Harvard University

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2019 Undergraduate Tuition
$47,730
3% growth from 2018
2019 Average Net Price
$18,030
After Financial Aid
2017 Student Loan
1.12%
Default Rate
2019 Acceptance Rate
4.64%
43,330 Applicants
2019 Enrolled Students
31,655
66.6% Full-Time
2018 Graduation Rate
97.7%
1,624 Graduates

About

Harvard University is a higher education institution located in Middlesex County, MA. In 2016, the most popular Bachelor's Degree concentrations at Harvard University were Econometrics & Quantitative Economics (334 degrees awarded), Computer Science (227 degrees), and General Political Science & Government (196 degrees).

In 2019, 9,504 degrees were awarded across all undergraduate and graduate programs at Harvard University. 50.9% of these degrees were awarded to women, and 49.1% awarded men. The most common race/ethnicity group of degree recipients was white (3,883 degrees), 2.7 times more than then the next closest race/ethnicity group, asian (1436 degrees).

The median undergraduate tuition at Harvard University is $47,730, which is $19,230 more than the national average for Doctoral Universities ($28,500).

About the photo: Emerson Hall in a snowstorm

Costs

The median undergraduate tuition at Harvard University is $47,730, which is $19,230 more than the national average for Doctoral Universities ($28,500).

After taking grants and loans into account, the average net price for students is $18,030.

In 2019, 44% of undergraduate students received federal grants, while 2% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$47,730
2019 Undergraduate Tuition

In 2019, the cost of tuition at Harvard University was $47,730. The cost of tuition at Harvard University is $19,230 more than than the overall (public and private) national average for Doctoral Universities ($28,500).

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

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Average Net Price

$18,030
2019 Value
2.5%
1 Year Growth

In 2019 Harvard University had an average net price — the price paid after factoring in grants and loans — of $18,030. Between 2018 and 2019, the average net price of Harvard University grew by 2.5%.

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

$17,160
Room and Board
$1,000
Books and Supplies

The average yearly cost of room and board at Harvard University was of $17,160 in 2019. During the same period, the average yearly cost of books and supplies was $1,000. The cost of room and board increased by 3% between 2018 and 2019. 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

Financial Aid by Income Level

44%
Of Undergraduates Receive Grants
2%
Of Undergraduates Receive Federal Loans

44% of undergraduate students at Harvard University received grants or loans in 2019. This represents a growth of 2.33% with respect to 2018, 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.
1.12%
2017 Default Rate
22
Number of Defaults

In 2017 the default rate for borrower's at Harvard University was 1.12%, which represents 22 out of the 1965 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 43,330 undergraduate applications in 2019, which represents a 1.36% annual growth. Out of those 43,330 applicants, 2,009 students were accepted for enrollment, representing a 4.64% acceptance rate.

There were 31,655 students enrolled at Harvard University in 2019, and 71% of first-time enrollees submitted SAT scores with their applications.

Harvard University has an overall enrollment yield of 82.1%, which represents the number of admitted students who ended up enrolling.

Acceptance Rate

4.64%
Acceptance Rate in 2019
2,009
Accepted Out of 43,330

In 2019, the undergraduate acceptance rate of Harvard University was 4.64% (2,009 admissions from 43,330 applications). This is lower than the acceptance rate of 2018, which was 4.73%. Between 2018 and 2019, the number of applicants grew by 1.36%, while admissions declined by -0.741%.

This chart compares the acceptance rate of Harvard University (in red) with that of other similar universities.

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SAT Scores

71%
Submission Percentage
1,172
Scores Submitted

71% of enrolled first-time students at Harvard University in 2019 submitted SAT scores with their applications.

This chart shows the SAT scores for the 25th and 75th percentile of applicants broken out into each section of the test that their are evaluated on.

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Enrollment

Harvard University has a total enrollment of 31,655 students. The full-time enrollment at Harvard University is 21,088 students and the part-time enrollment is 10,567. This means that 66.6% of students enrolled at Harvard University are enrolled full-time.

