University Finances
Nearly 20 Percent of Freshmen Received Financial Aid 'Startup' Grants
Eligible freshmen will receive $2,000 in “startup” grants over the course of the year from the Financial Aid Office, as part of a three-year pilot program.
In Longwood, Medical Students Rally for HUDS
A crowd of Medical School students rallied Monday in support of the University’s dining services workers, who are threatening to strike.
Harvard Raises More Than $7 Billion
The University has blasted past the record-setting drive's goal with about two years of fundraising left for programs and priorities that have not reached their targets.
Bloomberg Gives $32 Million for Mayoral Leadership Program
As many as 300 mayors and 400 aides are expected to participate over the course of the four-year program.
News Analysis: Blyth's Departure Continues HMC Shakeup
Blyth’s departure continues a recent trend of shorter stints at the head of HMC— for the first 31 years of its existence, the fund saw just one transition of leadership.
Radcliffe Raises $55 Million in Capital Campaign
The Radcliffe Institute for Advanced Study has raised $55 million towards its $70 million capital campaign fundraising goal, placing the institute at nearly 80 percent of its target.
OCS vs. Wall Street
This year banks circumvented OCS and began recruiting students earlier, before official On-Campus Interviews for finance internships started in January. The tug-of-war and resulting breakdown caused OCS to move up its interview schedule by several months next year to avoid contending with the banks.
Recession in Retrospect: Budget Cuts and Bleak Job Prospects for Graduates
At Harvard, unexpected changes in University leadership resulted in unforeseen budget cuts and delays in the new capital campaign, exacerbating the University’s economic difficulties in 1990 and 1991.
One Harvard, Inc.
As Harvard seeks to raise money for its ongoing fundraising drive, it regularly seeks out a bevy of alumni and individuals to support the school. In some cases, though, Harvard will turn to another source of funds: corporations.
Record $35.5 Million Donation to GSE funds Early Childhood Initiative
In a record donation to the Harvard Graduate School of Education, The Saul Zaentz Charitable Foundation gifted $35.5 million to establish an early childhood education initiative, bringing the school’s campaign to 93 percent of its total goal.
Faust Made $1.2 Million in 2014
Harvard Management Company CEO Stephen Blyth made less in 2014 as head of public markets than he did the previous year in that position, while University President Drew G. Faust earned more than she did in 2013.
Harvard’s Largest and Smallest Unions Push to Merge, Face Legal Challenge
Though members of Harvard University's smallest and largest employee unions have decided to merge, they may face legal barriers due to the job classifications of their members.
Management Company Adds Jain to Board
Robert Jain, an investment banker at Credit Suisse, joined the Harvard Management Company in March as the newest member of the board of directors, the fourth person added to the body since last August.
Former Harvard Management Company CEO Mendillo Nominated to GM Board
General Motors announced on Friday its nomination of former Harvard Management Company President and CEO Jane L. Mendillo to stand for election to its board of directors.
Extension School Students Rally for Degree Name Change
A small crowd of students from Harvard Extension School gathered on the steps of University Hall Saturday afternoon to protest the degree name that will appear on each of their diplomas, arguing for a certificate more representative of their experience at the school.
Harvard Medical School Passes 70 Percent of Capital Campaign Goal
As of March 1, Harvard Medical School had raised $531 million, achieving just over 70 percent of its goal of $750M. This marks an additional $64M in contributions since October, and includes donations from 8,900 people, according to a release from HMS.
Law School Activists Demand End to Tuition
In the most recent wave of activism at the Law School, some students are calling on the school to eliminate tuition completely as part of their new campaign for financial justice.
Energy Secretary Praises Science's Role in Iran Deal
The U.S. Secretary of Energy Ernest J. Moniz advocated for the role of science in securing the nuclear deal with Iran during a lecture at the Institute of Politics on Thursday.
As University Surpasses Campaign Goal, GSD Still Unfulfilled
Though Harvard has surpassed its $6.5 billion public campaign goal, the Graduate School of Design is still $22 million away from reaching its individual benchmark.
Administrators Use Renovated Dunster to Pitch House Renewal
As administrators polish their remaining Harvard-wide fundraising priorities in a record-breaking $6.5 billion capital campaign, they have turned to Dunster House as a platform and venue for pitching the House renewal project, a priority that still needs fulfilling.
Goal In Hand, Harvard Campaign Polishes Priorities
Its goal reached and some of its largest gifts collected, the “One Harvard” campaign will now finish the more humble task of polishing off priorities and engaging rank and file donors.
In Letter to Congress, Faust Makes Case For Endowment
Responding to congressional inquiry about university endowments, Harvard released an extensive document Friday explaining how its $37.6 billion endowment advances its educational—and tax-exempt—mission.
Harvard Hits Roadblock in CS50 Trademark Applications
Harvard’s attempt to trademark the name of CS50, the College’s introductory computer science course, hit a snag in early March when the United States Patent and Trademark Office refused portions of the University’s application.
GSAS Increases Stipend for Ph.D. Students by 3 Percent
At the Graduate School of Arts and Sciences, Ph.D. student stipends have climbed annually by at least three percent for the past six years.
Former Harvard Employee Pleads Guilty to Larceny, Forgery
A former employee of Harvard pled guilty on Feb. 29 to all charges related to his alleged use of a Harvard-issued employee credit card for $80,000 of personal expenses.