Starting in Fall 2025, Harvard College will offer a completely free education—including housing—for students whose families earn $100,000 or less annually.
Additionally, undergraduate students from families earning up to $200,000 per year will now attend tuition-free.
This major expansion of Harvard’s financial aid program, announced this week, marks a huge step toward making the University truly affordable for low- and middle-income families.
With this update, around 86% of U.S. families will qualify for financial assistance at Harvard College, reaffirming the nearly 400-year-old institution’s longstanding promise to provide access to all deserving students.
“Harvard has always aimed to welcome the most talented students, regardless of their financial situation,” said Dean Hopi Hoekstra.
In 2004, Harvard launched the Harvard Financial Aid Initiative, covering the full cost of tuition, housing, and food for families earning $40,000 or less.
“By gathering exceptional students together to learn from and with one another, we fulfill the incredible promise of Harvard,” said Garber. »