<p>I just heard that Harvard has a program whereby students earning below 60,000USD dont have to pay any money. My question is does this mean that Harvard gives them a virtual scholarship or that loans will be included in that "free package".</p>
<p>And similarly for students with parents earning below 180,000USD, does it also mean virtually free tuition</p>
<p>I NEED ANSWERS PLEASE</p>
<p>Why do you care?</p>
<p>lol dont mind my username
i really kinda like harvard
but plz i just can you answer my question</p>
<p>I think they mean full scholarship as in “we will pay for everything”. It’s not that hard to imagine this, as their endowment is in the billions.</p>
<p>There is a 2007 article in collegiate times.com, “Harvard offers free tuition to low income…,”. You should be able to google it. It details out some of the numbers for you. I linked to it back in Jan. (But can’t right now because I’m on an iPad…)
The thread was started by "Danny Nobel, and my post is from Jan.</p>
<p>No loans. Under 60k, you will receive a “Harvard Faculty Scholarship” or similar that should cover all of tuition and most of the other extra costs such as food and board, medical insurance, and service fees. There is a student contribution part which you can fulfill by finding a job over the summer, which can take care of the books that you’ll have to pay for and anything that goes over the Scholarship coverage. Over 60k is more complicated, but on average families pay 10% of their income. </p>
<p>This website is pretty helpful, especially if you ever have to try to make sense of all the financial aid details later on when you receive your aid package:</p>
<p>[Harvard</a> College Admissions § Financial Aid](<a href=“http://www.admissions.college.harvard.edu/financial_aid/index.html]Harvard”>http://www.admissions.college.harvard.edu/financial_aid/index.html)</p>
<p>Nearer to 180,000. it depends on your parents’ assets and investments. If your parents only earn upto 180,000.- but own three homes, tons of stocks, as well as a business or farm, then FA will be based on all assets. They also assume that your parents should have saved some money in the past for your college costs. </p>
<p>They do not count the first house as an asset, though.</p>