<p>New</a> Financial Aid Initiative shows solid 'early' results
More financial aid students admitted</p>
<p>The above article would make it seem as though the Harvard Financial Aid Initative has been a great sucess, more than doubling the number of low income applicants accepted in this year's EA round. </p>
<p>However.. some simple math (data from the article):</p>
<p>(43 low-income EA acceptances) / (885 total EA acceptances)</p>
<p>gives us a paltry 4.8% acceptance rate for low income students!! By way of comparison, the overall acceptance rate of the EA round was approx. 21%!</p>
<p>So what gives? Does Harvard really support low income applicants - or is it more talk than anything else? As a fee-waiver applicant, I'm rather bummed to see these depressing numbers!</p>