Harvard University

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2022 Undergraduate Tuition
$52,659
2.96% growth from 2021
2022 Average Net Price
$19,491
After Financial Aid
2020 Default Rate
0.0563%
on Student Loans
2022 Acceptance Rate
3.24%
61,221 Applicants
2022 Enrolled Students
30,631
69.2% Full-Time
2022 Graduation Rate
97.8%
1,622 Graduates

About

Harvard University is a higher education institution located in Middlesex County, MA. In 2022, the most popular Masters Degree concentrations at Harvard University were General Business Administration & Management (905 degrees awarded), General Education (541 degrees), and General Public Health (346 degrees).

In 2022, 11,075 degrees were awarded across all undergraduate and graduate programs at Harvard University. 52.8% of these degrees were awarded to women, and 47.2% awarded men. The most common race/ethnicity group of degree recipients was white (3,778 degrees), 2.73 times more than then the next closest race/ethnicity group, asian (1,385 degrees).

The median undergraduate tuition at Harvard University is $52,659, which is $22,509 more than the national average for Doctoral Universities ($30,150).

In 2020 the default rate for borrower's at Harvard University was 0.0563%, corresponding to 1 out of the 1775 total borrowers.

About the photo: Emerson Hall in a snowstorm

Costs

In 2022, the median undergraduate tuition at Harvard University is $52,659, which is $22,509 more than the national average for Doctoral Universities ($30,150).

After taking grants and loans into account, the average net price for students is $19,491.

In 2022, 46% of undergraduate students attending Harvard University received financial aid through grants. Comparatively, 3% of undergraduate students received financial aid through loans.

Tuition Costs

$52,659
2022 Undergraduate Tuition

In 2022, the cost of tuition at Harvard University was $52,659. The cost of tuition at Harvard University is $22,509 more than than the overall (public and private) national average for Doctoral Universities ($30,150).

This chart compares the tuition costs of Harvard University (in red) with those of other similar universities.

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Average Net Price

$19,491
2022 Value
40.1%
1 Year Growth

In 2022 Harvard University had an average net price — the price paid after factoring in grants and loans — of $19,491. Between 2021 and 2022, the average net price of Harvard University grew by 40.1%.

This chart compares the average net price of Harvard University (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

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Other Student Expenses

$18,941
Room and Board
$900
Books and Supplies

The average yearly cost of room and board at Harvard University was of $18,941 in 2022. The cost of room and board increased by 33.4% between 2021 and 2022.

During the same period, the average yearly cost of books and supplies was $900. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Harvard University (in red) with that of similar universities.

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Financial Aid by Income Level

46%
Undergraduates Receiving Financial Aid through Grants
3%
Undergraduates Receiving Financial Aid through Loans

46% of undergraduate students at Harvard University received financial aid through grants or loans in 2022. This represents a growth of 6.98% with respect to 2021, when 43% of undergraduate students received financial aid.

This chart compares the average award discount at Harvard University (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

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Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.
0.0563%
2020 Default Rate
1
Number of Defaults

In 2020 the default rate for borrower's at Harvard University was 0.0563%, which represents 1 out of the 1775 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

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Admissions

Harvard University received 61,221 undergraduate applications in 2022, which represents a 5.94% annual growth. Out of those 61,221 applicants, 1,984 students were accepted for enrollment, representing a 3.24% acceptance rate.

There were 30,631 students enrolled at Harvard University in 2022. 55% of first-time enrollees submitted SAT scores with their applications.

Harvard University has an overall enrollment yield of 83%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

3.24%
Acceptance Rate in 2022
1,984
Accepted Out of 61,221

In 2022, the undergraduate acceptance rate of Harvard University was 3.24% (1,984 admissions from 61,221 applications). This is lower than the acceptance rate of 2021, which was 4.01%. Between 2021 and 2022, the number of applicants grew by 5.94%, while admissions declined by 14.4%.

This chart compares the acceptance rate of Harvard University (in red) with that of other similar universities, and the chart below shows the acceptance rate by gender.

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SAT Scores

55%
Submission Percentage (2022)
903
Scores Submitted (2022)

55% of enrolled first-time students at Harvard University in 2022 submitted SAT scores with their applications.

The following chart shows the average SAT scores for the 25th, 50th, and 75th percentile of applicants for each section of the test that they are evaluated on.

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Enrollment

Harvard University had a total enrollment of 30,631 students in 2022. The full-time enrollment at Harvard University is 21,206 students and the part-time enrollment is 9,425. This means that 69.2% of students enrolled at Harvard University are enrolled full-time.

