Hi everyone! I've heard that Harvard offers great financial aid, but I'm wondering if they also give out academic scholarships. Do any of you know if they do, and if so, how to apply for them?
Hello! Harvard definitely has a strong financial aid program, but they do not offer merit-based academic scholarships. Their financial aid is solely need-based, meaning it's determined by your family's financial situation.
Even without academic scholarships, Harvard's financial aid program is known for being quite generous. Approximately 55% of students receive financial aid, and families with an annual income of $65,000 or less are not expected to contribute anything toward tuition. Additionally, families earning between $65,000 and $150,000 are expected to contribute up to 10% of their income, and those earning above $150,000 will have a proportional increase in expected contribution.
Keep in mind that many other scholarships, grants, and financial aid opportunities are available through external organizations. You can apply for these independently of your Harvard financial aid application to help supplement your educational costs. I hope this helps! Good luck with the application process!
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