2016 Harvard Financial Aid

gibby
Sat, 03 Sep 2011 12:09:45 +0000

For 2016, Harvard recently announced an increase in financial aid, raising the lowest income threshold from $60,000 to $65,000 for families to qualify for free tuition. However, what Harvard did not announce was that to offset that increase, it DECREASED financial aid to parents at the high end.

From 2008 to 2015, students whose families earned up to $180,000 payed about 10% of their income in tuition. See: [Boosting College Financial Aid | Harvard Magazine Mar-Apr 2008](http://harvardmagazine.com/2008/03/boosting-college-financi-html)

However, in 2016, the upper ceiling of income has been lowered to $150,000. See: [Harvard College Admissions § Financial Aid](http://www.admissions.college.harvard.edu/financial_aid/index.html)

So, basically if your family’s income is at the lower end, you will qualify for more financial aid from Harvard. However, if your family’s income is at the upper end, will have to pay Harvard more next year!