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Evidence (other than their press release), please? Pell Grant data?
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<p>I'd be glad to. I don't have Pell Grant data (wouldn't know where to find it!) but here are some relevant excerpts from an article detailing characteristics of the matriculating class of 2010:</p>
<p>"The Class of 2010 has set new records for economic, gender, and ethnic diversity. Following a 24 percent increase last year in the number of students eligible for Harvard's new Financial Aid Initiative (HFAI) for low-income families, the HFAI program grew an additional 10 percent this year. "</p>
<p>"Harvard's financial aid program next year will be the most generous in its history with nearly $90 million in scholarships for undergraduates, a 6.2 percent increase over the past year and a 65 percent increase over the past six years. The new Financial Aid Initiative will add an additional $2.4 million annually. Two-thirds of Harvard undergraduates receive some form of financial aid, including scholarships, loans, and jobs. The average total student package will likely be more than $33,000, more than 70 percent of the total cost of attendance."</p>
<p>"Building on the success of HFAI, Harvard announced this week a significant enhancement to its financial aid program, which further expands opportunities for low-income families while offering significant relief to middle-income families as well. The income threshold for families who will not be required to make a parental contribution has been raised from $40,000 to $60,000. The threshold for families who will benefit from a reduced parental contribution has risen from $60,000 to $80,000. In addition, the annual $2,150 summer savings expectation can now be met with scholarship awards from sources outside of Harvard, such as National Merit and the Gates Millennium Scholarship Program. Finally, many colleges have recently made changes in their financial aid programs, some increasing need-based aid for Pell Grant recipients (students from low- and moderate-income families). Students with Pell Grants who receive these more generous financial aid awards elsewhere will have their awards honored by Harvard. All the features of the new financial aid program will be offered to current and future students."</p>
<p>"'We are excited about a new publication created by HFAI students, 'Shoestring Strategies for Life at Harvard,' that will help all students balance their daily expense budgets in Cambridge," said Melanie Brennand Mueller, co-director of HFAI. Added Sarah E. Beasley, HFAI co-director, "We are also happy to see the recent development of a student-to-student HFAI mentoring program as well as a monthly HFAI newsletter.'"</p>
<p>I know the excerpts are rather long but I think they do a good job of illustrating Harvard's commitment to educating students from a range of economic backgrounds.</p>
<p>As for Princeton, I believe it shows even greater commitment to helping lower-income students. Princeton's financial aid packages are notorious on the CC forums. The university only awards grants -- no student loans at all. And as far as I can tell from the experience of friends and members on CC (I myself did not apply to Princeton) they are very generous with their money.</p>
<p>All the excerpts about Harvard was obtained from this article: <a href="http://www.news.harvard.edu/gazette/daily/2006/03/30-admissions.html%5B/url%5D">http://www.news.harvard.edu/gazette/daily/2006/03/30-admissions.html</a></p>
<p>Hope that helps.</p>