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...Class of 2012, which will enter next fall, is the most economically diverse in Harvard’s history—one of the admissions office’s stated goals. As of early May, 55 percent of the incoming freshman class are expected to be on financial aid, an increase from from 49 percent the previous year...
This school year has been one of great transition for Harvard. While the University saw the beginning of a new era with the installation of President Drew G. Faust, the College has undergone a radical change in admissions policy, a huge expansion of financial aid, and a revamped curriculum. While The Crimson was generally optimistic about the College’s new programs, we turned a critical eye to their implementation, as well as to inept bureaucratic attempts to tamper with existing structures...
While the Gen Ed program suffered from a lack of publicity, Harvard’s new financial aid initiative was showered with media attention. And for good reason: The program is a major step forward in eliminating socioeconomic barriers to attending college. The initiative—which limits annual tuition payments to no more than 10 percent of income for families making between $120,000 and $180,000 annually—allows families in that bracket to save several thousand dollars in tuition payments per term. Other aspects of the initiative demonstrate a sensitivity to college life for students receiving...
Despite these shortcomings, the central administration has excelled in one notable area this year: financial aid. Most remarkable was the December expansion of financial aid, which eliminated loan-based aid in favor of grants, stopped including home equity in loan calculations, and guaranteed that families making from $120,000 to $180,000 would pay only 10 percent of their income to send a child to college. This program will benefit students as well as the university as a whole, allowing it to recruit and admit students that would be otherwise unable to attend. The trend toward expansion of financial aid...
...past year after Benedict H. Gross ’71 stepped down.During a time of University-wide administrative transition, Pilbeam stepped in to keep the College on track—presiding over the early stages of the implementation of the General Education curriculum, the creation of a sweeping financial aid increase, and plans for a $1 billion House renewal project.But in answering a call of duty to the University, the 68-year-old from the English coast became the conveyer of a number of unpopular decisions, including the end of the Undergraduate Council’s alcohol reimbursement program...