Cost of attending Harvard to rise by 3.9 percent

The cost of attending Harvard College will rise by 3.9 percent for the 2014-2015 academic year, the school has announced. The total price for undergraduates — including tuition, room and board, and other fees — will rise from $56,407 to $58,607, a $2,200 increase. About 70 percent of students will receive some form of financial aid, including about 20 percent who are not expected to pay anything at all, the college said. Students from families with an annual income of $65,000 or less, who make up about 20 percent of the student body, are allowed to attend for free. Students from families earning $65,000 to $150,000 annually are expected to contribute up to 10 percent of their income, with those earning more than $150,000 paying more than 10 percent.

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