Harvard

[Anonymous]

Anonymous wrote:We are a regular two income family in DMV. Harvard's NPC expects full contribution. I guess Harvard doesn't admit a lot of donut-hole students.

What is your income?

Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances.

https://college.harvard.edu/guides/financial-aid-fact-sheet

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are a regular two income family in DMV. Harvard's NPC expects full contribution. I guess Harvard doesn't admit a lot of donut-hole students.

What is your income?

Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances.

https://college.harvard.edu/guides/financial-aid-fact-sheet

I ran the NPC at Harvard for a DC family with two kids in college and $500,000 in cash and investments and nothing else. The income level for full pay (assuming no income other than wages) was $281,000/year.

If you reduced cash and investments to $100,000, the income level for full pay was about $310,000/year.

Honestly, if you're making $311,000/year and crying about paying for Harvard, I'm not sure what world you've living in.

[Anonymous]

Anonymous wrote:

Anonymous wrote:We are a regular two income family in DMV. Harvard's NPC expects full contribution. I guess Harvard doesn't admit a lot of donut-hole students.

What is your income?

Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances.

https://college.harvard.edu/guides/financial-aid-fact-sheet

..............**c r i c k e t s**..........

[Anonymous]

Anonymous wrote:Kid has the option of opting out when they take it. Mine did.

I did not want her to fall prey to the slickest brochure, so I think it was the smart move.

My kid filled out all that info on the PSAT because I forgot to tell her not to. We were flooded with brochures from colleges my DD will never consider applying to.
I went onto DD's College Board account, and opted her out from all the mailings. You can do it if you search around. They don't make it easy because the College Board makes $$ by selling your child's data.

[Anonymous]

Anonymous wrote:Harvard uses its name to generate revenue.

As many PPs have stated, Harvard sends out those emails and letters to encourage lots and lots of kids who have NO CHANCE of getting accepted to apply.
Those huge piles of applications create Harvard's very low acceptance rate.
If your kid has great stats and a hook or a sport, or something exceptional about him or her, getting into Harvard is still a lottery. Few spots, and many, many highly qualified applicants.
Throw those brochures in the trash if your kid does not have the stats. Applying is a waste of time and money.

[Anonymous]

Anonymous wrote:My DC gets multiple pieces from U of Chicago every week. Also Yale, Princeton and Harvard have sent what I would call actual books, not brochures or pamphlets.

Does DC have the stats (test scores, grades, ECs, full pay, etc) for those schools? Yes, but so do thousands of others. I still think they are sending these materials to DC so that they can receive more applications so they can turn down more students so they can appear even more elite.

Are you questioning H’s integrity? Have you no honor?

[Anonymous]

Anonymous wrote:This could be wrong, but I'm guessing that someone who would ask this question is probably not as familiar with selective college admissions than most DCUM. Perhaps he or she did not attend college, or didn't attend a selective college, or didn't attend a US college. He or she also might dismiss Harvard as too expensive, now knowing that they provide large amounts of financial aid, so that for students from low-income families, Harvard (or similar schools) often turn out to be less expensive than your state school.

Some of Harvard's outreach targets those students. So to the original poster: Look into it. Ask the college counselors at your school, but also don't necessarily depend on them. If your school doesn't send kids to Harvard, the counselors might not know that it's an option.

See: 'No Point in Applying': Why Poor Students Are Missing at Top Colleges
High-achieving low-income students too often don't know that they have a good chance of getting into--and affording--an elite school.

https://www.theatlantic.com/education/archive/2013/09/no-point-in-applying-why-poor-students-are-missing-at-top-colleges/279699/

This is a humane and helpful response.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They cast a wide net, and remember application fees constitute a fabulous revenue source.

I know - that extra $3MM a year they get from application fees makes a huge difference.

For that $80 application fee or so, their computer will weed out the first round, so it's pure revenue for Harvaard.

Yes but for subsequent rounds, admissions staff will extend far more than $80 worth of labor to evaluate individual applications and make final offer and waitlist decisions. The fees from the auto-rejected help pay fir that process. It’s a wash for the school.

Not when they are poring over docs for full pay or close to full pay students. Even if they invest $100 worth of application review, they have a nose for full pay students who are willing to fork over $300,000+ in four years.

You people are making stuff up with no data or evidence, and virtually everything you type is wrong.

