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Harvard’s small surplus is a move into the black after recent years of deficits large and small. The progress was largely fueled by the first public year of fundraising for the Harvard Campaign.
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.
Pan Shiyi and Zhang Xin, who donated $15 million to the University last July, shared their views on education and philanthropy with hundreds of students on Wednesday.
According to the complaint, Joseph N. Fonge and Barbara E. Fonge reported false income figures to the University between 2010 and 2013 in an attempt to defraud the College of financial aid funding.
As Harvard College tears down financial barriers to entry, its low-income students say they still wonder if they have a place inside the Ivory Tower.
The Crimson’s annual survey of the graduating senior class, presented in words, graphs, and numbers.
The school has already raised $600 million in gifts and pledges, putting it well on its way to fulfilling its share of the University-wide goal.
The Divinity School’s $50 million target, which is Harvard’s second smallest school, represents less than 1 percent of the University’s $6.5 billion fundraising goal.
The Harvard Campaign for Arts and Sciences raised a little more than half of its $2.5 billion fundraising goal as of the end of February, Dean of the Faculty of Arts and Sciences Michael D. Smith wrote in an email to the Faculty Monday morning.
Around noon, with photographers in place, the staff formed a human assembly line from within the office out to a waiting mail truck. Inside, a late breakfast of pancakes, coffee, and well-mixed mimosas awaited the celebratory staff.
The $2,200 hike, which represents a 3.9 percent increase, brings the total cost of tuition, room, board, and other fees to $58,607 for the 2014-2015 school year.
At 5 p.m., the Office of Admissions and Financial Aid will send emails to 1,031 regular applicants receiving offers.
The Office and Admissions and Financial Aid altered the instructions to financial aid applicants. The purpose for both the CSS and FAFSA forms is now clarified.
Hedge fund manager Kenneth C. Griffin ’89 has donated $150 million to Harvard and has directed at least $125 million of the gift to support financial aid at the College. The gift, announced by the University on Wednesday afternoon, is the largest in the history of Harvard College.
Harvard, along with 110 other institutions of higher education, may be illegally misleading prospective students by providing unclear financial aid instructions, according to the House Committee on Oversight and Government Reform investigation.