<p>Here is the information on the Harvard site, about financial aid.</p>
<p>[Harvard</a> College Admissions § Financial Aid: Harvard Financial Aid Initiative](<a href=“http://www.admissions.college.harvard.edu/financial_aid/hfai/index.html]Harvard”>http://www.admissions.college.harvard.edu/financial_aid/hfai/index.html)</p>
<p>The limit is now $150,000 for family income, and it is assessed at 10%. Assets are also assessed, but I don’t know the formula. Students are assessed at 5%, I believe, as opposed to 10% for parents.</p>
<p>Musical talent has nothing to do with scholarships. Scholarships are only need-based. However, musical talent can often help a student get in to Harvard.</p>