Anonymous
Post 03/17/2025 15:03     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:I wonder what the net price would be for someone making 250k or right outside the limits. Does it jump up from free to 60k+ or is there an incremental increase?

Assets also matter. Need-based aid at top privates is never, ever only about income.

Use Harvard's Net Price Calculator if you would like to see an estimate.
Anonymous
Post 03/17/2025 14:52     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

I wonder what the net price would be for someone making 250k or right outside the limits. Does it jump up from free to 60k+ or is there an incremental increase?
Anonymous
Post 03/17/2025 14:47     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:“Typical assets” at Harvard is 200k
00

Yes, and maybe even lower. So the deal of tuition free for <$200k income is more of a marketing thing than a real benefit for families making $150k-$200k.
Anonymous
Post 03/17/2025 14:37     Subject: Re:Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

I do think schools should have to say it’s more than just if make less than $150k. I get schools say it bc sounds good for marketing reasons, but would be more appropriate to say less than 150k and assets less than $X, which would be more fair disclosure.
Anonymous
Post 03/17/2025 14:27     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


Look, we can't help you if you're too lazy to fill out a form.


Net Price Calculator has you include all savings, retirement, dividends, homes, other real estate… if have 5MM net worth, think you’d be responsible to pay in full. Otherwise, all richy richy would just forego or defer salary for 4 years to not have to pay for the 4 years of college and then start salary back up after kid graduates.


So between now and when first DC would go to college I have reason to buy a LOT of stuff then to get my net worth down! Challenge accepted!!


You need to consume it, not just buy it.

And the overhead cost of doing so is more than just paying the tuition.


Easier to do than think to buy bunch of worthless stuff!

Question- what happens when divorced and if court order says parents will split college cost? Do schools say “student family can pay in full” if 1 parent has lots of $ or do they look at each parent separately so 1 amount for parent who is crazy rich and other amount for parent who has no savings and makes say <$50?

Most generous private universities consider the income and assets of both parents in determining financial need. How the parents figure out who is paying what will be up to the parents.
Anonymous
Post 03/17/2025 14:18     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


Look, we can't help you if you're too lazy to fill out a form.


Net Price Calculator has you include all savings, retirement, dividends, homes, other real estate… if have 5MM net worth, think you’d be responsible to pay in full. Otherwise, all richy richy would just forego or defer salary for 4 years to not have to pay for the 4 years of college and then start salary back up after kid graduates.


So between now and when first DC would go to college I have reason to buy a LOT of stuff then to get my net worth down! Challenge accepted!!


You need to consume it, not just buy it.

And the overhead cost of doing so is more than just paying the tuition.


Easier to do than think to buy bunch of worthless stuff!

Question- what happens when divorced and if court order says parents will split college cost? Do schools say “student family can pay in full” if 1 parent has lots of $ or do they look at each parent separately so 1 amount for parent who is crazy rich and other amount for parent who has no savings and makes say <$50?
Anonymous
Post 03/17/2025 14:16     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:Costs are going up. Inflation continues. Of course financial aid will also go up.

Interesting that Harvard felt the need to announce this, as if it's a change from business-as-usual.


So weird that they didn't keep it a secret. Now they'll be stuck with all these extra applicants who think Harvard is affordable.
Some of them might even be accepted (need blind, oops!) and lose Harvard a bucket of money!
Sad!
Anonymous
Post 03/17/2025 14:15     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


Look, we can't help you if you're too lazy to fill out a form.


Net Price Calculator has you include all savings, retirement, dividends, homes, other real estate… if have 5MM net worth, think you’d be responsible to pay in full. Otherwise, all richy richy would just forego or defer salary for 4 years to not have to pay for the 4 years of college and then start salary back up after kid graduates.


So between now and when first DC would go to college I have reason to buy a LOT of stuff then to get my net worth down! Challenge accepted!!


With the smarts you're demonstrating here, and the assumption that nature plays a significant part in your kid's aptitude, I'd say your DC's chance of getting into Harvard is vanishingly small. Come to think of it, you aren't doing so hot in the nurture department, either.

TL;DR - don't worry about that Harvard charges, it won't be an issue for you.
Anonymous
Post 03/17/2025 14:15     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


i don't know the answer, but you are not the target audience.

NW 5 million, no free ride for you.
Anonymous
Post 03/17/2025 14:13     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


No. You are very wealthy.
Anonymous
Post 03/17/2025 14:11     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:Penn has the same deal, limited to families with "typical assets." I'm sure Harvard will be the same.


"Typical" for Americans, NOT "typical" for Ivy League students.

Anonymous
Post 03/17/2025 14:10     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


Look, we can't help you if you're too lazy to fill out a form.


Net Price Calculator has you include all savings, retirement, dividends, homes, other real estate… if have 5MM net worth, think you’d be responsible to pay in full. Otherwise, all richy richy would just forego or defer salary for 4 years to not have to pay for the 4 years of college and then start salary back up after kid graduates.


So between now and when first DC would go to college I have reason to buy a LOT of stuff then to get my net worth down! Challenge accepted!!


You need to consume it, not just buy it.

And the overhead cost of doing so is more than just paying the tuition.
Anonymous
Post 03/17/2025 14:08     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Debatable details aside, it's great to see the cartel smashed and schools competing on price.
Anonymous
Post 03/17/2025 13:56     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:Costs are going up. Inflation continues. Of course financial aid will also go up.

Interesting that Harvard felt the need to announce this, as if it's a change from business-as-usual.


Many families assume that the school is too expensive and don't allow kids to even bother applying to schools that are 90K annually, not realizing how financial aid works at schools with healthy endowments.


We aren't applying as we cannot afford that.
Anonymous
Post 03/17/2025 13:56     Subject: Harvard Will Make Tuition Free for Students of Families Making Less Than 200K

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Do they look at your NW?

Of course they look at assets via the CSS Profile. Use their Net Price Calculator.


Never use it yet. Would NW 5 million, Income < 200K qualify? Ballpark.


Look, we can't help you if you're too lazy to fill out a form.


Net Price Calculator has you include all savings, retirement, dividends, homes, other real estate… if have 5MM net worth, think you’d be responsible to pay in full. Otherwise, all richy richy would just forego or defer salary for 4 years to not have to pay for the 4 years of college and then start salary back up after kid graduates.


So between now and when first DC would go to college I have reason to buy a LOT of stuff then to get my net worth down! Challenge accepted!!