Word: scholarships
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Twenty years ago federal scholarship aid, including Pell grants, represented nearly twenty percent of the College's scholarship budget. Today federal scholarship aid accounts for less than six percent of the College's scholarship program. In other words, as the needs of Harvard's scholarship students have risen, the College, not the federal government, has borne the full cost of meeting those increased needs...
...students received less Pell Grant assistance each year than they did the previous year--and the College bridged the gap using its own resources. I might gently remind the editors that during this extended period of Pell decreases there were no campus editorials calling for students to receive less scholarship money because of reduced Pell authorizations...
This year's changes to the College's aid programs are unprecedented. The scholarship budget has been increased by more than twenty percent to $53 million annually, the entire increase funded by Harvard's resources. The initiatives announced by Dean Knowles in September accomplish precisely what your editorial calls for; substantially lower debt burdens, freedom and flexibility for students to pursue unpaid internships and time-consuming extracurriculars and opportunities for students to focus more on educational experiences and less on finances. If we had relied solely on increases in federal scholarship aid to fund the initiatives they simply would...
...Task Force generously contributed funds for the Library's renovation," reads the plaque, which rests in the Lamont entryway. "In commemorating the opening of the library's doors to women undergraduates in 1967, the alumnae of the Task Force look confidently to Lamont as a place of learning and scholarship for the entire Harvard College community for generations to come...
...financial aid office was once again inundated with calls from admitted students and their parents," Fitzsimmons said. "Last year around 47 percent were on scholarship aid. It certainly appears we will be at least in that range...