Financial Aid
Harvard University Merit Scholarships and Financial Aid
Harvard University reports almost no merit aid: 4 first-year students without financial need received it, averaging $4,728.
Merit aid
Scholarships Harvard University gave to first-year students who had no financial need.
Average merit award
$4,728
Freshmen who got one
4
of 1,638 in the class
Share of those without need
1%
who received merit aid
Need-based aid
For first-year students the college found to have financial need.
Average need-based grant
$72,749
Average percent of need met
100%
Freshmen with need
57%
932 students
The average total aid package, which can include loans and work-study, was $75,166.
How to read these numbers
- Merit aid is awarded for grades, scores, or talent. Need-based aid is awarded for family finances. A student can receive both.
- The merit figures count only students with no financial need, so they show what a family that will not qualify for need-based aid can expect.
- A grant does not have to be repaid. A package can include loans, which do.
Frequently asked questions
Does Harvard University give merit scholarships?
Harvard University reports almost no merit aid: 4 first-year students without financial need received it, averaging $4,728.
Does Harvard University meet full financial need?
Harvard University reports meeting 100% of need on average for first-year students who were awarded need-based aid.
What share of Harvard University freshmen have financial need?
932 of 1,638 first-time, full-time freshmen, or 57%, were found to have financial need.
Source: Harvard University’s own Common Data Set 2025-26, Section H, for first-time, full-time freshmen. Last checked 2026-10-08. These are averages for one entering class, and some colleges report the prior year’s class in this section. Your own offer depends on your family’s finances and your application.