Word: unitive
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This is the first time the unit loan has increased since 1995 when it reached $29,400, he wrote...
...first time in eight years, HMS will increase the amount of their “unit loan”—which includes federal and Harvard loans—from $20,000 to a fixed $22,500 for students who entered HMS before the announcement...
...student’s financial need must exceed the amount of the unit loan before the student is eligible for scholarship aid through Harvard...
...cost of attending HMS for each student is financed using three components: family contribution, unit loan, and scholarship...
...When the unit loan stays flat, as it has for the last seven years, family contribution and the scholarship budget have to absorb any increases in overall costs,” Boodram wrote in an e-mail. “The unexpected surge in scholarship demand has made it impossible to sustain a $20,000 unit loan given available scholarship resources...