Harvard Financial Aid Initiative (HFAI)
The Harvard Financial Aid Initiative (HFAI), announced by university President Lawrence Summers in March 2004, aims to reduce economic barriers to attending Harvard College by significantly expanding financial aid benefits to low and moderate income families. Students have long been admitted to Harvard regardless of their family's financial circumstances. They are chosen on the basis of their outstanding academics extracurricular, and personal qualities, with the hope that they will bring to Harvard the widest possible diversity of life experiences and intellectual perspectives.
There is no separate application process for the HFAI. Interested students, including transfers and international students, should instead apply to Harvard through the regular application process by the established deadlines, filling out all applicable financial aid forms. While there is an application fee, waivers are easily available upon request. Harvard College considers students for admission without regard to their ability to pay, guaranteeing to meet the full financial need of every student who qualifies for aid. Accepted students who qualify under the new initiative will therefore automatically benefit should they choose to attend Harvard.
Further information on this program can be found at: