The annual total list price cost to go to Harvard was $46,278 for the 2015/2016 academic year. The cost is the same for all students regardless of Massachusetts residence status as there is no in-state discount.
Tuition for Harvard University is $41,632 for the 2015/2016 academic year. This is 60% more expensive than the national average private non-profit four year college tuition of $26,024. The cost is $12,394 and 42% more expensive than the average Massachusetts tuition of $29,238 for 4 year colleges. Tuition ranks 64th in Massachusetts amongst 4 year colleges for affordability and is the 21st most expensive 4 year college in the state. Price does not vary by residence.
The school charges an additional fees of $3,646 in addition to tuition bringing the total effective in-state tuition to $45,278.
On campus room and board is provided by the school at a cost of $15,381 per academic year. Students electing to live off campus elsewhere in Cambridge should budget at least this amount.
The estimated annual cost for books and supplies is $1,000.
All price data are reprinted from the U.S. Department of Education's 2015-2016 and 2014-2015 IPEDS Survey and represent reported costs for the 2015-2016 and 2014-2015 academic years.
|Massachusetts Resident Total Cost||$46,278|
|Room and Board||$15,381|
|Books and Supplies||$1,000|
|Non-Resident Total Cost||$46,278|
|Room and Board||$15,381|
|Books and Supplies||$1,000|
Depending on many factors including student and parent income and assets, the total cost of attendance may be less than the $46,278 published price if scholarship or grant aid is made available to you.
The net out-of-pocket total cost you end up paying or financing though student loans is known as the net price. The reported Harvard net price for in-state students $15,095* for the 2014/2015 academic year. This net price includes housing and meal expenses.
56% of Harvard University students received grant aid in 2014/2015. The average total aid amount was $44,855. 17 percent of students received aid in the form of Pell Grants from the U.S. Federal Government. The average Pell Grant awarded for 2014/2015 was $4,739. To apply for a Pell Grant to attend Harvard University, the first step is to fill out the Free Application for Federal Student Aid (FAFSA).
|Financial Aid Summary|
|Average Annual Net Price||$15,095*|
|Percent of Students Receiving Grant Aid||56%|
|Average Total Grant Aid||$44,855|
|Percent of Students Receiving Pell Grants||17%|
|Average Amount of Pell Grant Aid||$4,739|
The average net total cost of attendance for different levels of family income after federal, state or local government, institutional grant and scholarship aid are awarded. Data last published for the 2014/2015 academic year.
|Family Income||Avg. Net Price|
|$0 to $30,000||$2,473|
|$30,001 to $48,000||$3,866|
|$48,001 to $75,000||$6,310|
|$75,001 to $110,000||$21,958|
CollegeCalc has estimated typical coverage of the annual in-state tuition and living expenses of $46,278. Breakdown is based on average grant aid and federal loan aid which will vary based on your family income.
Money granted to you by the U.S. Department of Education, Harvard University or other organizations. These are not loans and do not need to be repaid.
Low interest student loans funded by the U.S. Department of Education. This amount will need to be repaid.
Covered by family savings, work or private student loans which you will have to repay.
*Reported Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's Academic Year 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.
Note that for colleges with no reported on-campus room and board, the average net price has been increased to account for living expenses. This number may not only reflect the net price paid to the school for tuition.
To make a comparative assessment if Harvard is worth the price, measures of it's relative value for tuition dollar can be examined. We've calculated an academic national percentile rating of 99/100 for Harvard University. Considering an average net price paid of $18,277, this leads to an overall value ranking of 84/100. This places the school 11th on our national Best Value Colleges ranking as a provider of a very high value education compared to actual overall price paid.
|School||Cost vs. Harvard University|
|Massachusetts Institute of Technology||11.5% more expensive|
|Tufts University||18.9% more expensive|
|Boston College||16.6% more expensive|
|Franklin W. Olin College of Engineering||8.1% more expensive|
|Wellesley College||11.8% more expensive|
When considering ability to pay for college, the annual cost is often discussed but it's the "all in" multi-year degree cost which matters in the end. Let's take a look at what it could really cost for four years at Harvard University.
At the current published rates, an estimated total tuition, fees and living expense price for a 4 year bachelor's degree at Harvard is $185,112 for students graduating in normal time. This methodology for estimating the 4 year cost is a straight multiple of the most recent reported annual total cost and does not factor in tuition increases during the time you're in school. It also assumes you receive no grant or scholarship aid and pay the full list price.
