Vincent Rougeau, president of the College of the Holy Cross
2 hours ago
Holy Cross expands full-tuition grants to students whose families earn $100K or less
PHOTO/GRANT WELKER
The College of the Holy Cross campus in Worcester
Attending college has become more accessible for students of the College of the Holy Cross as the Worcester institution has announced those whose families earn $100,000 a year or fewer with reasonable assets will receive full-tuition grants.
This expansion of the college’s financial aid program reflects a $25,000 increase from the 2022-2023 academic year’s full-tuition grant threshold of $75,000 with reasonable assets, according to a Wednesday press release from Holy Cross.
Holy Cross tuition was $60,050 in academic year 2023-2024 and is $63,650 for the 2024-2025 academic year, according to the college’s website.
“One of Holy Cross’s top priorities is to ensure that talented students from all backgrounds can access a Holy Cross education and be supported to flourish on our campus and beyond,” Holy Cross President Vincent Rougeau said in the release.
In the academic year 2023-2024, Holy Cross provided $76.5 million in financial aid with 65% of students receiving need-based grants, as the college meets 100% of the demonstrated financial needs of admitted students.
With 3,197 full time students, Holy Cross is the fifth largest college or university in Central Massachusetts when ranked by full-time enrollment in fall 2023, according to data provided to the WBJ Research Department.
Founded in 1843, the college has 315 full-time and 33 part-time faculty members with a $1.04-billion endowment, which is the largest endowment among Central Massachusetts colleges and universities.
Mica Kanner-Mascolo is a staff writer at Worcester Business Journal, who primarily covers the healthcare and diversity, equity, and inclusion industries.
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