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The Campus Plan. In 1876, Leland Stanford purchased 650 acres of what had been El Rancho San Francisquito for a country home and began the development of his Palo Alto Stock Farm for trotting horses.
The Stanford University Board of Trustees has approved a 3.5 percent increase in undergraduate tuition for the 2016-17 school year and has reaffirmed its commitment to keeping a Stanford education accessible through need-blind admission and affordable through a generous, need-based financial aid program.