<p>is it true that if one's income is less than 40,000, the family won't have to contribute anything toward their tuition/room/board??</p>
<p>That's partially true. If your family makes less than $40,000, then your parents won't have to contribute anything. You still will (about $1800).</p>
<p>This student contribution won't require you to sign a check for $1800. You might only have to pay part of it, or some of it might be in loans, grants, work study, etc.</p>
<p>How much financial aid does Harvard give out? And does anyone happen to know how easy it is to get scholarships from Harvard U?</p>
<p>Well once you get through the hard part, getting in, if you qualify for need based aid you'll get what you need.</p>
<p>It also assumes you have no significant capital assets, house, farm, savings, etc.</p>
<p>Yes, this is true... The student will only be expected to contribute a few thousand a year which can be done by work-study, or by an outer-job... Harvard has billions of dollars and they want to make their classes diverse and offer admission to those who are low income... I mean, really, how can people expect people who MAKE 40,000 a year contribute 40,000 to a college each year? People who are poor and have the same stats/ecs/recs/essay's etc as a rich person should be rewarded, if anything, for their hard work and self-motivation.</p>