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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.
Despite the 2 percent decrease in applications for early and regular admission, Dean of Admissions and Financial Aid William R. Fitzsimmons ’67 said that the number of applications has been largely constant in recent years.
Harvard was among dozens of institutions of higher learning to renew and share its efforts to reach out to potential students from lower socioeconomic backgrounds last week.
When Tony Soprano sent his daughter to Columbia University in the famous TV show "The Sopranos", he recoiled from an additional $50,000 "donation" that the dean requested. Even the great mob boss of New Jersey considered Ivy League costs a shakedown—and that episode aired in 2001.
In line with its commitment to need-blind admissions and need-based financial aid, Harvard Law School will no longer collect deposits from admitted students who accept an admissions offer beginning with the Class of 2017.
The undertaking, called The Harvard College Connection, will seek to provide students with information about their options for college and financial aid by emphasizing social media and other online communications methods.
University President Drew G. Faust criticized President Barack Obama’s proposal to tie federal financial aid to government-created college rankings, a legislative goal that Obama has championed as a key step to making college more affordable.