Word: hfai
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...self-fulfilling prophecy by refusing to apply.”Total applications hit record highs this year at Penn, Princeton, and Yale—which for the first time topped Harvard in early applicants—though none of the schools scored as large a pool as Harvard. FIE HFAI!Fitzsimmons also said that tweaks to the recruiting efforts for the Harvard Financial Aid Initiative (HFAI) contributed to this year’s dip in applicants. The highly-touted program, introduced by University President Lawrence H. Summers in 2004, exempts families earning under $40,000 from any financial contribution...
Last April, amid the green-and-orange color scheme of Loker Commons, the admissions office held a reception for students admitted to Harvard under the HFAI program. Byerly representatives were on hand to distribute white T-shirts with “HFAI” written across the back in large red letters. A table of crackers and cookies welcomed the couple dozen students milling about, comparing notes on their prefrosh experiences. None had yet accepted Harvard’s offer of admission, but almost all spoke enthusiastically about the opportunity afforded them through the College’s expanded...
...HFAI’S first full admissions season was a successful one. Qualifying students comprise nearly 18 percent of the College Class of 2009, up three percentage points from the previous year. Almost 80 percent of students accepted under HFAI are studying at Harvard this fall...
...will Byerly know that HFAI is working...
...don’t have any number goals, like quotas of any sort,” says Sarah E. Beasley ’99, a senior admissions officer and co-director of HFAI. “We don’t have any definite number that we’re shooting toward.” HFAI was budgeted at $2 million a year, about 2 percent of the College’s total financial aid budget...