The standard student budget establishes the annual limit on financial aid (grants and loans from all sources) available to each student under ordinary circumstances. The HLS Financial Aid Committee, which includes faculty, students and administrators, considers Bureau of Labor Statistics data in conjunction with local area rental rates and student-reported living expenses to arrive at a reasonable budget that allows for a moderate standard of living for all students.
Standard Student Budget (9-Month)
| 2014-15 | 2015-16 | |
| Tuition | $ 54,850 | $57,200 |
| Room/Board/Personal Allowance | $20,722 | $21,373 |
| Mandatory HUHS Student Health Fee | $992 | $1,042 |
| Waivable Harvard University Student Health Program (HUSHP) Fee | $2,366 | $2,390 |
| Books and Supplies Allowance | $1,250 | $1,275 |
| Travel Allowance | $1,500 | $1,500 |
| Stafford Loan Fees | $220 | $220 |
| ________ | ________ | |
| Total Budget | $81,900 | $85,000 |
Note: International students do not pay Stafford Loan Fees. The travel allowance for international students is increased by an equivalent amount to produce the same total budget.
Books and Supplies Expenses
The Financial Aid Committee anticipates that some first-year students will spend more than the allowance for books and supplies, because book costs for first year students are typically higher than those for second and third year students. Moreover, book costs for the first semester of the first year are typically higher than those for the second semester. The Committee believes that the Books and Supplies Allowance is sufficient to cover these costs for most first year students, but some students may find that they need to allocate some funds from their Room/Board/Personal allocation to meet their book and supply costs.
Personal Living Expenses
The standard 2014-15 budget includes a nine-month Room/Board/Personal expense living allowance of $20,722, which works out to a monthly allowance of $2,302. We intentionally do not provide our interpretation of how this amount of money should be broken down across various expense categories. This is a highly personal decision; therefore, we leave it to you to allocate this allowance among your living and other expenses based on your particular needs and priorities. Enrollment in the Dental Insurance plan is optional but recommended for HLS students, and students may choose to allocate a portion of the Room/Board/Personal allowance in the standard student budget toward enrollment in this plan. Fee-for-service dental options are also available through Harvard University Health Services Dental Services. Please note that enrollment in the dental plan and the higher cost of books and supplies for some first year students may necessitate allocating a small portion of the Room/Board/Personal Allowance toward these expenses, and therefore may leave a lower remaining monthly allowance for living expenses.
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