India, March 18 -- Harvard University on Monday announced that it plans to offer free tuition for certain students in a bid to boost diversity after the US Supreme Court banned racial preferences in college admissions.

The facility would be available to students whose families earn $200,000 and below, The New York Times reported. The move makes it the latest elite school to expand financial aid facilities in the United States.

The plan with the new income cap will take effect starting in the fall semester this year. Before this, only the students whose family incomes fell under $85,000 were offered free tuition by Harward. According to figures given by NYT, the median household income in the country is about $80,000.

The move comes at ...