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Article: HARVARD EXPANDS FINANCIAL AID FOR LOW- AND MIDDLE-INCOME FAMILIES
- Article from:
- US Fed News Service, Including US State News
- Article date:
- March 30, 2006
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Harvard University issued the following press release:
Reinforcing its commitment to opportunity and excellence across the economic spectrum, Harvard today (March 30) announced a significant expansion of its 2004 financial aid initiative for low- and middle-income families. Beginning with the class admitted this week, parents in families with incomes of less than $60,000 will no longer be expected to contribute to the cost of their children attending Harvard. In addition, Harvard will reduce the contributions of families with incomes between $60,000 and $80,000.
The new income thresholds build on the program announced two years ago, which provided that families with incomes below $40,000 ...