Harvard University announced it will now offer free tuition to students whose families make $200,000 or less per year.
« Putting Harvard within financial reach for more individuals widens the array of backgrounds, experiences, and perspectives that all of our students encounter, fostering their intellectual and personal growth, » Harvard President Alan M. Garber said in a statement on Monday.
« By bringing people of outstanding promise together to learn with and from one another, we truly realize the tremendous potential of the University. »
The Ivy League university added that students of families making $100,000 or less per year would qualify for free housing, food, and health services in addition to tuition being covered by the school.
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The university said that this move was to « ensure that admitted students can afford their Harvard education. »
« Our goal is to bring the most promising students to Harvard—period, » the statement read on the school’s website.
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« We know that paying for college is a big concern for many families, and we’re committed to making a Harvard education – and the opportunities that come with it – possible for more students than ever. »
Sen. Bernie Sanders, I-Vt., commented on the announcement and said more schools need to follow Harvard’s move.
« 10 years ago, when I introduced a bill to make public colleges & universities tuition-free, it was called ‘radical.’ Not today. Over 100 colleges & universities now offer free tuition to working-class students, » Sanders wrote in a post on X.
« Now, we must expand that idea to all public colleges & universities. »
The expanded program would allow approximately 86% of families in the United States to qualify for Harvard College’s financial aid, the school announced, adding that it extended « its commitment to provide every admitted undergraduate student the resources they need to enroll and graduate. »
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Additionally, students from families with incomes of more than $200,000 per year will also qualify for financial aid.
The average annual tuition for a Harvard student is $56,550, but with room, board and health services it comes out to about $83,000.
« We know the most talented students come from different socioeconomic backgrounds and experiences, from every state and around the globe, » said William R. Fitzsimmons, Harvard College’s Dean of Admissions and Financial Aid. « Our financial aid is critical to ensuring that these students know Harvard College is a place where they can be part of a vibrant learning community strengthened by their presence and participation. »
Harvard added that it has awarded more than $3.6 billion in undergraduate financial aid since launching the Harvard Financial Aid Initiative in 2004.
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Publish date : 2025-03-18 02:18:00
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