Since outside awards are additional resources that reduce your financial need, they cannot be used to replace your parent contribution. If you have outside awards that exceed your term-time work expectation the remaining amount would replace an equal amount of Harvard scholarship.First to replace the term-time job expectation.We will consider your outside awards as a part of your overall financial aid funding.įunds from outside awards are incorporated into your financial aid package in two steps: Since the intent of these awards is that they be used for educational purposes, you must report them to Harvard and apply them toward your college expenses. Like many of our students, you may receive scholarship funds from sources outside Harvard, such as secondary schools, civic organizations, your parental employers, corporations, the National Merit Scholarship Programs, VA Benefits, and the ROTC. Scholarships and Grants from Outside Harvard These awards do not affect your term-time work expectation. If you are a Massachusetts resident, you may also be eligible for a state Gilbert Grant, which is awarded on the basis of need. In a typical year, roughly 17% of Harvard College students are Pell Grant recipients. Within 10 days of filing your FAFSA, you will receive a Student Aid Report indicating your eligibility for a Pell Grant. Pell Grants and SEOG are awarded by the federal government and administered by our office, based on financial need.
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Your eligibility is determined by the information you provide in your Free Application for Federal Student Aid (FAFSA). citizen or permanent resident, you may be eligible for a Federal Pell Grant or a Supplemental Educational Opportunity Grant (SEOG). We report to many of these donors annually using the information students share with us over the summer. The Faculty of Arts and Sciences Scholarship program includes more than 2,000 individual endowment and gift funds, established by generous alumni and donors, including a transformational $150 million gift from Ken Griffin ‘89. Scholarship funds come from a variety of sources, including Harvard endowment funds, gifts from alumni, general tuition revenues, and federal and state grants. Your remaining need will be covered by scholarship funds which are grant-based and never need to be repaid.Then we factor in student employment and any outside awards you’ve received.First we determine your award by establishing your parent contribution.Parent and student loans are also available for interested families.īecause Harvard is committed to affordability, our scholarships are designed to cover 100% of your demonstrated financial need. This may include scholarship funds and student employment, as well as any awards you’ve earned from outside sources. When you qualify for financial aid from Harvard, we use a combination of resources to create an individualized aid package to meet your demonstrated need.
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