The enrolled student population at Harvard University, both undergraduate and graduate, is 33.2% White, 14.4% Asian, 9.22% Hispanic or Latino, 6.34% Black or African American, 4.31% Two or More Races, 0.193% American Indian or Alaska Native, and 0.124% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Harvard University in full-time Undergraduate programs are most commonly White Male (17.2%), followed by White Female (16.6%) and Asian Female (12.2%). Students enrolled in full-time Graduate programs are most commonly White Female (16.7%), followed by White Male (15.1%) and Asian Female (8.33%).

Full-Time vs Part-Time Enrollment

69.2%
Full-Time Enrollment

The total enrollment at Harvard University in 2022, both undergraduate and graduate, is 30,631 students. The full-time enrollment at Harvard University is 21,206 and the part-time enrollment is 9,425. This means that 69.2% of students enrolled at Harvard University are enrolled full-time compared with 77.4% at similar Doctoral Universities.

This chart shows the full-time vs part-time enrollment status at Harvard University (in red) compares to similar universities.

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Retention Rate over Time

98%
2022 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Harvard University was 98%. Compared with the full-time retention rate at similar Doctoral Universities (84%), Harvard University had a retention rate higher than its peers.

This chart shows the retention rate over time at Harvard University (highlighted in red) compares to similar universities.

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Enrollment by Race & Ethnicity

Most Common Race or Ethnicity (2022)
  1. White
    10,182 enrolled students
  2. Asian
    4,414 enrolled students
  3. Hispanic or Latino
    2,823 enrolled students

The enrolled student population at Harvard University is 33.2% White, 14.4% Asian, 9.22% Hispanic or Latino, 6.34% Black or African American, 4.31% Two or More Races, 0.193% American Indian or Alaska Native, and 0.124% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Doctoral Universities is 47.5% White, 15.5% Hispanic or Latino, and 9.58% Black or African American.

Any student who is studying in the United States on a temporary basis is categorized as a "Non-Resident Alien", and the share of those students are shown in the chart below. Additionally, 2,151 students (7.02%) did not report their race.

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Graduates

In 2022, 631 more women than men received degrees from Harvard University. The most common race/ethnicity group of degree recipients at Harvard University is white (3,778 degrees awarded). There were 2.73 times more white recipients than the next closest race/ethnicity group, asian (1385 degrees).

The most common Masters Degree concentration at Harvard University is General Business Administration & Management (905 degrees awarded), followed by General Education (541 degrees) and General Public Health (346 degrees).

In 2022,  the most specialized majors across all degree types at Harvard University, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Applied Sciences (196 degrees awarded), Legal (840 degrees), and History (228 degrees).

Common Jobs by Major

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Harvard University are Social workers, all other (158,613 people), Lawyers, & judges, magistrates, & other judicial workers (151,985 people), Elementary & middle school teachers (114,057 people), Other managers (113,463 people), and Postsecondary teachers (105,562 people).

The most specialized majors at Harvard University in 2022 are Applied Sciences (196 degrees awarded), Legal (840 degrees), History (228 degrees), Philosophy and Religious Studies (122 degrees), and Public Administration and Social Service (614 degrees) (as of 2022).

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Highest Paying Jobs by Major

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Harvard University are Diagnostic medical sonographers, Surgeons, Cardiovascular technologists and technicians, Securities, commodities, & financial services sales agents, and Magnetic resonance imaging technologists

The most specialized majors at Harvard University are Applied Sciences (196 degrees awarded), Legal (840 degrees), History (228 degrees), Philosophy and Religious Studies (122 degrees), and Public Administration and Social Service (614 degrees) (as of 2022).

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Common Industries by Major

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Harvard University are Elementary & secondary schools (325,321 people), Colleges, universities & professional schools, including junior colleges (203,701 people), Legal services (126,230 people), Computer Systems Design (120,257 people), and Individual & family services (110,663 people).

The most specialized majors at Harvard University are Applied Sciences (196 degrees awarded), Legal (840 degrees), History (228 degrees), Philosophy and Religious Studies (122 degrees), and Public Administration and Social Service (614 degrees) (as of 2022).

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Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Harvard University.
Most Common (2022)
  1. 905 degrees awarded
  2. 541 degrees awarded
  3. 346 degrees awarded

In 2022, the most common masters degree concentration at Harvard University was General Business Administration & Management with 905 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from masters degree programs at Harvard University according to their major.

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Sex Breakdown for Common Majors

5,222
Degrees Awarded to Men
in 2022
5,853
Degrees Awarded to Women
in 2022

In 2022, 5,222 degrees were awarded to men at Harvard University, which is 0.892 times less than the number of degrees awarded to females (5,853).

This chart displays the sex disparity between the top 5 majors at Harvard University by degrees awarded.

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Most Common Male Majors

In 2022, 503 degrees were awarded to men at Harvard University in General Business Administration & Management, which is 1.21 times more than the 415 female recipients with that same degree.

