Free Tuition @ Harvard! Please pass on

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aprovechen!!! FYI: > >Harvard University has announced that from now on undergraduate students from low-income families will pay no tuition. > >In making the announcement, Harvard's president Lawrence H. Summers >said, "When only 10 percent of the students in Elite higher >education come from families in lower half of the income distribution, we are not doing enough. We are not doing enough in >bringing elite higher education to the lower half of the income distribution." > >If you know of a family earning less than $60,000 a year with an >honor student graduating from high school soon, Harvard University >wants to pay the tuition. The prestigious university recently >announced that from now on undergraduate students from low-income >families can go to Harvard for free ... no tuition and no student loans! > >In addition, Harvard announces reduced fees for students from >families with incomes between $60,000 and $80,000. To find out more >about Harvard offering free tuition for families making less than >$60,000 a year visit Harvard's financial aid website at: > >http://www.news.harvard.edu/gazette/daily/2006/03/30-finaid.html > >or call the school's financial aid office at (617) 495-1581. > > >SEND TO SOMEONE WHETHER THEY CAN USE IT OR NOT. THEY JUST MIGHT KNOW >SOMEONE WHO CAN! > >--------------------------------------------------------------------------------------------------------------------------------- > >Harvard expands financial aid for low- and middle-income families > >'There is no more important mission for Harvard and higher education >than promoting equality of opportunity for all,' said Harvard >President Lawrence H. Summers. (Staff file photo Justin Ide/Harvard >News Office) > >Reinforcing its commitment to opportunity and excellence across the >economic spectrum, Harvard today (March 30) announced a significant >expansion of its 2004 financial aid initiative for low- and >middle-income families. Beginning with the class admitted this week, >parents in families with incomes of less than $60,000 will no longer >be expected to contribute to the cost of their children attending >Harvard. In addition, Harvard will reduce the contributions of >families with incomes between $60,000 and $80,000. > >The new income thresholds build on the program announced two years >ago, which provided that families with incomes below $40,000 would >not be expected to contribute to the cost of education, with a >reduced contribution for families with incomes between $40,000 and >$60,000. (See 2004 release) The number of students enrolled at >Harvard from these income brackets increased by 24 percent for the >class entering this past fall - the first full year of the program. > >"There is no more important mission for Harvard and higher education >than promoting equality of opportunity for all," said President >Lawrence H. Summers. "We are fortunate to have significant >resources, and there is no better way to use them than to support >families seeking to provide the best possible opportunities for >their children. These increases in financial aid build on and extend >our emphasis on recruiting students from low-income backgrounds, and >send a clear signal to middle-class families who have all too often >felt that Harvard and other leading universities are out of reach." > >Harvard is also revising its policy on outside awards won by >incoming students, ranging from scholarships provided by local >community groups to programs such as the National Merit and Gates >Millennium Scholarships. Students will now be able to apply these >awards to eliminate their summer savings obligations. Previously, >outside awards could be used to offset the $3,650 self-help >expectation toward the cost of attendance, but did not apply to the >summer savings obligation of $2,150. > >Overall financial aid >"We are very pleased to offer such exceptional financial support to >our undergraduates," said William C. Kirby, dean of the Faculty of >Arts and Sciences, which oversees Harvard College. "Even before >these enhancements, the financial aid budget for next year was >projected at $90 million, a 6.2 percent increase over last year, and >a 65 percent increase over the past six years. This new initiative >will add an additional $2.4 million annually. Although many students >and families might find this hard to believe, Harvard is actually >more affordable for many students than public colleges or universities." > >Two-thirds of Harvard students receive financial aid, and the >average grant award for next year is expected to be more than >$33,000, or 70 percent of the total cost of attendance. In the past >decade, Harvard has reduced the median four-year debt for graduating >seniors from more than $16,000 to $6,400 - less than one-third of >the national average of $20,000. > >Expanding the reach of the 2004 financial aid initiative >"Since its inception two years ago, the financial aid initiative >aimed at families with incomes below $40,000 has had an enormous >impact in attracting students of all backgrounds to Harvard's >applicant pool," said William R. Fitzsimmons, dean of admissions and >financial aid. "The message that Harvard is open to all talented >students continues to resonate and the momentum the program has >created has encouraged students to consider colleges they had never >imagined before." > >Raising the income thresholds for the financial aid initiative to a >level above the median family income in the United States is meant >to address the very real dilemmas felt by families struggling to >balance rising living expenses and the cost of higher education. > >"Our financial aid initiative has been very successful in attracting >students from the lower income ranges, and we see it as an important >step in attracting more students from middle-income families, where >our application rates are lower than they should be," said Summers. >"If there are thousands of highly qualified students not applying to >Harvard, we need to find ways to address that problem. Middle-income >relief is one of the steps we are taking, but we also want to reach >out to these students in other ways." > >In its ongoing effort to attract the best students, Harvard >continues to seek talented students across the nation with intensive >recruiting by the Office of Admissions, faculty, alumni, and a team >of undergraduates. > >"Students who have benefited from the financial aid initiative are >anxious to give back to the program by working with students who >come from similar backgrounds," Fitzsimmons said. "We hope that as >we increase the number of students who benefit from the program, we >will inspire students from every economic background to consider the >full range of our nation's colleges and universities." > >Save the Date for NJAMHA's Annual Conference: > >"Setting the Stage for Mental Health" ~ May 2 - 3, 2007 > >Help us set the stage for the best conference ever! > >Call 609-838-5488 x218 to suggest workshop topics > >or learn about sponsorship opportunities!

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