It'd definitely cover all of the international students from developing countries, but I don't think they're included in this policy. IIRC Stanford only does need-blind admission for US students. $125K/yr is an order of magnitude more than upper middle class families in Latin America make, for example.
I looked into going to a US university when I was finishing high school in Brazil but the reality is that even with aid packages and all of the assistance you can get, the process involves a significant chunk of money being spent on paperwork (official translations of dozens and dozens of documents are expensive, US visas are expensive, intl travel is expensive, the standardized English exam is expensive, etc.).
A free ride to Stanford for me when I was going into college 3 years ago would have put my family in debt. Today I know that I could've remedied that with a single internship in the US, but back then all of the costs intimidated me and I gave up.
I just relocated one of my managers from Campinas to Huntsville and I think he paid about $4000 for official translations. I couldn't believe it. The company paid, but even so -- that's insane. And apparently there are different levels of translation, ranging up to about $75/pp.
I looked into going to a US university when I was finishing high school in Brazil but the reality is that even with aid packages and all of the assistance you can get, the process involves a significant chunk of money being spent on paperwork (official translations of dozens and dozens of documents are expensive, US visas are expensive, intl travel is expensive, the standardized English exam is expensive, etc.).
A free ride to Stanford for me when I was going into college 3 years ago would have put my family in debt. Today I know that I could've remedied that with a single internship in the US, but back then all of the costs intimidated me and I gave up.