Financial Aid
Harvard, Other Ivies Accused of Violating Federal Antitrust Law in Financial Aid Lawsuit
Harvard and dozens of other elite private universities were accused of violating federal antitrust law by collaborating on a financial aid strategy in a federal class-action lawsuit.
HL Central Awards New Scholarship to 1L Student to Celebrate Group’s 25th Anniversary
HL Central — an unofficial nonprofit student organization at Harvard Law School — has pledged at least $500,000 to fund a $25,000 annual scholarship for one incoming first-year student over the next 20 years.
Class of 2028 Results Will Offer the First Clues About Harvard’s Post-Affirmative Action Admissions
When Harvard College admits the Class of 2028 on Thursday, the admissions data released by the College might raise more questions than it answers about whether the fall of affirmative action and a prolonged crisis stemming from the University’s response to the Oct. 7 attack on Israel have changed Harvard’s appeal to prospective students.
Harvard College Announces $2,000 ‘Launch Grants’ for Low-Income Juniors
Harvard College will provide $2,000 “launch grants” to low-income students in the fall of their junior year, according to a press release published Thursday.
‘Urgent Action’ Required: Harvard GSAS Report Recommends Changes to Financial Aid, Advising
A Thursday report by a faculty working group at Harvard’s Graduate School of Arts and Sciences characterized the school’s financial aid, advising framework, and admissions practices as “no longer sufficient” in an era of rising living costs and increased competition with other universities.
‘You Can’t Eat Prestige’: Graduate Students and Teaching Fellows Strike Over Financial Aid Cuts
In March 1973, about 700 members of Harvard’s Graduate Students and Teaching Fellow Union braved four days of sub-zero temperatures to protest the newly introduced Kraus Plan, which ultimately reduced financial aid for graduate students.
For Second Year in a Row, Harvard College Expands Financial Aid as Cost of Attendance Rises 3.5 Percent
Harvard College plans to increase tuition and expand financial aid for the 2023-24 academic year, raising the threshold for cost-free attendance to $85,000 a year, according to a press release Thursday.
Harvard Law School Announces Expansion to Low Income Protection Plan
Harvard Law School announced an expansion to the Low Income Protection Plan, a debt-assistance program for alumni pursuing public interest careers.
HKS Students Petition for Need-Based Fee Waivers and Emergency Financial Aid
Harvard Kennedy School students advocated for need-based application fee waivers and the establishment of emergency funds for students with unexpected expenses in a letter sent to the school’s dean, Douglas W. Elmendorf, Wednesday.
Financial Aid or Financial Burden? Harvard Law School Alumni Say the School’s Low Income Protection Plan Falls Short
LIPP aims to reduce the burden of student debt by subsidizing loan repayments for graduates pursuing public interest jobs — but students and alumni maintain that LIPP fails to sufficiently support graduates.
Harvard Business School Covers Full Tuition for 10 Percent of Students
The Harvard Business School rolled out a new financial aid program earlier this month that covers the full cost of tuition for about 10 percent of its MBA students.
Harvard CFO Says the University’s Revenues Have ‘Rebounded’ to Pre-Pandemic Levels
Vice President for Finance and Chief Financial Officer Thomas J. Hollister said the University’s revenues have “rebounded” to pre-pandemic levels, placing Harvard in a “healthy” financial condition, in an interview last Thursday.
Since the Harvard Kennedy School Overhauled its Financial Aid Team, Students Say Services Have Suffered
The Harvard Kennedy School restructured its admissions and financial aid teams in 2021, laying off almost all of its enrollment services staff. But the restructuring, more than a dozen students said, has often left them in the dark about the state of loans, financial aid, and other basic student services.
Patriots Owner Robert Kraft Donates $24 Million to Harvard Business School
The Kraft family, which owns the New England Patriots, donated $24 million to Harvard Business School earlier this month to establish the Robert K. Kraft Family Fellowship Fund, which will be the largest endowed fellowship fund at the school.
Harvard Law School Students and Alumni Advocate for Inflation-Adjusted Financial Support
More than a hundred Harvard Law School Students and Alumni signed onto a letter last week calling on the school to adjust its Low Income Protection Plan to rising inflation rates.
Harvard Divinity School Will Increase Stipend Amounts for Scholarship Packages This Fall
The Harvard Divinity School will increase its stipend payouts for need-based and merit scholarship packages beginning this fall.
With Return to Campus, Low-Income Students Navigate Finding Jobs
As students return to somewhat normal life on campus, many must search for employment — a task that students interviewed said has proven especially challenging this fall.
FGLI Students Celebrated in Inaugural First-Gen/Next Gen Graduation Ceremony
Harvard held its inaugural First-Gen/Next Gen Graduation Ceremony on May 23, a special commencement celebration honoring the achievements of graduating students across the University who are first generation, low income, undocumented, DACA or TPS recipients, or mixed-status.
Financial Aid Director Clarifies Aid Policies As Students Face Changing Financial Circumstances
Harvard College financial aid representatives shed light on the process for requesting additional aid amid changing financial circumstances for students during the Covid-19 pandemic.
Harvard Affiliates Troubled by Biden’s Stance on Student Loan Debt
Harvard students reacted with disappointment and frustration after President Joe Biden said on Feb. 16 he would not forgive more than $10,000 in federal student loan debt per borrower, singling out Harvard as an institution whose students did not require debt relief.
Harvard Kennedy School Students Reiterate Calls for Need-Based Financial Aid System
At the pandemic's start, Kennedy School students advocated for need-based financial aid. Months later, they say the school’s response is still not enough.
College Launches Scholarship Program for Summer School Courses
Harvard College announced the launch of a scholarship application for Harvard Summer School courses Tuesday morning.
Harvard Law School Dean Reduces Salary Due to Coronavirus's Financial Toll
Harvard Law School Dean John F. Manning ’82 announced in an April 14 email to the Law School that he will reduce his salary for the coming year due to the financial crisis caused by the coronavirus pandemic.
Harvard Has The Largest University Endowment in the World. CFO Hollister Says It Has Its Limits.
As the coronavirus pandemic devastates the global economy, Vice President for Finance and Chief Financial Officer Thomas J. Hollister said in a Thursday interview that administrators will seek to balance the University’s long-term financial welfare with its need for immediate financial support when utilizing the school’s endowment.