Does Harvard Stack Aid?

Colleges and Universities A-Z Harvard University
1

<p>Just want to know, so I know if it's worth my time or not to apply to outside scholarships.</p>

2

<p>All Harvard Financial Aid is based upon on need; they do not offer merit aid. With regards to outside scholarships, see: <a href=“Types of Aid | Harvard”>https://college.harvard.edu/financial-aid/types-aid/outside-awards&lt;/a&gt;&lt;/p&gt;

3

<p>@gibby do all financial aid offers have a work study and a summer contribution component? </p>

4

<p>Yes, all students on financial aid are required to contribute to the cost of their education through summer and term-time employment: <a href=“Types of Aid | Harvard”>https://college.harvard.edu/financial-aid/types-aid&lt;/a&gt;. For example, my daughter’s freshman year, her financial aid award included a Term-Time Work Expectation of $3400 ($1700 per semester) and Summer Earnings of $2550. Those amounts can be reduced by having your outside awards replace the money you would have to earn over the course of the year or over the summer. If, after applying your outside awards against your summer and term-time employment, you still have money remaining from outside awards, your Harvard Scholarship based upon need (free money from the university) will be reduced dollar-for-dollar against the balance of your outside awards.</p>

5

<p>@gibby ok, thank you for explaining this to me!</p>

6

<p>@gibby I have another question lol. If I win a huge one-time scholarship that covers my work study and summer contribution for one year with some money left over, can the remaining money be put towards work study and summer contribution for the following years?</p>

7

<p>No, one-time outside awards are applied against your freshman year, they are not prorated for future years. However, for your freshman year, any remaining money (after summer and term-time job) can go toward the one-time purchase of a computer and peripherals (I believe up to $2,000) – then all remaining money must be applied against scholarship money for your freshman year. This does not apply to RENEWABLE outside awards, which are disbursed in the years given and applied against your sophomore, junior or senior summer and term-time job expectations.</p>