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8 Takeaways From Harvard’s Task Force Reports
The decision of the Committee on Scholarships and Financial Aid to demand only satisfactory academic standings from scholarship holders was one of the most encouraging Administration actions in recent years. However, another part of the scholarship revision also deserves commendation. The newly allotted annual allowance of $2600 instead of $2250 in estimating college expenses helps remedy a long-standing need.
Scholarship students cannot expect to recreate a Gold Coast style of life at Harvard, but the previous estimate hardly provided a marginal standard of living. Taking into account the tuition increase, the new estimate of $2600 is also not especially realistic; a better estimate of average student expenditure would probably lie in the neighborhood of $3000 a year. It can only be hoped that the Committee will increase its allowance for next year's scholarship applicants by at least another $150.
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