A potentially more accurate but less conservative estimate of a degree cost can be made by using the school's annual $18,277 in-state net price as the basis. Applying this cost over 4 would estimate the cost of a degree at $73,108**
If you end up on the "five year plan" and need an additional year to graduate, your five year cost could be as high as $231,390 or $91,385 using an average net price.
**Based on a 4 year multiple of Average Annual Net Price for students receiving grant or scholarship aid reported to the U.S. Department of Education's 2014-2015 IPEDS Survey. Financial aid is only available to those who qualify. Consult this school's net price calculator for further understanding of your potential net price.
Most colleges don't charge students on an annual basis but instead require payment semester by semester. If you ever need to take an additional semester of classes to complete you degree you shouldn't have to pay for a full academic year. These our estimated costs for a semester at Harvard University.
|Massachusetts Resident Tuition Per Semester||$20,816|
|Massachusetts Resident Total Cost Per Semester||$23,139|
Some schools offer the ability to take single classes by paying on a per credit hour basis. The reported price per credit hour and estimated cost for one class at Harvard University are as follows. Per credit costs are for reference only as many schools will not allow students to pay by credit hour.
|Price per credit hour||$1,301|
|Cost for one class (3 credit hours)||$3,903|
|Cost for one class (4 credit hours)||$5,204|
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The second consideration after understanding the cost of college is determining how to finance it. Some students are fortunate enough to have some form of family financial assistance, but student loans end up financing a significant portion of higher education in the U.S. 3% of Harvard University students receive U.S. Federal Student Loans with an average annual Federal Loan aid amount of $4,546. The reported average student debt upon graduation is $12,560.
How much are student loan payments for Harvard University? Obviously this varies based on a number of factors - offsetting financial aid you receive, percentage of fee you pay upfront while enrolled and the interest rate on your loans. We've modeled a sample student loan based on current Stafford loan rates to give you an approximate idea.
The following are the costs for a loan if you borrowed $73,108, 100% of the estimated average net price for a four year program and paid nothing while enrolled. The total of all payments including interest would sum $90,036.10. This could be your effective total out of pocket cost of an education at Harvard University. Note that this calculation assumes you don't pay full list price tuition, are part of the reported 56% of students at this school who receive financial aid and you are paying an average annual net price of $18,277. If you do not financially qualify for a reduced net price, your student loan payments could be significantly higher than this example. Use our Harvard University student loan calculator below to change loan assumptions and recalculate.
Student loans are not free money and must be repaid. You cannot dismiss student loans by via bankruptcy.
|Monthly Loan Payment||$750.30|
|Number of Monthly Payments||120|
|Total Interest Cost||$16,928.10|
|Sum of All Payments over 10 years||$90,036.10|
Can I afford to attend Harvard? In the end, the answer comes down a determination if you will earn enough to comfortably pay back a student loan with your post graduation salary. This is an extremely important point to consider. In order to afford student loan payments and still meet all your other costs of living, it is recommended not to borrow more than you can pay back using 10% of your monthly income earned after graduation. If you're considering attending Harvard University, you need to carefully consider if it will be realistic to make the post graduation loan payments based on your expected salary.
Using the 10% of salary threshold, an annual income of $90,036.10 would be needed to afford a $750.30 monthly payment in the example $73,108.00 loan modeled above. You will need to determine if it is at all realistic that you will be earning this type of salary after graduation. This assumes a loan payback over 10 years. You can change the terms of this example loan using the student loan calculator below.
What will it cost to send your child to Harvard University in the future? In the past four years, this school's published in-state tuition and fee total rose from $36,305 to $41,632. This amounts to an average annual price increase of 3.7%. Nationally, university tuition prices are rising around 5% per year. Looking out five, ten, fifteen or eighteen years, these are CollegeCalc's estimates how much you could expect to pay for a 4 year degree assuming tuition increases at the national average rate. Estimated future prices are based on the current 4 year cost of $185,112.00. Use the college savings plan calculator below to perform a more comprehensive analysis on future costs and how much you will need to save for Harvard University.
|Annual||4 Year Degree|
|Estimated Cost in 5 years for students enrolling in 2021||$63,643||$254,572|
|Estimated Cost in 10 years for students enrolling in 2026||$81,226||$324,906|
|Estimated Cost in 15 years for students enrolling in 2031||$103,668||$414,671|
|Estimated Cost in 18 years for students enrolling in 2034||$120,008||$480,034|
What was tuition at Harvard five, ten, fifteen or twenty years ago? Hop into our time machine and take a look. Pay attention to how aggressive the school has been with price increases the past as it provides indication as to how the school may raise tuition in the next few years if you enrolled. Historical tuition and fees for all available data years back to 1988 follows.
