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How Much Harvard Fin Aid Could You Qualify For?

Many students attending Harvard University can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.

However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.

Here you’ll Discover:

How Much Financial Aid Can First-Time Students Expect at Harvard?

$57,877.00 is the typical Harvard University’s first year financial aid package. 72% of reshman students get financial aid, most of which is in the form of grants and scholarships

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Is it a Reduction?

Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.

Student Loans at Harvard University

Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Harvard University.

How Much Harvard Aid Will I Get That I Don’t Have to Pay Back?

Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.

The numbers below apply to scholarships and grants primarily provided by Harvard University.

57% of new students (942 total) were given scholarships at Harvard University, averaging $55,389.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.

As well as scholarships, 19% of freshmen (306 total) received a federal grant, for about $7,514.00 a person.

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How Income Level Affects Financial Aid

The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k3.40%$73,350.00
Income 30k-48k4.68%$74,518.00
Income 48k-75k6.14%$73,245.00
Income 75k-110k2.07%$55,855.00
Income 110k +4.25%$33,602.00

Title IV Aid

The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.

The Typical Undergrad Who Gets a Scholarship or Grant Will Get $57,877.00.

Of the 1646 undergraduate students at Harvard University around 72% (944 total) receive some form of grant aid. The typical amount awarded was $57,877.00.

Want to Know More About Tuition and Fee Prices?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Notes and References

References

More about our data sources and methodologies.

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