Dean of the Faculty of Arts and Sciences Jeremy R. Knowles has announced that for the 2000-01 academic year, Harvards package of undergraduate tuition, room and board, and student fees will increase by 2.9 percent, to $33,110. This marks the ninth consecutive year in which the rate of increase has declined; the percentage increase is the lowest since 1968.
Harvard continues to devote major institutional funds to undergraduate financial aid more than $52 million in direct grants in 1999-2000 so that a Harvard College education remains affordable for students from every socioeconomic background. Nearly half of all students who attend Harvard receive scholarship grants, and more than two-thirds receive some form of financial aid. The success of the recently concluded University Campaign has allowed Harvard to contain tuition increases and to continue its policies of need-blind admissions and need-based financial aid.
The breakdown of costs for 2000-01 is: tuition, $22,694; room and student services, $5,879; board, $3,792; health fees, $745.