We've compared the out of state cost of the most popular undergraduate areas of study at Harvard University to the national average for all other colleges offering the same major. Use this comparison to determine particular programs where this school offers value relative to other colleges.
|Area of Study||Graduates||vs National Avg|
|Economics, General Bachelor's Degree||209||10% costlier|
|Psychology, General Bachelor's Degree||93||22% costlier|
|Social Sciences, General Bachelor's Degree||86||28% costlier|
|English Language and Literature, General Bachelor's Degree||81||22% costlier|
|Evolutionary Biology Bachelor's Degree||74||10% cheaper|
|Cell/Cellular and Molecular Biology Bachelor's Degree||63||9% costlier|
|Applied Mathematics, General Bachelor's Degree||59||10% costlier|
|History, Other Bachelor's Degree||58||11% costlier|
|History and Philosophy of Science and Technology Bachelor's Degree||47||11% cheaper|
|Engineering Science Bachelor's Degree||38||3% costlier|
|Computer Science Bachelor's Degree||36||17% costlier|
|Chemistry, General Bachelor's Degree||34||18% costlier|
|Visual and Performing Arts, General Bachelor's Degree||26||20% costlier|
|Art History, Criticism and Conservation Bachelor's Degree||25||0% costlier|
|Environmental Studies Bachelor's Degree||19||1% costlier|
|Classics and Classical Languages, Literatures, and Linguistics Bachelor's Degree||17||7% cheaper|
|Comparative Literature Bachelor's Degree||15||11% cheaper|
|Biochemistry and Molecular Biology Bachelor's Degree||15||1% cheaper|
|Religion/Religious Studies Bachelor's Degree||14||4% costlier|
|Mathematics, General Bachelor's Degree||13||20% costlier|
|Linguistics Bachelor's Degree||13||0% cheaper|
|Liberal Arts and Sciences, General Studies and Humanities, Other Associate's Degree||12||109% costlier|
|Liberal Arts and Sciences/Liberal Studies Bachelor's Degree||12||23% costlier|
|Atomic/Molecular Physics Bachelor's Degree||11||14% costlier|
|German Language and Literature Bachelor's Degree||5||5% costlier|
|Bioengineering and Biomedical Engineering Bachelor's Degree||4||4% cheaper|
|Astrophysics Bachelor's Degree||3||13% cheaper|
|East Asian Studies Bachelor's Degree||2||13% cheaper|
|Biochemistry Bachelor's Degree||2||6% costlier|
|Neurobiology and Anatomy Bachelor's Degree||2||17% cheaper|
|Sociology Bachelor's Degree||2||19% costlier|
|Physics, General Bachelor's Degree||1||12% costlier|
|English Language and Literature/Letters, Other Bachelor's Degree||1||6% costlier|
|Near and Middle Eastern Studies Bachelor's Degree||1||17% cheaper|
|Philosophy Bachelor's Degree||1||9% costlier|
|History, General Bachelor's Degree||1||20% costlier|
|Women's Studies Bachelor's Degree||1||4% costlier|
|Anthropology Bachelor's Degree||1||9% costlier|
|Romance Languages, Literatures, and Linguistics Bachelor's Degree||1||14% cheaper|
|Political Science and Government, General Bachelor's Degree||1||18% costlier|
|Geology/Earth Science, General Bachelor's Degree||1||19% costlier|
|Statistics, General Bachelor's Degree||1||9% costlier|
|Slavic, Baltic and Albanian Languages, Literatures, and Linguistics Bachelor's Degree||1||14% cheaper|
|Music, General Bachelor's Degree||1||19% costlier|
|African-American/Black Studies Bachelor's Degree||1||4% costlier|
|Sanskrit and Classical Indian Languages, Literatures, and Linguistics Bachelor's Degree||1||25% cheaper|
Use the calculators below to formulate a college savings plan for Harvard University or model a student loan.
Harvard University is a four year private college located in Cambridge, Massachusetts. Full time enrollment is 20,430 and part time is 8,361. For the 2011/2012 school year, the school received 34,295 applicants. 2,045 were admitted and 1,654 enrolled.
Students attending this school may pursue both undergraduate and graduate degrees.Address
Harvard University is a private not for profit institution.
Harvard University cost and financial aid data source: U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=166027 IPEDS survey data.