Some Smaller Colleges Are Changing Financial Aid Formulas

Due to increasing financial aid needs, some smaller colleges are changing their financial aid formulas which could affect both racial and monetary diversity on campuses.

http://www.nytimes.com/2012/12/01/education/elite-smaller-colleges-struggle-to-cover-financial-aid.html?emc=tnt&tntemail1=y&_r=1&

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