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Harvard to Offer Free Tuition for Families Earning Up to $200,000

Starting in the 2025-2026 academic year, Harvard will expand financial aid to cover all costs for families earning $100,000 or less and make tuition free for those earning up to $200,000.

People walk through the gate on Harvard Yard at the Harvard University campus on June 29, 2023 in Cambridge, Massachusetts.
A pedestrian walks through Harvard Yard at Harvard University, Wednesday, Feb. 26, 2025, in Cambridge, Mass. (AP Photo/Charles Krupa)
Harvard Yard at the Harvard University campus on June 29, 2023 in Cambridge, Massachusetts.
A passerby poses for a photo with a Harvard tour group and the statue of John Harvard in the background on Harvard Yard, on the first day of the fall semester at Harvard University in Cambridge, Massachusetts, U.S., September 3, 2024. REUTERS/Nicholas Pfosi/File Photo

Overview

  • Harvard's expanded financial aid program will benefit approximately 86% of U.S. families, beginning in the 2025-2026 academic year.
  • Families earning $100,000 or less will have all billed expenses covered, including tuition, housing, food, health insurance, and travel costs.
  • Students from families earning $100,000 or less will also receive a $2,000 start-up grant in their first year and a $2,000 launch grant in their junior year.
  • The initiative follows similar financial aid expansions by institutions like MIT and the University of Pennsylvania, and comes after the Supreme Court's ruling against affirmative action.
  • Harvard will allocate $275 million for financial aid in the upcoming academic year, supported by its over $50 billion endowment.