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 Monday that it will no longer charge tuition to students from families who make less than $200,000 annually.

Harvard will be free for students whose families make $100,000 or less per year. The prestigious Ivy League university will also be tuition-free for students whose families make $200,000 a year, NPR reported.