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Scholarships may have a financial need component but rely on other criteria as well. Some private need-based awards are confusingly called scholarships and require the results of a FAFSA (the family's EFC). However, scholarships are often merit-based, while grants tend to be need-based. Some examples of grants commonly applied for in the U.S.:
As of 2024, Harvard College tuition was about $57,000 and total costs about $83,000. [26] However, Harvard offers one of the most generous financial aid programs in the United States, with need-blind admission and 100% of financial need met for all students. Families with incomes below $85,000 pay nothing for their children to attend, while ...
Harvard College competes in the NCAA Division I Ivy League conference. The school fields 42 intercollegiate sports teams, more than any other college in the country. [109] Harvard and the other seven Ivy League universities are prohibited from offering athletic scholarships. [110] The school color is crimson. [111]
A study released this month from the Harvard-based research group Opportunity Insights found that students from higher-income backgrounds are more likely to apply early to highly selective and Ivy ...
In the U.S., a grant is given on the basis of economic need, determined by the amount to which the college's Cost of Attendance (COA) [6] [7] exceeds the Expected Family Contribution (EFC), [8] calculated by the U.S. Department of Education from information submitted on the Free Application for Federal Student Aid following formulas set by the United States Congress.
In the United States, schools with large financial aid budgets—typically private, college-preparatory boarding schools—tend to offer either need-blind admission or a commitment to meet the full demonstrated need of the U.S. citizen students that they admit (as determined by the schools' respective financial aid departments). Certain schools ...