Harvard University Expands Financial Aid to Tuition-Free for Many Families
Harvard will eliminate tuition costs for students from families earning under $200,000, pushing educational accessibility for lower-income families further.
The announcement builds on the Harvard Financial Aid Initiative, which was launched in 2004 to make college affordable for people of all economic backgrounds.
Harvard announces it will go tuition-free for students from families making $200,000 or less
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The $100,000 family income threshold is well above the median income for the average American household: $80,610, according to 2023 census numbers.
Harvard will be free for students whose families make $100,000 or less
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The expansion will enable approximately 86% of US families to qualify for Harvard College’s financial aid, according to the school.
Harvard offers free tuition to students from families earning under $200,000
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Summary
Harvard University announced a significant expansion of its financial aid program, eliminating tuition for students from families with annual incomes up to $200,000 starting in the 2025-26 academic year. Notably, families earning less than $100,000 will have their full costs covered, including housing and health insurance. This move aims to increase accessibility for middle-income families amid rising tuition costs nationwide. With 86% of US families now qualifying for aid, Harvard joins other institutions like MIT and Penn in enhancing financial support for lower-income students. The school’s president, Alan M. Garber, emphasizes the enhancement of diverse experiences among students.
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