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Griffin, founder of Chicago-based investment firm Citadel, donated $150 million to the University in February. At least $125 million of the gift will go toward financial aid.
Eliot’s House committee plans to spend about $120 per every undergraduate resident this year, while Adams’ House committee intends to spend about $70, a Crimson analysis of recently disclosed House budgets found.
Few changes were made to this year’s budget, but the Council did debate how to allocate additional funds it will receive in revenue.
The College will offer an additional $30,000 in grants for domestic student group travel this academic year in response to recommendations from a working group convened last spring.
In one of his first moves as dean of the College, Rakesh Khurana has named Rutgers University administrator Sheila Thimba the College’s new dean of administration and finance, filling a post that has been without a permanent appointee for nearly a year.
Following a meeting Monday with Dean of the Faculty of Arts and Sciences Michael D. Smith, top Undergraduate Council leaders said that their request for a 50 percent increase in funding for student activities this year from the University was denied, even as Smith voiced support for their efforts and discussed funding possibilities for the future.
If you haven't been busy binge-watching House of Cards or cramming for your next midterm, you might have noticed that someone has donated a cool $150 million to Harvard. But before you start celebrating like you just won the lottery, keep in mind that just because the school got the money it doesn’t mean you will be getting your own butler any time soon. Here are a few other things we won’t see on campus, even with this generous donation.
Harvard's endowment returns have been generally in line with the national average in the past few years, but historically exceeded it, according to data from the National Association of College and University Business Officers and Commonfund Institute.
While a contractor for Scolopax, a Harvard-owned timber company in Romania, Dragos Lipan Secu allegedly conspired with timber sellers to purchase timberland at artificially high prices.
Harvard’s endowment grew at a slower rate than the national average for American colleges and universities, as well as many of its peer institutions, in fiscal year 2013, according to data released Tuesday by the National Association of College and University Business Officers and Commonfund Institute.
Though University President Drew G. Faust emphasized that the new Richard A. & Susan F. Smith Campus Center would foster “one University” for all Harvard students, many students across the University remain skeptical about whether Faust’s goal can be accomplished.
Administrators and student leaders say that the next permanent College Dean has the potential to maximize the College’s gains from the campaign, particularly if he or she is called upon to serve a more active role in soliciting donations.
The College’s top administrator treated undergraduates to another quirky email on Monday, this time updating us on the campus beekeeping scene, the fall foliage, and his latest reading pursuits.
Tyga’s controversial lyrics might go largely unheard if there isn’t a strong showing at this year’s Yardfest. But is it just "Rack City" that could make Yardfest less successful than spring festivals at other universities?