Harvard Expands Financial Aid, Offering Free Tuition for Families Earning Up to $200,000

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

The new financial aid policy will enable approximately 86% of U.S. families to qualify for financial support at Harvard College.
Students from families earning $100,000 or less will have tuition, housing, food, health insurance, and travel costs fully covered, along with additional $2,000 grants in their first and junior years.
Families earning between $100,000 and $200,000 will receive free tuition, with additional aid available for billed expenses.
Harvard's financial aid budget for the 2025-2026 academic year is set at $275 million, funded by its $50 billion endowment.
The expansion builds on Harvard's decades-long financial aid initiatives and aligns with efforts to increase accessibility and diversity following the Supreme Court's 2023 affirmative action ruling.