The enrolled student population at Harvard University, both undergraduate and graduate, is 40% White, 13.7% Asian, 9.21% Hispanic or Latino, 5.98% Black or African American, 3.99% Two or More Races, 0.215% American Indian or Alaska Native, and 0.0979% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Harvard University in full-time Undergraduate programs are most commonly White Male (20.6%), followed by White Female (17%) and Asian Female (11.3%). Students enrolled in full-time Graduate programs are most commonly White Male (19.1%), followed by White Female (18.7%) and Asian Female (6.91%).

Full-Time vs Part-Time Enrollment

66.6%
Full-Time Enrollment

The total enrollment at Harvard University, both undergraduate and graduate, is 31,655 students. The full-time enrollment at Harvard University is 21,088 and the part-time enrollment is 10,567. This means that 66.6% of students enrolled at Harvard University are enrolled full-time compared with 77.6% 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

97%
2019 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 97%. Compared with the full-time retention rate at similar Doctoral Universities (83%), 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
  1. White
    12,647
  2. Asian
    4,345
  3. Hispanic or Latino
    2,915

The enrolled student population at Harvard University is 40% White, 13.7% Asian, 9.21% Hispanic or Latino, 5.98% Black or African American, 3.99% Two or More Races, 0.215% American Indian or Alaska Native, and 0.0979% 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 50.3% White, 14.3% Hispanic or Latino, and 9.48% 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, 1,199 students (3.79%) did not report their race.

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Graduates

In 2019, 166 more women than men received degrees from Harvard University. The most common race/ethnicity group of degree recipients at Harvard University is white (3,883 degrees awarded). There were 2.7 times more white graduates than the next closest race/ethnicity group, asian (1436 degrees).

The most common Bachelor's Degree concentration at Harvard University is Econometrics & Quantitative Economics (334 degrees awarded), followed by Computer Science (227 degrees) and General Political Science & Government (196 degrees).

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 Cultural & Gender Studies (223 degrees awarded), Legal (806 degrees), and Architecture and Related Services (190 degrees).

Workforce

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 Architects, except landscape and naval (105,357 people), Other managers (67,953 people), Postsecondary teachers (47,723 people), Elementary & middle school teachers (46,232 people), and Lawyers, & judges, magistrates, & other judicial workers (45,106 people).

The most specialized majors at Harvard University are Cultural & Gender Studies (223 degrees awarded), Legal (806 degrees), Architecture and Related Services (190 degrees), Natural Resources & Conservation (236 degrees), and Language & Linguistics (271 degrees).

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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 Securities, commodities, & financial services sales agents, Physicians, Dentists, Surgeons, and Chief executives & legislators

The most specialized majors at Harvard University are Cultural & Gender Studies (223 degrees awarded), Legal (806 degrees), Architecture and Related Services (190 degrees), Natural Resources & Conservation (236 degrees), and Language & Linguistics (271 degrees).

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Common Industries by Major

The most common industries for people who hold a degree in one of the 5 most specialized majors at Harvard University are Architectural, engineering & related services (156,956 people), Elementary & secondary schools (118,079 people), Colleges, universities & professional schools, including junior colleges (93,337 people), Construction (62,290 people), and Legal services (45,516 people).

The most specialized majors at Harvard University are Cultural & Gender Studies (223 degrees awarded), Legal (806 degrees), Architecture and Related Services (190 degrees), Natural Resources & Conservation (236 degrees), and Language & Linguistics (271 degrees).

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Degrees

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
  1. 334 degree-majorss awarded
  2. 227 degree-majorss awarded
  3. 196 degree-majorss awarded

In 2019, the most common bachelors degree concentration at Harvard University was Econometrics & Quantitative Economics with 334 degrees awarded.

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

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Gender Breakdown for Common Majors

4,669
Degrees Awarded to Men
in 2019
4,835
Degrees Awarded to Women
in 2019

In 2019, 4,669 degrees were awarded to men at Harvard University, which is 0.966 times less than the number of degrees awarded to females (4,835).

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

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Most Common Male Majors

In 2019, 659 degrees were awarded to men at Harvard University in General Business Administration & Management, which is 1.29 times more than the 509 female recipients with that same degree.

