At HLS we understand the value of being able to plan and budget. This page includes several aid examples that vary based on whether or not you are married, your spouse is working, your spouse is a full-time student, and the number of children you have. These examples presume a Massachusetts tax rate and that the student will be using the Harvard University Student Health Insurance Plan (HUSHP).
If your specific circumstances are not captured by one of these examples, please reach out to your Financial Aid Officer to discuss your situation.
Married without children
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Example 1
Student has $0 in summer earnings, spouse is working, standard Spouse Income Protection:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $0 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $8,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $30,000 = Available Income = $2,600 Student Resources from Income = $2,340 HLS Grant Eligibility Formula 2024-2025 Student Budget $116,000 – Student Resources from Income – $2,340 – Student Resources from Assets – $3,750 – Parent Resources – $0 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $55,910 -
Example 2
Student has $38,000 in summer earnings, spouse is working, standard Spouse Income Protection:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $17,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $30,000 = Available Income = $31,600 Student Resources from Income = $28,440 HLS Grant Eligibility Formula 2024-2025 Student Budget $116,000 – Student Resources from Income – $28,440 – Student Resources from Assets – $1,000 – Parent Resources – $10,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $22,560 -
Example 3
Student has $38,000 in summer earnings, spouse is not a full-time student and is not working so there is no Spouse Income Protection:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $5,700 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $23,300 Student Resources from Income = $20,970 HLS Grant Eligibility Formula 2024-2025 Student Budget $116,000 – Student Resources from Income – $20,970 – Student Resources from Assets – $2,000 – Parent Resources – $8,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $31,030
Married with one child
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Example 1
Student has $0 in summer earnings, spouse is working, standard Spouse Income Protection, and a 4 year old child. The student could also submit the Adjustment form and documentation for additional approved expenses in order to protect more of the spouse’s income from the calculation:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $0 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $8,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $15,000 = Available Income = $17,600 Student Resources from Income = $15,840 HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $15,840 – Student Resources from Assets – $5,000 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $49,914 -
Example 2
Student has $38,000 in summer earnings, spouse is working, standard Spouse Income Protection, and a 4 year old child. The student could also submit the Adjustment form and documentation for additional approved expenses in order to protect more of the spouse’s income from the calculation:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $17,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $15,000 = Available Income = $46,600 Student Resources from Income = $41,940 HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $41,940 – Student Resources from Assets – $2,500 – Parent Resources – $6,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $21,314 -
Example 3
Student has $38,000 in summer earnings, spouse is not a full-time student and is not working so there is no Spouse Income Protection, and there is a 4 year old child:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $5,700 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $23,300 Student Resources from Income = $20,970 HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $20,970 – Student Resources from Assets – $500 – Parent Resources – $2,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $48,284 -
Example 4
Student has $9,000 in summer earnings, spouse is not a full-time student and is not working so there is no Spouse Income Protection, and there is a 4 year old child:
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $9,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $1,000 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $0 Student Resources from Income = $0 for Returning/Transfers, $2,500 for Entering HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $0 for Returning/Transfers; $2,500 for Entering – Student Resources from Assets – $60 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = Final HLS Grant Eligibility = $70,694 for Returning/Transfers; $68,194 for Entering
Married with two children
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Example 1
The following example assumes that the spouse is not a full-time student and is working in MA. The Spouse Income Protection is the standard amount, and there is a 3 and a 5 year old. The student could also submit the Adjustment form and documentation for additional approved expenses in order to protect more of the spouse’s income from the calculation.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $0 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $8,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $15,000 = Available Income = $17,600 Student Resources from Income = $15,840 HLS Grant Eligibility Formula 2024-2025 Student Budget $140,177 – Student Resources from Income – $15,840 – Student Resources from Assets – $5,000 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $64,337 -
