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Rank: 14

Harvard University

Cambridge, MAwww.harvard.edu
Harvard is probably the school most synonymous with the Ivy League. 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 at the top of most professions, ranging from music (cellist Yo-Yo Ma) to politics (President Barack Obama) to law (Supreme Court Chief Justice John Roberts). Harvard can also be surprisingly affordable. Some 70% of students get financial aid, and the 20% of the student body who come from families earning less than $65,000 a year get free rides. As a result, most Harvard students graduate debt-free. Alumni make an average of $72,600 three years after graduating, according to PayScale, and this clearly motivates students: Harvard boasts a six-year graduation rate of 96%. Harvard fields 42 Division I sports teams that have won more than 140 championships in total. The campus gears up for football and tailgating at the much-ballyhooed annual game against rival Yale. Another fun 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 houses -- one of which features a guinea pig room.
costs
Est. Full Price 2019-2020
$72,700
% of students who get any grants
43%
Est. price for students who receive aid
$18,200
Average price for low-income students
N/A
admissions
Acceptance rate
5%
Median SAT/ACT Score
1530/34
SAT/ACT required?
Yes
Enrollment
7,532
Financial Aid
% of students with need who get grants
100%
% of need met
100%
% of students who get merit* grants
N/A
Average merit grant
$20,064
student success
Graduation rate
96%
Average time to a degree
4.1 years
Average student debt
$6,100
Average salary within 3 years
$72,600
% 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, Opportunity Insights.

* 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, Opportunity Insights.

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