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Most Common Female Majors

In 2019, 509 degrees were awarded to women at Harvard University in General Business Administration & Management, which is 0.772 times less than the 659 male recipients with that same degree.

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Time to Complete

84%
100% Completion Time
96%
150% Completion Time

In 2019, 84% of students graduating from Harvard University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 96% completed their degrees within 150% of the normal time, and 97% 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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Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.
Black or African American Female
Highest Graduation Rate (100%)

The student demographic with the highest graduation rate at Harvard University is Female and Black or African American (100% graduation rate). Across all Doctoral Universities, Asian Female students have the highest graduation rate (69.1%).

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, 1.05% of graduates (17 students) did not report their race.

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Race & Ethnicity by Share

Most Common Student Race or Ethnicity
  1. White
    3,883 degrees awarded
  2. Asian
    1,436 degrees awarded
  3. Hispanic or Latino
    860 degrees awarded

The most common race/ethnicity at Harvard University is white (3,883 degrees awarded). There were 2.7 times more white recipients than the next closest race/ethnicity group, asian (1436 degrees).

2.16% of degree recipients (205 students) did not report their race.

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Race & Ethnicity by Gender

Most Common Gender Demographic
  1. White Male
    1,974 degrees awarded
  2. White Female
    1,909 degrees awarded
  3. Asian Female
    798 degrees awarded

The most common race/ethnicity and gender grouping at Harvard University is white male (1,974 degrees awarded). There were 1.03 times more white male recipients than the next closest race/ethnicity group, white female (1,909 degrees).

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Operations

Harvard University has an endowment valued at nearly $40.9B, as of the end of the 2019 fiscal year. The return on its endowment was of $2.7B (6.6%), compared to the 4.24% average return ($13.2M on $311M) across all Doctoral Universities.

In 2019, Harvard University had a total salary expenditure of $5.21B. Harvard University employs 1,008 Professors, 285 Lecturers, and 225 Assistant professors. Most academics at Harvard University are Male Professors (727), Female Professors(281), and Male Lecturers (153).

The most common positions for non-instructional staff at Harvard University are: Management, with 2700 employees, Business and Financial Operations, with 2044 employees, and Office and Administrative Support with 1900 employees.

Finances

Endowment

$40.9B
2019 Endowment
4.32%
growth from 2018

Harvard University has an endowment valued at about $40.9B, as of the end of the 2019 fiscal year. The endowment of Harvard University grew 4.32% from the previous year. The value of their endowment was $40.6B 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. $631M - Federal
  2. $2.82M - State
  3. $48k - Local

As of 2019, Harvard University received $631M in grants and contracts from the federal government, $2.82M from state grants and contracts, and $48k from local grants and contracts.

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Expenses

Salary Expenditure

$2.04B
2019 Salaries
4.87%
growth from 2018

In 2019, Harvard University paid a median of $2.04B in salaries, which represents 39.1% of their overall expenditure ($5.21B) and a 4.87% growth from the previous year. This is compared to a 3.08% growth from 2017 and a 4.4% growth from 2016.

The median for similar Doctoral Universities is 234M (42.4% of overall expenditures).

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Instructional Salaries

$366M
Instructional Salaries
1,811
Number of Employees

In 2019, Harvard University paid a total of $366M to 1,811 employees working as instructors, which represents 18% of all salaries paid.

This is compared to a median of $71.1M (30.3%) for similar Doctoral Universities.

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Faculty and Staff

Occupations by Share

Professor
Most Common Instructor
1008 Employees
Management
Most Common Non-Instructional Employee
2700 Employees

In 2019, the most common positions for instructional staff at Harvard University were Professor with 1,008 employees; Lecturer with 285 employees; and Lecturer with 225 employees.

In 2019, the most common positions for non-instructional staff at Harvard University were Management with 2,700 employees; Business and Financial Operations with 2,044 employees; and Office and Administrative Support with 1,900 employees.

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Instructors by Academic Rank and Gender

Most Common Demographic
  1. Male Professor
  2. Female Professor
  3. Male Lecturer

In 2019, the most common demographic for instructional staff at Harvard University was Male Professor with 727 employees, Female Professor with 281 employees, and Male Lecturer with 153 employees.

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

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