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.

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 University said on Monday it would make tuition free for undergraduate students from families earning less than $200,000 a year and would also cover health insurance, housing and other expenses for those earning less than $100,