News

When Professors Speak Out, Some Students Stay Quiet. Can Harvard Keep Everyone Talking?

News

Allston Residents, Elected Officials Ask for More Benefits from Harvard’s 10-Year Plan

News

Nobel Laureate Claudia Goldin Warns of Federal Data Misuse at IOP Forum

News

Woman Rescued from Freezing Charles River, Transported to Hospital with Serious Injuries

News

Harvard Researchers Develop New Technology to Map Neural Connections

Loan Policy Increases Acceptances

By Kevin Shaw

More middle income students decided to attend Harvard last year than in previous years, and it appears that a loan program introduced two years ago to ease the financial burden on those students may be the cause, R. Jerrold Gibson '51, director of the Office of Fiscal Services, said yesterday.

Studies have shown that students from middle-income families, with earnings in the $22,000 to $37,000 range, are less likely to choose to attend Harvard than students from families in other income brackets, William R. Fitzsimmons '67, director of Admissions, said yesterday.

Up Six

The number of middle-income students choosing to attend Harvard rose by six per cent last year, the first year during which the new loan plan was in effect, Gibson said.

The program enables parents to stretch college term bill payments over an eight year period.

Eligibility

Most students eligible for the loans are unable to qualify for Harvard's financial aid program.

Brenda L. Sparks '81, a participant in the loan program, said that although the loan is helpful it did not greatly influence her decision to attend Harvard.

Want to keep up with breaking news? Subscribe to our email newsletter.

Tags