartford.
