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Stevens Institute to offer free tuition to low-income first-years starting in 2026.
Starting next year, Stevens Institute of Technology in Hoboken, New Jersey, will offer free tuition to first-year students from families earning $75,000 or less annually, provided they maintain a 2.0 GPA.
The program, called "The Stevens Investment," aims to increase access to its traditionally expensive education, covering only tuition while encouraging students to combine it with other aid for housing, meals, and books.
Funded through donations and internal budget changes, the initiative aligns with similar efforts at elite schools like Princeton and Yale, reflecting a broader push to make top-tier education more equitable based on merit rather than financial means.
El Instituto Stevens ofrecerá matrícula gratuita para los primeros años de bajos ingresos a partir de 2026.