Harvard College Financial Aid

Starting in the 2025–2026 academic year, Harvard University will offer:

• Free Tuition for Families Earning ≤ $200,000: Students from families with annual incomes up to $200,000 will not pay tuition.

• Full Coverage for Families Earning ≤ $100,000: Students from families earning $100,000 or less will have tuition, housing, food, and other expenses fully covered.

• No Loans Required: Financial aid packages include scholarships (grants), student employment opportunities, and any potential outside awards. Loans are not required but are available for interested families.

• Student Contribution: Students are expected to contribute through term-time work to cover personal expenses. MIT Financial Aid

MIT's financial aid program is designed to meet 100% of demonstrated financial need:

• Tuition-Free for Families Earning ≤ $200,000: Most students from families earning under $200,000 annually do not pay tuition.

• Zero Parent Contribution for Families Earning ≤ $100,000: Families with incomes below $100,000 and typical assets have a $0 parent contribution.

• No Loans Required: Financial aid packages primarily consist of MIT Scholarships (grants that do not need to be repaid) and student employment opportunities.

• Student Employment: Students may have a suggested work expectation, typically around $3,400 per academic year, which can be earned through term-time employment. Other Universities with Similar Financial Aid Packages

Several other U.S. universities offer generous, need-based financial aid, often covering full tuition and additional costs without requiring loans:

• Princeton University: Offers free tuition, room, and board for families earning up to $100,000 annually.

• Yale University: Provides need-based aid meeting 100% of demonstrated financial need, with no loans required.

• Stanford University: Waives tuition, room, and board for families earning under $65,000, and tuition for those earning under $125,000.

• Dartmouth College: Offers free tuition for families earning up to $125,000 and replaces loans with scholarships in financial aid packages.

• Columbia University: Provides tuition-free education for students from families with incomes below $150,000.

• Cornell University: Offers aid packages without loans for families earning under $60,000.

• Duke University: Provides loan-free financial aid packages for families earning under $40,000.

• Rice University: Offers full tuition scholarships for families earning up to $140,000, and full tuition, fees, room, and board for those earning under $75,000.

• Williams College: Provides loan-free financial aid packages for families earning under $75,000.

These institutions strongly commit to making higher education accessible by reducing or eliminating the financial burden on students and their families.

Feel free to ask if you need assistance estimating your expected family contribution or have questions about applying for financial aid at these or other universities.