2,032 admitted to Class of ’16
Letters and email notifications of admission to Harvard College were sent today to 2,032 students, 5.9 percent of the applicant pool of 34,302. Admitted students have until May 1 to accept their offers. More than 60 percent of the families of students admitted to the Class of 2016 who will enter this coming August will benefit from an unprecedented $172 million in undergraduate financial aid, paying an average of only $12,000 per year for tuition, room, board, and fees combined. Beginning in 2004, Harvard announced a series of dramatic increases in undergraduate financial aid, and since 2007 has increased aid by more than 78 percent. Approximately 20 percent of families, those with normal assets making $65,000 or less annually, are not required to contribute at all. Families with incomes up to $150,000 will pay from zero to 10 percent of their income, unless they have significant assets beyond income. Depending on individual family...