The FAFSA/CSS-PROFILE trap

Leonard
Thu, 30 Mar 2006 23:27:33 +0000

Harvard Eliminates Tuition for Lower-Income Families (Update1)

March 30 (Bloomberg) – Harvard University, the oldest college in the U.S., said students from families with a combined income of $60,000 or less can attend the school for free.

The new program, the most generous in the eight-school Ivy League, will begin in September, the school said in a statement. Its plan also reduces the amount families with combined incomes of $60,000 to $80,000 will have to pay, the statement said.

``These increases in financial aid build on and extend out emphasis on recruiting students from low-income backgrounds and send a clear signal to middle-class families who have all too often felt that Harvard and other leading institutions are out of reach,‘’ Harvard President Lawrence Summers, 51, said in a statement.