Word: harvardness
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...we’re congratulating you, however, we’d like to remind you of the new realities you’ll face as a Harvard student. The first of these is, of course, tuition. You may have been accepted into Harvard, but, as with any college, the balance on your term bill will determine whether or not you actually get to live within the gates of Harvard Yard. After all, a world-class education does cost money. Tuition increased 3.5 percent this past year—that?...
...that’s not all. You should probably buy textbooks, which can cost hundreds of dollars each semester. You may also want some food to snack on when you’re churning out a paper at 2 a.m., and fortunately overpriced burritos from Harvard Square are always available to substitute the money you’re losing with a few extra pounds. On that note, you may also want to look into a gym membership—it may be expensive, but you have to avoid that freshman fifteen, right...
Fortunately, that school is Harvard. While we’re sure you’ve heard of Harvard’s $26 billion endowment, the majority of it is restricted, so funding for much of what we’ve described depends on unrestricted alumni donations...
This year, nearly 40 percent of the financial aid budget is projected to come from unrestricted funds. Despite the economic downturn, Harvard has continued to expand financial aid, allowing it to take the most talented and diverse student body possible regardless of socioeconomic status. Simply put, Harvard’s ambitious financial aid program could not be sustained without the support of seniors and alumni...
...wondering why we’re talking about alumni giving—after all, you’re not even a student here, let alone an alumnus. But while you’re getting ready to start your four years at Harvard, we’re getting ready to leave. And we depart with the knowledge that Harvard has provided opportunities we couldn’t have gotten anywhere else. Yet we—like the majority of seniors in our class—will graduate debt-free. We know that this...