July 27, 2007

Amherst College Replaces Loans With Grants, Joining Princeton and Davidson

By ERIC HOOVER

Amherst College announced last week that it would replace loans with grants in its student-aid packages to attract more middle-income students. The liberal-arts college is only the third institution to make such a change.

Anthony W. Marx, Amherst's president, hopes the policy will raise the number of talented applicants to the college, which admits students regardless of financial need and does not award merit scholarships.

"Amherst believes it is our responsibility to ensure

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