Harvard University announced on Monday it will be offering free tuition to all students whose families make less than $200,000 per year despite previously announcing it had halted hiring due to financial concerns.
This move comes as the university said on March 10 that it was putting a pause on all hiring due to the Trump administration cutting federal indirect research funding to schools. The free tuition will take effect in the 2025-26 academic year and applies to all undergraduate students at the university.
All students whose families make less than $100,000 a year will also receive free food, housing, health insurance and travel costs to attend the university, as well as two $2,000 installments throughout their studies, according to a university announcement.
“Putting Harvard within financial reach for more individuals widens the array of backgrounds, experiences, and perspectives that all of our students encounter, fostering their intellectual and personal growth,” Harvard president Alan Garber said in the announcement. “By bringing people of outstanding promise together to learn with and from one another, we truly realize the tremendous potential of the University.”
Harvard rakes in approximately $1.4 billion annually from student costs, according to 2024 financial records, and has an endowment of over $53 billion. […]
— Read More: dailycaller.com
