Word: loaning
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This is the first time the unit loan has increased since 1995 when it reached $29,400, he wrote...
...Even with a unit loan increase, the HMS scholarship budget continues to experience unprecedented growth—well in excess of our tuition increases,” Boodram wrote...
...student’s financial need must exceed the amount of the unit loan before the student is eligible for scholarship aid through Harvard...
...cost of attending HMS for each student is financed using three components: family contribution, unit loan, and scholarship...
...When the unit loan stays flat, as it has for the last seven years, family contribution and the scholarship budget have to absorb any increases in overall costs,” Boodram wrote in an e-mail. “The unexpected surge in scholarship demand has made it impossible to sustain a $20,000 unit loan given available scholarship resources...