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International students with full aid from Harvard

Princessa88Princessa88 0 replies1 threadsRegistered User New Member
Hi!

Are there any international Harvard students here that receive a full aid from the university? If so, what were your stats and ecs?

Thank you.
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Replies to: International students with full aid from Harvard

  • gibbygibby 10528 replies246 threadsRegistered User Senior Member
    edited June 11
    I'm sure there are International students accepted to Harvard that have received "full aid" and they can respond accordingly. However, international students need to understand what "full aid" means. Yale has a bit more information on their website than I could find at Harvard: https://finaid.yale.edu/costs-affordability/costs/international-students-and-us-taxes
    The U.S. government considers the amount of scholarship you receive in excess of tuition as taxable income. This means that Yale may be required to withhold up to 14% of the amount of your scholarship that exceeds the amount of tuition.

    What that means is an international student on "full financial aid" receiving scholarships for tuition, room, board, personal expenses and travel MUST file a US tax return and pay taxes on the amount that exceeds tuition. In Harvard's case, that would be: https://college.harvard.edu/financial-aid/how-aid-works/cost-attendance

    $10,927 = Room
    $ 6,755 = Board
    $ 3,000 = Travel
    $ 4,000 = Personal
    ==========
    $24,682 = Total X .14 = $3,455

    So, an international student on "full financial aid" must take out a loan (or have their parents pay) $3,500 to $4,000 per year, or about $14,000 to $16,000 over the course of four years to attend Harvard. "Full aid" is not really free, even at Harvard.
    edited June 11
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