The university’s new financial aid policy could make it more accessible than some public colleges for many families.

In November, MIT announced that students whose families make less than $200,000 will be able to attend tuition-free this fall. Similarly to Harvard, students whose families make less than $100,000 will pay nothing at all. Those income limits are from previous limits of $140,000 and $75,000 respectively.

The free tuition plan goes into effect for the 2025-2026 school year and it was developed to make attending Harvard more affordable, especially for those