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Sep 11, 2009

Harvard Financial Aid Initiative (HFAI)

Students from families with incomes less than $60,000 who are accepted
to Harvard under regular admissions policies have no expected parent
contribution for their education. Additionally, families with incomes
between $60,000 and $80,000 have seen their expected parent
contributions significantly reduced. Financial aid is available to all
students based on assessed need. Families with incomes up to $180,000
have an average expected parent contribution of 10% or less of their
income and many families in even higher income brackets may also
receive substantive financial aid.

Who is eligible for HFAI?

To be considered under HFAI, students must apply to and gain admission
to Harvard College. However, admission to Harvard is based on
achievement and promise without regard to financial need; the
financial paperwork is handled separately, and applying for financial
aid does not jeopardize a student's chances for admission. The
application fee normally associated with admissions can also be waived
upon request in yet another effort to facilitate the initiative’s
goals.

http://www.admissions.college.harvard.edu/financial_aid/hfai/index.html

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