When calculating financial aid, does Harvard consider home equity?

<p>thanks .</p>

<p>yes, they do consider home equity, most private colleges do</p>

<p>Harvard promotes its financial aid program as income-based (e,g., those under a certain income level go for free), but actually applies an income-asset test, the details of which are (as far as I know) not disclosed. Princeton may apply a pure income-based test. That being said, Harvard's undergraduate financial aid is, in my experience, intelligently and generously administered. As Byerly says, and I paraphrase, apply to the schools in which you are interested and compare the offers from those to which you are accepted. House equity or not, Harvard may well come out on top.</p>