Harvard University has announced that it will now offer free tuition to students whose families earn $ 200,000 per year.
“Putting Harvard in financial reach of more people is expanding the range of history, experiences and prospects that all our students encounter, promoting their intellectual and personal growth,” Harvard president Alan Mr. Garber said in a statement on Monday.
“By bringing together people from an exceptional promise to learn with each other, we really realize the enormous potential of the university.”
Ivy League University added that families of families earning $ 100,000 or less per year would qualify for housing, food and free health services in addition to school fees covered by the school.
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Harvard University said it would offer free tuition to students whose families earn $ 200,000 or less per year. (Getty Images)
The university said that this decision should “ensure that students admitted can afford their education at Harvard”.
“Our goal is to bring the most promising students to Harvard – the period,” said the press release on the school website.
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Almost all Americans would qualify for free tuition fees at Harvard University with change. (Andrew Lichtenstein / Corbis via Getty Images)
“We know that paying for the university is a great concern for many families, and we are committed to making an education at Harvard – and the opportunities that are accompanied for more students than ever.”
Senator Bernie Sanders, I-VT., Commented the announcement and said that more schools were to follow Harvard’s move.
“10 years ago, when I presented a bill to make colleges and public universities without tuition fees, it was called” radical “. Not today.
“Now we have to extend this idea to all public colleges and universities.”
The enlarged program would allow around 86% of families in the United States to qualify for the financial assistance of the Harvard College, announced the school, adding that it has extended “its commitment to provide each undergraduate student admitted the resources they need to register and graduate”.
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Harvard said 86% of Americans would qualify for free tuition fees. (Maddie Meyer / Getty Images)
In addition, family students with income of more than $ 200,000 per year will also be eligible for financial aid.
The average annual tuition fees for a student in Harvard are $ 56,550, but with the chamber, advice and health services, he left $ 83,000.
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“We know that the most talented students come from different horizons and socioeconomic experiences, from each state and around the world,” said William R. Fitzsimmons, dean of admissions and financial aid of the Harvard College. “Our financial aid is essential to ensure that these students know that the Harvard College is a place where they can be part of a dynamic learning community reinforced by their presence and their participation.”
Harvard added that he had granted more than $ 3.6 billion in undergraduate financial assistance since the launch of the Harvard Financial Aid Initiative in 2004.
Stepheny Price is a writer for Fox News Digital and Fox Business. It covers subjects, including missing people, homicides, cases of national crime, illegal immigration, etc. History advice and ideas can be sent to Stepheny.price@fox.com