Word: hfai
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...group of 2,058 was picked from 22,955 applicants, and represents the most socioeconomically and racially diverse group accepted to Harvard—an increase Dean of Admissions William R. Fitzsimmons ’67 attributes to Harvard Financial Aid Initiative (HFAI) and minority recruitment efforts...
...phone interview, Fitzsimmons attributed the increasing diversity of the accepted class to the success of the Harvard Financial Aid Initiative (HFAI) and minority recruitment efforts...
...admissions office estimates that 26 percent of the admitted students will be eligible for HFAI, a program that waives the parental contribution to tuition for families earning less than $60,000 a year and significantly lowers the expected parental contribution for families earning between $60,000 and $80,000 a year. Since HFAI was put in place three years ago, the number of accepted students from families with incomes under $60,000 has increased by 34 percent, according to the admissions office...
...fewer Harvard students will have to choose between being able to socialize with friends and buying course books, we support the proposed Course-Cost Assistance Program (C-CAP).Harvard has been a national trendsetter in the area of financial aid. Largely thanks to the nascent Harvard Financial Aid Initiative (HFAI), Harvard’s financial aid budget has mushroomed in recent years, reaching approximately $100 million per year. Families making less than $60,000 are no longer required to make any contribution to their children’s education, while students are expected to contribute $2,000 on a yearly...
...greatest need of financial assistance. Bolstering financial aid programs, on the other hand, distributes aid to those students who need it most. If Harvard were to come across surplus available funds in a given fiscal year for example, the money could be directed to the Harvard Financial Aid Initiative (HFAI) or any number of other funds provided by the Financial Aid Office. In this way, the University could expand its mission of educational accessibility by dedicating available funds to those who would most benefit from them. As tuition costs rise in the United States...