Harvard undergraduate tuition will be free for students from families making $200,000 or less, starting next fall, the university announced Monday in its latest effort to provide an Ivy League education to those who might otherwise be priced out.

The university said the plan announced Monday goes into effect for the 2025-2026 academic year and is aimed at making Harvard more affordable especially for middle income students.

Harvard has waived tuition fees for lower-earning families for over two decades. It's now expanding the offering to families earning $200,000 or less a year.