It costs over $70,000 a year to go to Harvard—but here’s how much students actually pay

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It costs over $70,000 a year to go to Harvard—but here’s how much students actually pay

According to Harvard’s website, tuition costs for the 2019-2020 school year total $47,730, fees are $4,195, and room and board costs $17,682 for a subtotal of billed costs of $69,607.

After estimating personal expenses like text books ($4,193) and travel costs ($0-$4,400), Harvard estimates total billed and unbilled costs of about $73,800-$78,200 per year to attend the prestigious school — up from $71,650-$76,650 the previous year.

But the school reports that about 70% of Harvard students receive some form of financial aid, and claims that students whose parents make less than $65,000 are not expected to contribute any funds, and that “90% of American families would pay the same or less to send their children to Harvard as they would a state school.”

About 55% of Harvard students receive need-based scholarship aid with average grant totals around $53,000.

The school states that families with students who receive scholarship funds pay an average of $12,000 towards their education per year and that students from families that earn between $65,000 and $150,000 typically contribute between 0% to 10% of their income towards the cost of attending Harvard each year.

Harvard, like many other schools, offers a net price calculator to help students estimate how much their families would be expected to pay.

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