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Most Common Female Majors

In 2022, 415 degrees were awarded to men at Harvard University in General Business Administration & Management, which is 0.825 times less than the 503 male recipients with that same degree.

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Time to Complete

86%
100% Completion Time
98%
150% Completion Time

In 2022, 86% of students graduating from Harvard University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 98% completed their degrees within 150% of the normal time, and 98% within 200%.

The following chart shows these completion rates over time compared to the average for the Doctoral Universities Carnegie Classification group.

Graduation rate is defined as the percentage of full-time, first-time students who received a degree or award within a specific percentage of "normal time" to completion for their program.

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Graduation Rate by Race and Sex

Showing demographic groups with ≥ 5 graduating students.
Two or More Races Male
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate in 2022 at Harvard University is Male and Two or More Races (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (73.2%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, 1.36% of graduates (22 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity (2022)
  1. White
    3,778 degrees awarded
  2. Asian
    1,385 degrees awarded
  3. Hispanic or Latino
    903 degrees awarded

The most common race/ethnicity at Harvard University is white (3,778 degrees awarded). There were 2.73 times more white recipients than the next closest race/ethnicity group, asian (1385 degrees).

9.12% of degree recipients (1,010 students) did not report their race.

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Race & Ethnicity by Sex

Most Common Sex Demographic (2022)
  1. White Female
    1,920 degrees awarded
  2. White Male
    1,858 degrees awarded
  3. Asian Female
    741 degrees awarded

The most common race/ethnicity and sex grouping at Harvard University is white female (1,920 degrees awarded). There were 1.03 times more white female recipients than the next closest race/ethnicity group, white male (1858 degrees).

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Operations

Harvard University has an endowment valued at nearly $50.9B, as of the end of the 2022 fiscal year. The return on its endowment was of −1.3B (−2.55%) compared to the 1.13% average return (4.2M on 373M) across all Doctoral Universities.

In 2022, Harvard University had a total salary expenditure of 5.43B. Harvard University employs 1,015 Professors, 287 Lecturers and 248 Assistant professors. Most academics at Harvard University are Male Professor (703), Female Professor (312), and Male Lecturer (151).

The most common positions for non-instructional staff at Harvard University are: Business and Financial Operations, with 2,655 employees, Computer, Engineering, and Science, with 1,973 employees, and Office and Administrative Support with 1,905 employees.

Endowment

$50.9B
2022 Endowment
4.3%
decline from 2021

Harvard University has an endowment valued at about $50.9B, as of the end of the 2022 fiscal year. The endowment of Harvard University declined 4.3% from the previous year. The value of their endowment was $50.5B higher than than the median endowment of Doctoral Universities according to the Carnegie Classification grouping.

This line chart shows how the endowment at Harvard University (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Doctoral Universities: Highest Research Activity Carnegie Classification grouping.

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Government Grants and Contracts

Grants & Contracts
  1. $642M - Federal
  2. $5.23M - State
  3. $488k - Local

As of 2022, Harvard University received $642M in grants and contracts from the federal government, $5.23M from state grants and contracts, and $488k from local grants and contracts.

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Salary Expenditure

$2.21B
2022 Salaries
6.24%
growth from 2021

In 2022, Harvard University paid a median of $2.21B in salaries, which represents 40.6% of their overall expenditure ($5.43B) and a 6.24% growth from the previous year. This is compared to a 2.57% decline between 2020 and 2021, and a 4.56% growth between 2019 and 2020.

The median for similar Doctoral Universities is 246M (41.5% of overall expenditures).

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Instructional Salaries

$404M
Instructional Salaries
1,835
Number of Employees

In 2022, Harvard University paid a total of $404M to 1,835 employees working as instructors, which represents 18.3% of all salaries paid.

This is compared to a median of $73.7M (30%) for similar Doctoral Universities.

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Occupations by Share

Professor
Most Common Instructor
1,015 Employees
Business and Financial Operations
Most Common Non-Instructional Employee
2,655 Employees

In 2022, the most common positions for instructional staff at Harvard University were Professor with 1,015 employees, Lecturer with 287 employees, and Assistant professor with 248 employees.

In 2022, the most common positions for non-instructional staff at Harvard University were Business and Financial Operations with 2,655 employees, Computer, Engineering, and Science with 1,973 employees, and Office and Administrative Support with 1,905 employees.

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Instructors by Academic Rank and Sex

Most Common Demographic (2022)
  1. Male Professor
  2. Female Professor
  3. Male Lecturer

In 2022, the most common demographic for instructional staff at Harvard University was Male Professor with 703 employees, Female Professor with 312 employees, and Male Lecturer with 151 employees.

This chart shows the sex split between each academic rank present at Harvard University.

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