re: Is there such thing as a Full ride scholarship for academics?

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That is true to an extent. They have a policy called 'need blind' admissions. They determine how much of the $70K price tag you can afford. Problem is, in their opinion, if the family makes around $125K a year, you can afford the entire thing. If the family makes less, they may not charge at all. That is not a high threshold. What sucks about it is that their endowments are so large that they really don't need tuition. The endowments are growing faster than the cost of giving everyone free tuition. Why do they charge tuition? Because they are a bunch of leftists. (Last line is my observation.)

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Harvard has very generous financial aid. According to their calculator a family of 4 with $125,ooo income would pay $12,600 per year.

LINK

•20% of our parents have total incomes less than $65,000 and are not expected to contribute.

•Families with incomes between $65,000 and $150,000 will contribute from 0-10% of their income, and those with incomes above $150,000 will be asked to pay proportionately more than 10%, based on their individual circumstances. Families at all income levels who have significant assets will continue to pay more than those in less fortunate circumstances.

•Home equity and retirement assets are not considered in our assessment of financial need.