Harvard University has taken a significant step toward making education more accessible by offering tuition-free undergraduate education for students from families earning less than $200,000 per year. This initiative is expected to benefit middle-class families and open new opportunities for aspiring students dreaming of studying at one of the world’s most prestigious institutions.
Additionally, students from families earning less than $100,000 per year will receive full financial aid, covering housing, health insurance, and other expenses, ensuring a stress-free academic journey.
Harvard’s Financial Aid Policy: Key Details
According to Harvard’s official announcement, the new financial aid structure will take effect from the 2025-26 academic year:
Complete coverage of all expenses (tuition, food, housing, health insurance, and travel) for students from families earning $100,000 or less per year. Additionally, these students will receive:
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A $2,000 start-up grant in their first year
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A $2,000 launch grant in their junior year to support post-graduation transition
Free tuition for students from families earning $200,000 or less, along with additional financial aid based on specific financial circumstances.
Students above the $200,000 income threshold may also qualify for financial aid, depending on individual circumstances. Harvard’s financial aid team will work personally with students and families to ensure tailored support.
Who is Eligible for Harvard’s Expanded Financial Aid?
For full coverage (tuition, housing, health insurance, and other expenses), the family’s annual income must be $100,000 or less.
For free tuition and additional aid, the family’s annual income should be $200,000 or less.
Harvard’s Commitment to Affordability
Previously, Harvard provided free tuition to students from families earning less than $85,000 per year. Now, with this expansion, the university aims to make education more accessible, especially for middle-income families.
The announcement was made on March 17 by Harvard University President Alan M. Garber and Edgerley Family Dean of the Faculty of Arts and Sciences Hopi Hoekstra.
For further details, students are encouraged to visit Harvard University’s official website.