Harvard University's recent decision to expand its financial aid program now allows students from families earning less than $200,000 to benefit from reduced or free tuition costs. Specifically, families with an income under $100,000 will pay nothing for tuition, food, housing, and other expenses. This initiative, motivated by the Supreme Court's previous ruling against race in admissions, aims to enhance affordability, particularly benefiting middle-income families. Additionally, the new plan introduces a startup grant for graduates, and Harvard’s total expenses for students in 2024-2025 are estimated at over $82,000.
Harvard's expansion of its financial aid program offers free tuition to families earning less than $200,000, significantly aiding middle-income students and graduates.
The university outlined that if a student's family makes less than $100,000 annually, all expenses including tuition, food, and housing will be covered.
This significant expansion is aimed at making education accessible for more students, particularly benefiting those from middle-income backgrounds.
With a sticker price of $82,866, Harvard's new financial aid policy seeks to support families well above the national median income, reflecting broader trends.
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