Johns Hopkins University announced a new financial aid policy eliminating tuition, fees and living expenses for Homewood undergraduates from families earning under $100,000; families up to $200,000 will pay no tuition. The change, effective for current eligible students in spring 2026 and incoming classes next fall, expands Hopkins’s existing tuition guarantees and follows major philanthropy—most notably Michael Bloomberg’s prior $1.8 billion gift—used to grow financial aid and Pell‑eligible enrollment. University leaders described the move as part of a broader commitment to affordability and socioeconomic access, saying most families making up to $250,000 will continue to qualify for significant aid. Admissions and finance offices will need to adjust yield forecasting and budget planning as net tuition revenue dynamics shift under the new guarantee.