Example 2
The following example assumes that the spouse is not a full-time student and is working in MA. The Spouse Income Protection is the standard amount, and there is a 3 and a 5 year old. The student could also submit the Adjustment form for additional approved expenses in order to protect more of the spouse’s income from the calculation.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $50,000 – Total Tax Allowances (Federal, State, FICA) – $17,400 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $15,000 = Available Income = $46,600 Student Resources from Income = $41,940 HLS Grant Eligibility Formula 2024-2025 Student Budget $140,177 – Student Resources from Income – $41,940 – Student Resources from Assets – $2,500 – Parent Resources – $6,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $35,737 -
Example 3
The following example assumes that the spouse is not a full-time student and the student is working in MA. There is no Spouse Income Protection since the spouse is not earning any income. There is a 3 and a 5 year old child.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $5,700 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $23,300 Student Resources from Income = $20,970 HLS Grant Eligibility Formula 2024-2025 Student Budget $140,177 – Student Resources from Income – $20,970 – Student Resources from Assets – $500 – Parent Resources – $2,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $62,707 -
Example 4
The following example assumes that the spouse is not a full-time student and the student is working in MA. There is no Spouse Income Protection since the spouse is not earning any income. There is a 3 year old and a 5 year old child. The HLS Grant eligibility is capped at the cost of tuition.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $9,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $1,000 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $0 Student Resources from Income = $0 for Returning/Transfers, $2,500 for Entering HLS Grant Eligibility Formula 2024-2025 Student Budget $140,177 – Student Resources from Income – $0 for Returning/Transfers; $2,500 for Entering – Student Resources from Assets – $60 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $77,100 for All because HLS Grant is capped at the cost of Tuition
Married to a full-time student with one child
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Example 1
The following example assumes that the spouse is a full-time student (that is not working full-time as well,) and that the student is working in MA. There is no Spouse Income Protection since HLS is not factoring in the spouse. There is a child in the household.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $5,700 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $23,300 Student Resources from Income = $20,970 HLS Grant Eligibility Formula 2024-2025 Student Budget $116,000 – Student Resources from Income – $20,970 – Student Resources from Assets – $500 – Parent Resources – $2,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $38,530 -
Example 2
The following example assumes that the spouse is a full-time student (that is not working full-time as well,) and that the student is working in MA. There is no Spouse Income Protection since HLS is not factoring in the spouse. There is a child in the household.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $9,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $1,000 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $0 Student Resources from Income = $0 for Returning/Transfers, $2,500 for Entering HLS Grant Eligibility Formula 2024-2025 Student Budget $116,000 – Student Resources from Income – $0 for Returning/Transfers; $2,500 for Entering – Student Resources from Assets – $60 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $60,940 for Returning/Transfers; $58,440 for Entering
Single with one child
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Example1
The following example assumes that the student is working in MA and that the 4 year old child is living with the student full-time. There is no Spouse Income Protection since HLS is not factoring in a spouse.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $38,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $5,700 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $23,300 Student Resources from Income = $20,970 HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $20,970 – Student Resources from Assets – $500 – Parent Resources – $2,000 – HLS Grant Eligibility Threshold – $54,000 = HLS Grant Eligibility = $48,284 -
Example 2
The following example assumes that the student is working in MA and that the 4 year old child is living with the student full-time. There is no Spouse Income Protection since HLS is not factoring in a spouse.
Formula used to Determine SR from Income 2024-2025 Student Total Summer Gross Income $9,000 + Spouse Total Gross Income (12 month period) + $0 – Total Tax Allowances (Federal, State, FICA) – $1,000 – Summer Living Allowance – $9,000 – Total Spouse Income Protection – $0 = Available Income = $0 Final Student Resources from Income = $0 for Returning/Transfers, $2,500 for Entering HLS Grant Eligibility Formula 2024-2025 Student Budget $125,754 – Student Resources from Income – $0 for Returning/Transfers; $2,500 for Entering – Student Resources from Assets – $60 – Parent Resources – $1,000 – HLS Grant Eligibility Threshold – $54,000 = Final HLS Grant Eligibility = $70,694 for Returning/Transfers; $68,194 for Entering