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Article: Harvard to boost aid, even to those of higher incomes - Aims to simplify process
- Article from:
- The Boston Globe (Boston, MA)
- Article date:
- December 11, 2007
- Author:
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Copyright informationCopyright 2007 The Boston Globe. (Hide copyright information)
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Harvard University announced yesterday it would sharply increase
assistance for middle- and higher-income families, using an
uncommonly simple formula designed to strip away confusion about
financial aid and reduce the sticker shock over tuition.
Beginning next fall, families earning $120,000 to $180,000 a year
will be required to pay, on average, no more than 10 percent of
their income. Harvard will also eliminate loans in financial aid
packages, replace them with grants, and remove home equity in
determining a family's assets.
The changes propel a trend among some elite colleges, including
Princeton University, Williams, and Amherst, to make college less
expensive for middle- and ...
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Article: Top Ivies, MIT, Stanford change financial aid packages for students
University Wire;
October 15, 1998 ;
502 words
......Princeton, Yale and Harvard universities have...changes in their financial aid packages as have...Yale Director of Financial Aid Donald Routh said...schools." This fall Harvard announced a change...Furstenburg added. The financial aid initiatives taken by Princeton, ...
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