How Harvard's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Harvard University since 2011.

For that period, the average number of students who received grants aid/scholarships is 4,385, which is 43.82 % of all undergraduate students. 278 students which is 2.91% of undergraduate students received federal student loans and the average loan amount is $6,318.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	4,617 (45%)	$37,239	1,113 (11%)	$4,263	332 (3%)	$4,516
2012-13	4,545 (43%)	$38,381	1,073 (10%)	$4,311	306 (3%)	$4,930
2013-14	4,732 (45%)	$38,627	1,374 (13%)	$4,004	426 (4%)	$8,105
2014-15	4,533 (44%)	$39,814	1,204 (12%)	$4,362	522 (5%)	$7,753
2015-16	4,511 (44%)	$41,414	1,174 (11%)	$4,524	364 (4%)	$8,557
2016-17	4,277 (43%)	$44,972	1,049 (11%)	$4,535	179 (2%)	$5,976
2017-18	4,311 (43%)	$47,145	1,084 (11%)	$4,655	186 (2%)	$5,890
2018-19	4,363 (44%)	$49,372	1,150 (12%)	$4,859	156 (2%)	$5,978
2019-20	4,260 (42%)	$52,257	1,140 (11%)	$4,864	189 (2%)	$5,938
2020-21	3,660 (43%)	$49,954	1,073 (13%)	$5,046	136 (2%)	$5,981
2021-22	4,422 (46%)	$55,433	1,285 (13%)	$5,196	259 (3%)	$5,873
Average	4,385 (43.82%)	$44,964	1,156 (11.64%)	$4,602	278 (2.91%)	$6,318

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 939 (56.36 % of students) received grants or scholarships and its average amount is $51,001. It can cover 86.33% of tuition & fees ($59,076).

In addition, 128 (7.73 % of students) students get helped from the students loans (average amount : $7,034).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	1,022 (62%)	$41,555	177 (11%)	$5,118
2012-13	972 (58%)	$41,505	148 (9%)	$6,267
2013-14	922 (56%)	$44,855	119 (7%)	$5,080
2014-15	865 (52%)	$46,508	133 (8%)	$6,225
2015-16	915 (55%)	$48,195	126 (8%)	$6,844
2016-17	932 (56%)	$49,870	155 (9%)	$7,372
2017-18	925 (55%)	$53,545	109 (6%)	$6,430
2018-19	949 (57%)	$55,455	109 (7%)	$5,770
2019-20	944 (57%)	$57,877	113 (7%)	$10,464
2020-21	787 (56%)	$59,840	53 (4%)	$8,799
2021-22	1,094 (56%)	$61,801	167 (9%)	$9,004
Average	939 (56.36%)	$51,001	128 (7.73%)	$7,034

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 284 (17.18 % of students) received Pell (federal) grants and its average amount is $4,825.

In addition, 59 students received State/local government grants/scholarships (3.64 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	294 (18%)	$4,269	208 (13%)	$4,544	64 (4%)	$2,453	1,009 (61%)	$39,754
2012-13	250 (15%)	$4,458	174 (10%)	$3,976	72 (4%)	$2,347	963 (58%)	$39,842
2013-14	274 (17%)	$4,739	202 (12%)	$5,150	61 (4%)	$2,430	922 (56%)	$42,157
2014-15	248 (15%)	$4,612	182 (11%)	$5,055	68 (4%)	$2,482	863 (52%)	$44,029
2015-16	266 (16%)	$4,821	190 (11%)	$3,963	69 (4%)	$2,373	910 (55%)	$46,044
2016-17	252 (15%)	$4,659	174 (10%)	$3,954	44 (3%)	$2,729	917 (55%)	$48,524
2017-18	283 (17%)	$4,849	196 (12%)	$3,962	47 (3%)	$2,536	922 (55%)	$51,259
2018-19	305 (18%)	$4,947	194 (12%)	$3,958	50 (3%)	$2,697	945 (57%)	$53,138
2019-20	282 (17%)	$5,048	218 (13%)	$4,016	59 (4%)	$2,709	942 (57%)	$55,389
2020-21	306 (22%)	$5,367	209 (15%)	$5,980	56 (4%)	$2,540	785 (56%)	$56,127
2021-22	366 (19%)	$5,305	214 (11%)	$3,973	61 (3%)	$2,817	1,091 (56%)	$59,255
Average	284 (17.18%)	$4,825	196 (11.82%)	$4,412	59 (3.64%)	$2,556	934 (56.18%)	$48,683

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 12 years, on average, 128 (7.73 % of students) get any students loan help and its average loan amount is $128.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	177 (11%)	$5,118	49 (3%)	$4,237	148 (9%)	$4,718
2012-13	148 (9%)	$6,267	44 (3%)	$4,028	127 (8%)	$5,908
2013-14	119 (7%)	$5,080	42 (3%)	$4,546	92 (6%)	$4,496
2014-15	133 (8%)	$6,225	53 (3%)	$5,333	95 (6%)	$5,740
2015-16	126 (8%)	$6,844	41 (2%)	$4,858	104 (6%)	$6,376
2016-17	155 (9%)	$7,372	50 (3%)	$5,133	131 (8%)	$6,764
2017-18	109 (6%)	$6,430	42 (2%)	$4,951	90 (5%)	$5,477
2018-19	109 (7%)	$5,770	33 (2%)	$5,099	95 (6%)	$4,849
2019-20	113 (7%)	$10,464	43 (3%)	$5,071	95 (6%)	$10,151
2020-21	53 (4%)	$8,799	37 (3%)	$5,180	34 (2%)	$8,080
2021-22	167 (9%)	$9,004	71 (4%)	$5,104	128 (7%)	$8,916
Average	128 (7.73%)	$7,034	46 (2.82%)	$4,867	104 (6.27%)	$6,498

Scholarships, Grants, and Loan Trends at Harvard

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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