<p>How does the financial aid policy at compare to Duke? I’m asking on behalf of a friend. Does the new policy eliminate tuition for those making under 60k but replace the costs with loans or is it just in form of a financial aid scholarship? How generous is the financial aid for those making between 60 and 100k?</p>
<p>I’m curious about this as well, in relation to Georgetown as well as Duke. Can someone explain the Harvard financial aid policy?</p>
<p>I don’t go to Harvard, so I can’t say this first hand…but…Harvard’s financial aid is ridiculously generous and nobody can compare to Harvard’s aid packages except for maybe Princeton. I believe if your parents make less than 60k, you have no contributions, and no loans. If you parents make up to 180k, they have to pay around 10% of their annual salary to Harvard (e.g. if they make 150k total, cost of Harvard for one year is $15,000). Duke’s aid is not as generous to the middle and upper-middle class as Harvard…frankly, nobody is. I guess you’ll see that when you get your aid packages! Duke’s financial aid program is among the 15 or so most generous in the nation, I’d say, but Harvard is clearly the top. By the way, Duke’s policy is that if your parents make less than 40k you get a full ride with no loans. If your parents make less than 60k, they eliminate parental contributions, but you do have a few thousand dollars in loans a year, I believe.</p>
<p>edit: “Harvard had previously eliminated financial contributions from students whose parents earn less than $60,000 a year. In December, the school introduced a sliding payment scale for the next academic year. Households earning from $120,000 to $180,000 will pay 10 percent of their income toward Harvard’s costs, while those making from $120,000 to $60,000 will pay decreasing percentages.” [Bloomberg.com:</a> U.S.](<a href=“Bloomberg Politics - Bloomberg”>Bloomberg Politics - Bloomberg)</p>