Word: aid
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...senior at the Bryn Mawr School, a small all-girls school in Baltimore, Tamberino comes from a single parent family with less than $60,000 in annual income. Under Harvard’s financial aid policy, all of her expenses should be covered...
...brother to private schools because no scholarships are available. Tamberino didn’t want to strain her family’s finances any further, and she said that she was “blown away” when she heard about Harvard’s financial aid program during her junior year, naming it as a key reason she applied...
...Coming from a single income household, I knew that finances would have a tremendous bearing on my college choice,” Tamberino said, calling Harvard’s commitment to financial aid in light of the economic downturn “absolutely thrilling...
Last December, Harvard College implemented a financial aid initiative aimed at upper-middle class families. Under the new program, families making between $60,000 and $120,000 pay from 0 to 10 percent of their total incomes, while those making between $120,000 and $180,000 pay only 10 percent. The new program also eliminated loans and removed home equity from consideration...
...light of the dramatic declines in the stock market and the broader economic recession, Harvard’s commitment to affordability has never been more critical for attracting students from working and middle class backgrounds. As Sally C. Donahue, the College’s director of financial aid, said, the new program “came at just the right time for families who were feeling the pinch...