HOUSTON, Texas – Harvard announced on Monday that undergraduate tuition will be free for students of families who make annual incomes of $200,000 or less in a move to make the prestigious institution “affordable to more students than ever.”
The university will also make schooling completely free for students from families with annual incomes of $100,000 or less, covering tuition, food, housing, health insurance and travel costs.
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The new expansion of financial aid will begin in the 2025-26 academic 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 University President Alan M. Garber said in a press release. “By bringing people of outstanding promise together to learn with and from one another, we truly realize the tremendous potential of the University.”
According to the release, the aid expansion will “enable approximately 86% of U.S. families to qualify for Harvard College’s financial aid. "
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