YOUR BUSINESS AUTHORITY
Springfield, MO
Washington University in St. Louis is investing $1 billion to boost student financial aid.
The investment means the university no longer will consider applicants' ability to pay in undergraduate admissions.
The effort, dubbed Gateway to Success, comes after the university's endowment earned a record 65% return in the 2020-21 academic year. The endowment is now worth $15.3 billion.
Read more from the St. Louis Post-Dispatch.
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