TideWarrior
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Please eleborate on this
Like Vandy they receive (gifts) from alumni or some other source that provide financial assistance to undergraduate students. With the goal of accruing no education debt. Basically the school is finding ways to subsidize students and taken the burden of their debt.
This is from Davidson's website. I love the concept because it provides a need for students not to be a part of the ever growing generation that is now defaulting on school loans at an alarming rate and also provides opportunities to students who come from a financial situation preventing them from attending a private school.
http://www3.davidson.edu/cms/x22786.xml
