Word: financialaid
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...Harvard's increasing yield allowed it totake its time when formulating its new financialaid offerings. In the meantime, Harvard made itclear to admitted students that it would respondto competitive aid offers on a case-by-case basis...
...When we were on the road in September andOctober [the people we talked to] felt thefinancial aid program was attractive andreinforced the idea that Harvard had a financialaid program that was competitive with many,"Fitzsimmons said...
With the recent changes to student financialaid awards, some students are quitting theirwork-study jobs. According to Homer, of thestudents affected by the new awards, half haveresponded so far and one-third of these have usedtheir awards to offset work-study expectationsrather than loans...
According to Miller, this record number ofrequests was met with between $750,000 and $1.5million in extra spending on financialaid--bidding money that no one could find in theFAS budget at the beginning of February...
...semester, everyone involved with financialaid changes has stressed that Harvard was beingcircumspect instead of stubborn--scared that aknee-jerk policy change would be impractical ortoo expensive for the long term...