LYCOS RETRIEVER
Harvard University: Families
built 134 days ago
Harvard is boosting help further than the poorest families to a broad swath of middle-class ones. Beginning subsequently fall, the school will limit the quantity that families earning $120,000 to $180,000 a year wait for contributing, to a standard of 10 percent of yearly earnings. Families earning less would make payment smaller percentages. Harvard as well will drop loans for increased grants and will no longer count home fairness in calculating help.
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Reinforcing its commitment to opportunity and excellence across the economic spectrum, Harvard today (March 30) announced a significant expansion of its 2004 financial aid initiative for low- and middle-income families. Beginning with the class admitted this week, parents in families with incomes of less than $60,000 will no longer be expected to contribute to the cost of their children attending Harvard. In addition, Harvard will reduce the contributions of families with incomes between $60,000 and $80,000.
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The conference was co-sponsored by Leading for Life/Harvard AIDS Institute and the Kaiser Family Foundation. Leading for Life was launched in 1996 with The Harvard AIDS Institute, the W.E.B. Du Bois Institute for African American Studies, the Kaiser Family Foundation and others, to call attention to the disproportionate number of AIDS cases in African Americans, raise awareness among leadership and outline specific steps to stop the increasing spread of HIV.
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