(NAME-MCE) Harvard - parents of families with incomes below $60, 000 are not expected to contribute at all to college costs.

[Howe, William]

Welcome to the Harvard College Financial Aid Office

We are eager to help you and your family understand our financial aid
programs and to assist you in finding ways to meet your college costs.
Given the unprecedented economic downturn of the past year, we
understand that the thought of financing four years of college weighs
heavily on families. We remain deeply committed to making a Harvard
education affordable for all admitted students and invite you to learn
more about our financial aid program. All of our financial aid is
awarded on the basis of demonstrated financial need-there are no
academic, athletic or merit-based awards, and we meet the full need of
every student, including international students, for all four years.
In December of 2007, President Drew Faust announced a sweeping overhaul
of financial aid policies designed to make Harvard College more
affordable for families across the income spectrum. Over the past decade
we have increased our scholarship aid by 155%, and this year we are
awarding a record-breaking $137 million in need-based scholarship
assistance to almost 60% of our students.
Our new financial aid policy has dramatically reduced the amount
families with incomes below $180,000 are expected to pay, and parents of
families with incomes below $60,000 are not expected to contribute at
all to college costs. We no longer consider home equity as a resource in
our determination of a family contribution, and students are not
expected to take out loans, which have been replaced by need-based
Harvard scholarship. This new program has reduced the cost to middle
income families by one-third to one-half, making the price of a Harvard
education for students on financial aid comparable to the cost of
in-state tuition and fees at the nation's leading public universities.
For a more detailed explanation of our program, please click here
<http://isites.harvard.edu/icb/icb.do?keyword=k51861&pageid=icb.page2440
23> . 
We look forward to working with you,
The Harvard Financial Aid Office
 
 
More at http://www.fao.fas.harvard.edu/icb/icb.do
 
 
 
 
 
Dr. William A. Howe
State Title IX Coordinator/Civil Rights Compliance
CT State Department of Education
Bureau of Accountability & Improvement - new
165 Capitol Avenue, Room 221 - new
Hartford, CT 06106 - new
Phone: (860) 713-6752  - new
Fax: (860) 713-7035  - new
email: william.howe at ct.gov
 
SDE website: http://www.sde.ct.gov/sde <http://www.sde.ct.gov/sde> 
Multicultural Education
<http://www.sde.ct.gov/sde/cwp/view.asp?a=2681&q=320458>  - website
Title IX, Sexual Harassment
<http://www.sde.ct.gov/sde/cwp/view.asp?a=2681&q=320472>  - website


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