Hey everyone! Quick question - does Harvard offer a lower tuition rate for in-state students, similar to many state schools? I live in Massachusetts and was wondering if this could potentially make Harvard more affordable for me. Thanks in advance!
Hello! Unlike public universities, which often offer lower tuition rates for in-state students, Harvard University, being a private institution, does not differentiate its tuition cost based on a student's residency status. It costs the same to attend Harvard whether you're from Massachusetts or any other state or country.
That being said, it doesn't necessarily mean Harvard is not affordable. Harvard has a robust financial aid program, and a majority of their students actually receive some form of aid. To be specific, about 50% of the students receive direct-grant aid (scholarships) from Harvard. This aid covers 100% of a student's demonstrated need.
Moreover, the amount families are expected to contribute is based on a sliding scale. For example, families who earn less than $65,000 a year are expected to contribute nothing to their child's tuition. Those earning between $65,000 and $150,000 will contribute from 0-10% of their income. Aid packages are reassessed each year based on updated family financial information.
While the sticker price of Harvard can be intimidating, their generous aid program keeps it within reach for many students. I highly suggest checking out Harvard's Net Price Calculator online to get a sense of your potential aid package.
I hope this was helpful!
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