Word: hfai
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...admissions office points to the expansion of the Harvard Financial Aid Initiative (HFAI)—which will cover about 25 percent of the incoming class—as well as extensive recruiting efforts as major factors in the College’s high yield rates...
Patrick R. Griffin ’05, once a baseball player under Walsh, now serves as the assistant director of the Harvard Financial Aid Initiative (HFAI). Part of the solution to rectifying the scholarship problem, he says, is changing public perceptions about the climate of the school. Students in general have balked at Harvard based on name and reputation alone, but “in the last 30 years, there’s really been a revolution in what a typical group of Harvard student looks like...
...future at an intimate discussion with about 20 people yesterday evening. Avery, the co-author of “The Early Admissions Game: Joining the Elite,” praised former University President Lawrence H. Summers for overseeing the creation of the Harvard Financial Aid Initiative (HFAI) and Dean of Admissions and Financial Aid William R. Fitzsimmons ’67 for helping end the College’s Early Action program last September. “I think there’s no way we would be here tonight without those two people,” Avery said...
...Admissions Office estimates that 26 percent of the admitted students will be eligible for HFAI, a program that waives the parental tuition contribution 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...