Harvard is one of a few schools with endowments so large they could have all students attend free. The lawsuit data showed no preference to full pay, in fact it indicated the opposite. They have ZERO need to do what you suggest, and there is no evidence or testimony supporting it. All we have is your baseless speculation, which is unneeded and unhelpful.

Perhaps, but endowments are given to and belong to specific components. Harvard Business School is not going to be happy with its endowment going to fund free tuition for a Harvard College sociology major.

[Anonymous]

Harvard doesn't offer the best FA among its peer schools (princeton, stanford, MIT, yale) although Yale is worse.

[Anonymous]

DC got these form letters from Yale and Harvard despite opting out of PSAT mailings. And despite being a quadruple legacy at Yale with a sibling currently attending 😂. Assume because we live in a zip code with a high proportion of URM/lower income families.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They cast a wide net, and remember application fees constitute a fabulous revenue source.

I know - that extra $3MM a year they get from application fees makes a huge difference.

For that $80 application fee or so, their computer will weed out the first round, so it's pure revenue for Harvaard.

Yes but for subsequent rounds, admissions staff will extend far more than $80 worth of labor to evaluate individual applications and make final offer and waitlist decisions. The fees from the auto-rejected help pay fir that process. It’s a wash for the school.

Not when they are poring over docs for full pay or close to full pay students. Even if they invest $100 worth of application review, they have a nose for full pay students who are willing to fork over $300,000+ in four years.

You people are making stuff up with no data or evidence, and virtually everything you type is wrong.

Harvard is one of a few schools with endowments so large they could have all students attend free. The lawsuit data showed no preference to full pay, in fact it indicated the opposite. They have ZERO need to do what you suggest, and there is no evidence or testimony supporting it. All we have is your baseless speculation, which is unneeded and unhelpful.

Perhaps, but endowments are given to and belong to specific components. Harvard Business School is not going to be happy with its endowment going to fund free tuition for a Harvard College sociology major.

That’s just a misunderstanding of how the Harvard endowment works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They cast a wide net, and remember application fees constitute a fabulous revenue source.

I know - that extra $3MM a year they get from application fees makes a huge difference.

For that $80 application fee or so, their computer will weed out the first round, so it's pure revenue for Harvaard.

Yes but for subsequent rounds, admissions staff will extend far more than $80 worth of labor to evaluate individual applications and make final offer and waitlist decisions. The fees from the auto-rejected help pay fir that process. It’s a wash for the school.

Not when they are poring over docs for full pay or close to full pay students. Even if they invest $100 worth of application review, they have a nose for full pay students who are willing to fork over $300,000+ in four years.

You people are making stuff up with no data or evidence, and virtually everything you type is wrong.

Harvard is one of a few schools with endowments so large they could have all students attend free. The lawsuit data showed no preference to full pay, in fact it indicated the opposite. They have ZERO need to do what you suggest, and there is no evidence or testimony supporting it. All we have is your baseless speculation, which is unneeded and unhelpful.

Perhaps, but endowments are given to and belong to specific components. Harvard Business School is not going to be happy with its endowment going to fund free tuition for a Harvard College sociology major.

You are responding to a post from 3 years ago.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:They cast a wide net, and remember application fees constitute a fabulous revenue source.

I know - that extra $3MM a year they get from application fees makes a huge difference.

For that $80 application fee or so, their computer will weed out the first round, so it's pure revenue for Harvaard.

Yes but for subsequent rounds, admissions staff will extend far more than $80 worth of labor to evaluate individual applications and make final offer and waitlist decisions. The fees from the auto-rejected help pay fir that process. It’s a wash for the school.

Not when they are poring over docs for full pay or close to full pay students. Even if they invest $100 worth of application review, they have a nose for full pay students who are willing to fork over $300,000+ in four years.

You people are making stuff up with no data or evidence, and virtually everything you type is wrong.

Harvard is one of a few schools with endowments so large they could have all students attend free. The lawsuit data showed no preference to full pay, in fact it indicated the opposite. They have ZERO need to do what you suggest, and there is no evidence or testimony supporting it. All we have is your baseless speculation, which is unneeded and unhelpful.

Perhaps, but endowments are given to and belong to specific components. Harvard Business School is not going to be happy with its endowment going to fund free tuition for a Harvard College sociology major.

You are responding to a post from 3 years ago.

Almost 4.