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Rank: 16

Harvard University

Cambridge, MAwww.harvard.edu
Harvard is probably the school most synonymous with the Ivy League, and its prestigious reputation is well-deserved. Students enjoy access to the largest university library in the world as well as some of the most illustrious faculty members, including Nobel-prize winning economist Alvin Roth and cognitive scientist Steven Pinker. Harvard alumni are well-represented in the top of most professions, ranging from music (cellist Yo-Yo Ma) to health (physician Andrew Weil) to law (Supreme Court Chief Justice John Roberts). Harvard can also be surprisingly affordable. Its generous financial aid program gives full rides to the 20% of students from families earning less than $65,000 a year. Families earning up to $150,000 pay no more than 10% of their income. As a result, the vast majority of students graduate debt-free. Alumni make an average of $69,800 in yearly earnings three years after graduating, according to PayScale, and this clearly motivates students. Harvard boasts a cumulative graduation rate of just over 97%. Harvard fields 42 Division I sports teams and gears up for football and tailgating at the much-ballyhooed annual game against rival Yale. One key aspect of Harvard life is its residential system. On Housing Day each spring, costumed upperclassmen storm the freshmen dorms with gongs and other props to tell students of their randomly assigned placements into one of the school's 12 upper class houses.
costs
Est. Full Price 2018-2019
$71,300
% of students who get any grants
44%
Est. price for students who receive aid
$17,400
Average price for low-income students
$3,300
admissions
Acceptance rate
5%
Median SAT/ACT Score
1520/34
SAT/ACT required?
Yes
Enrollment
13,844
Financial Aid
% of students with need who get grants
100%
% of need met
100%
% of students who get merit* grants
0%
Average merit grant
$23,954
student success
Graduation rate
97%
Average time to a degree
4.1 years
Average student debt
$6,500
Average salary within 3 years
$69,200
% of low-income students who become upper middle class
58%
key deadlines
Early decision application
N/A
Regular application
Jan 1

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

* Share of full-time undergraduates who had no financial need and were awarded grants.

Sources: U.S. Department of Education, Peterson's, PayScale.com, MONEY/College Measures calculations, Equality of Oppourtunity Project.

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