Finance Strategic Planning and Budget Processes: Harvard Thesis

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Strategic planning and budget processes: Harvard University


Harvard is fairly balanced in terms of its gender breakdown. Of its 6,678 undergraduates 51% are women and 49% are men. 15% are in-state students, 85% are out-of-state students. Harvard is extremely diverse: only 41% are of White/Non-Hispanic origin, with the next largest group that of Asian/Pacific Islanders, at 19% of the student population (at a glance: Harvard College, 2009, College Board)


About 70% of Harvard students receive some form of financial aid, making the school more affordable than its stated figure of nearly $40,000 yearly tuition might suggest. Nearly 60% of Harvard undergraduates receive need -- based scholarships (Financial aid, 2009, Harvard College Website). Admission to Harvard is need-blind and international students have the same access to financial aid as United States citizens. Financial aid is need-based rather than merit-based. 100% of students with demonstrated financial need have their needs met with a financial aid package (Financial aid, 2009, Harvard College Website). Average indebtedness at graduation was $10,813 (Cost and financial aid: Harvard College, 2009, College Board)

Tuition is assessed in a unique fashion at Harvard. Students with financial need are not required to take out loans, and tuition of needy students is calculated based upon the income of the student's parents. "Parents of financial aid recipients are asked to contribute on average from 0 to 10% of their annual income, with no contribution expected for families with incomes of under $60,000. Those parents with annual incomes of between $120,000 and $180,000 are asked to contribute an average 10% of their income, with a declining percentage -- from 10 to 0 -- for parents with annual incomes between $120,000 and $60,000" (Harvard College Website, 2009, Financial aid). Harvard students also have attractive work study options… [END OF PREVIEW]

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APA Format

Finance Strategic Planning and Budget Processes: Harvard.  (2009, June 21).  Retrieved January 20, 2020, from

MLA Format

"Finance Strategic Planning and Budget Processes: Harvard."  21 June 2009.  Web.  20 January 2020. <>.

Chicago Format

"Finance Strategic Planning and Budget Processes: Harvard."  June 21, 2009.  Accessed January 20, 2020.