From the White House:
The President and Mrs. Obama announced today that their daughter Malia will attend Harvard University in the fall of 2017 as a member of the Class of 2021. Malia will take a gap year before beginning school.
Malia is currently a senior at Sidwell Friends School in Washington. There was no word on what she’ll be doing next year. The Obamas will remain in Washington for at least a couple of years while their younger daughter, Sasha, finishes up at Sidwell.