Harvard University announced a "significant expansion of financial aid" on Monday to make tuition free for more students, even as the Ivy League institution said recently it is facing revenue concerns under the Trump administration.

Harvard announced today that it will make tuition free for students from families with annual incomes of $200,000 or less, beginning in the 2025-26 academic year.

Harvard University is making tuition free for families who earn less than $200,000 (£154,000) a year, the school announced. For families earning less than $100,000, Harvard will also cover expenses like housing and health insurance.